Boxing champion Floyd Mayweather, who is currently imprisoned, says a casino owes him $61 million and he has now taken legal action against them. Floyd filed a $61 million claim in federal bankruptcy court against Resorts Development Group II LLC, which owns Country Crossing casino.
According to The Dothan Eagle, Mayweather contends that he loaned the company $4 million back in May of 2010. He says he was to be reimbursed for his initial investment in addition to another $1 million in interest by June of 2010. If the company was late on paying the money back on the set date, interest of $100,000 a day was to accrue, which is how Floyd came up with a total of $61 million.
The casino remains closed after it was raided last week.
Source: blacksportsonline.com
