In a recent interview, rapper 50 Cent has made explosive claims against boxing champion Floyd Mayweather, alleging that Mayweather has engaged in financial misconduct involving millions of dollars. The rapper, who has a long-standing history of public disputes with Mayweather, accused him of scamming fellow boxers and manipulating financial figures to maintain his lavish lifestyle.

50 Cent alleged that Mayweather has been avoiding fights in the United States due to significant debts to major venues, including the T-Mobile Arena and MGM Grand. He suggested that these venues have tolerated the debt because of the high profits generated from Mayweather’s events. Moreover, 50 Cent revealed a personal investment of $2 million he made in Mayweather Promotions, which he claims was never returned, further illustrating the alleged financial mismanagement.

The rapper described Mayweather’s promotional company as the “biggest Ponzi scheme” he has ever encountered. He criticized the organization for reportedly misleading business partners and fighters regarding financial arrangements, suggesting that many opponents were underpaid due to manipulated purse amounts. According to 50 Cent, Mayweather would often take a substantial cut from fight earnings before distributing only a fraction of the remaining amount to the fighters.

50 Cent’s comments come amid rising scrutiny of Mayweather’s financial practices, with calls for federal investigation into the operations of his boxing promotions. The rapper also indicated that Mayweather’s former associates, including Leonard Ellerby, played roles in these alleged schemes, which contributed to the downfall of their partnership.

As the boxing community grapples with these allegations, 50 Cent asserts that the truth about Mayweather’s financial dealings could significantly alter the perception of his legacy within the sport. The ongoing feud between the two figures continues to captivate public interest as more details emerge.