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Old 12-15-2015, 02:51 AM
AzzarTheGod AzzarTheGod is offline
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This is controversial to me. I liken it to what happens when you break up with your girlfriend of a few months that you may have bought all these clothes, jewelry etc. Usually its just written off as a loss among civilian folk the day you gift it to them.

Floyd Mayweather is the only guy I have seen set up all his cars, diamonds, furniture, clothing, etc. under some type of LLC and then these gifts are somehow loaned to his girlfriend without her knowledge that he didn't purchase them for her, and he is able to have repo-men go collect on all of the items after they break up. He has done this to 2-3 of his girlfriends.

I want details on how Mayweather works that out, because he sounds like a fucking innovator if you ask me. I have minimal knowledge of finance law or whatever it falls under. the key here is, he is retaining legal authority over the items somehow. So the ownership of the items is not able to be disputed in a court, and that is what I can't figure out.

Even any speculation on how he does it would be helpful.
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Last edited by AzzarTheGod; 12-15-2015 at 02:55 AM..