Spencer Cornelia describes himself as a YouTube content creator and real estate investor. Last week he uploaded a story about a real estate developer. Several allegations of him not paying up the money he owed others came up. However, as it turns out, the person under review had filed a case of inappropriate ticket sales against Floyd Mayweather Jr. and promoter Al Haymon last year. Cornelia took the viewers through the details. The former champion, a big-time real estate investor, reportedly owns nine skyscrapers in New York, including the ninety-three-story One Vanderbilt. He shared the report through his Instagram story.

As per the article on ‘boxingtalk,’ early last year, Joseph Englanoff, from Yogi Securities Holding LLC, filed a case at California State Court. Reportedly, Mayweather Jr., Mayweather Promotions, and Al Haymon faced charges of $6 million from ticket sales from the exhibition match between ‘The Money’ and YouTuber Logan Paul. The lawsuit claimed that Mayweather Jr. and an additional co-defendant persuaded Englanoff to buy the ticket for the bout. 

Floyd Mayweather Jr. shares a report about a real estate businessman

Cornelia’s scoop turns the light on last year’s plaintiff, Joseph Englanoff. According to him, he reached out to all the parties in the defense. Additionally, several others were aware of the case. So he made the video covering the story from the defense’s angle. Soon people started reaching out to him and shared their stories of how they had suffered getting into business deals with Englanoff.

He said, “Several people who once considered him a friend, business associate and even family reach out to me to share horrifying business experiences with Joe Englanoff, who they refer to as yossi. While researching for both videos, I found that the plaintiff named, Joseph Englanoff was involved in many lawsuits.” Over the next eight to nine minutes, Cornelia took the viewers through the intricacies of Englanoff’s various other deals. Also, he threw some light on the alleged anomalies in the profile of Joseph Englanoff. At the show’s start, he mentioned how the research had lasted almost a year. Later he chanced upon the lawsuit involving Mayweather Jr.  

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As per the article, Englanoff’s complaint (no evidence was attached, though) stated that after receiving the investment rights, he poured in roughly $1.4 million to buy the tickets of the match at par value, which would then be resold at prices much higher. According to the deal, he would receive nearly 25% of the profit thus earned. However, in the end, Englanoff received only $100k. The remaining balance never came, he alleged in the complaint.

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Have you come across the ticket sale issue allegedly involving Mayweather Jr.? Please share your thoughts and views with us in the comments below.

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