Drew Brees Suing Jeweler For Allegedly Scamming Him Out Of $9 Million
New Orleans Saints signal caller Drew Brees is suing a San Diego Jeweler that he says swindled him out of millions for multiple high-end jewelry pieces.
According to a court filing pulled by The Times-Picayune, Brees is looking recoup $9 million dollars from Vahid Moradi of CJ Charles Jewelers in San Diego. In the lawsuit papers, it states that Drew and his wife claim that the jewelry purchased was appraised for $9 million dollars less than what they paid Moradi.
The filing also states that he paid Moradi around $15 million for several pieces of jewelry, including a blue diamond ring that cost $8.18 million, which according to the filing, an independent appraiser valued at $3.75 million.
TMZ Sports were the first to break this story and they say that Brees believed his purchases were a long-term investment that they would only grow in value.
Moradi's attorney claims that Brees is attempting to bullying his client because of his own financial problems:
Drew Brees aggressively purchased multi-million dollar pieces of jewelry. Years later, claiming to suffer 'cash flow problems,' he tried to bully my client into undoing the transactions. - Eric M. George, Moradi's attorney
Brees has made nearly $200 million over his 17-year NFL career. He recently signed a two-year, $50 million extension with the Saints this offseason that will pay him $27 million guaranteed.
He also owns and co-owns several business, he has tons of endorsement deals...I truly doubt Drew Brees is hurting for money and doing this because of "financial problems".