NFL Player Awarded $6.1M in Jewelry Fraud Lawsuit - INSTORE MAG
Drew Brees, quarterback for the NFL’s New Orleans Saints, has won $6.1 million in damages from a jeweler he claims sold him diamonds at grossly inflated prices.
Drew Brees
In a jury trial in San Diego, Drees said he bought $15 million in diamonds from Vahid Moradi and CJ Charles Jewelers over a four-year period ending in 2016, The Advocate reports. He said he’d become friends with Moradi and trusted him completely.
Brees said he and his wife, Brittany, were then told by an appraiser that they’ve overpaid by about $7 million.
The Breeses alleged fraud and breach of contract, as well as violation of California business law, according to The Advocate.
AdvertisementMoradi and his lawyer, Kevin Rooney, said they plan to appeal the jury’s decision. They said they “passionately disagree” with the verdict.
Moradi said he sold jewelry to the Breeses at a normal retail markup.
Read more at The Advocate
