NEW ORLEANS (AP) — New Orleans Saints quarterback Drew Brees has filed a lawsuit accusing a California businessman of cheating him out of $9 million through jewelry purchases.
Area media report that Brees and his wife filed suit Monday in California against Vahid Moradi, who operates CJ Charles Jewelers in San Diego.
Brees claims multiple pieces of jewelry he purchased as investments over time appraised for $9 million less than he paid for the pieces. The items include a blue-diamond ring that cost about $8.2 million.
The suit claims Brees confronted Moradi and the dealer admitted to charging a substantial markup. The suit says the two were close friends.
An attorney for Moradi says Brees attempted to “bully” the man after items didn’t increase in value the way the player had hoped they would.
“He should restrict his game-playing to the football field,” attorney Eric George said. “And refrain from bullying honest, hard-working businessmen like my client.”
- Saints QB Drew Brees sues over millions spent on jewelry
- TILLER TRIBUTE: Drew Brees
- Brees, Saints singe sinking Eagles, 48-7
- AP sources: Brees agrees to 2-year extension with Saints
- Saints’ Brees becomes NFL’s all-time yards passing leader
- Cowboys stifle Brees, end Saints’ 10-game win streak, 13-10
- Bruno's Pizza owner does Drew Brees' online bidding to capture Wooden jersey
- Renovations coming to Brees center
- Brees nabs Wooden jersey for Purdue to display
- Brees makes exclusive 500 club, beats Ravens for first time