A California jeweler scammed Drew Brees and his wife out of $9 million by having them overpay for diamonds during a seven-year period, the couple alleged in a lawsuit filed Monday.
The lawsuit accuses Vahid Moradi, of CJ Charles Jewelers in San Diego, of fraud and breach of contract.
Moradi confessed he charged plaintiffs a substantial markup. Moradi insisted unabashedly that he had done nothing wrong because he charged the plaintiffs the price at which Moradi expected the jewelry could be resold in ten to fifteen years because Moradi knew plaintiffs wanted a ‘long-term investment,’ the lawsuit reads.
In addition to lying and defrauding plaintiffs, Moradi has refused to refund them money Moradi acknowledges he owes plaintiffs, the lawsuit continues.
The Brees’ relationship with Moradi began when Drew Brees wanted to buy watches that could increase in value over time.
That professional relationship blossomed into a personal one, court documents say, and Moradi became involved with the couple’s charitable foundation.
The couple eventually severed ties with Moradi, who they also accuse of refusing to return to them $244,000 they wired to him for a watch they ultimately decided to not buy. Moradi allegedly said he would convert that money into store credit instead.
J.A. Happ Youth Jersey The lawsuit, filed in San Diego, seeks to recover at least $9 million in damages as well as a refund for the $244,000.
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