TMZ- Drew Brees claims he was scammed out of MILLIONS by a jeweler who sold him an $8 MILLION diamond ring ... but the jeweler is saying Brees has no one to blame but himself.
The New Orleans Saints QB has filed a lawsuit against Vahid Moradi -- who runs the CJ Charles jewelry shop in San Diego, the city where Brees began his NFL career. Brees claims he's been buying jewelry from Moradi for years -- and has dropped roughly $15 MILLION on some insane pieces ... including watches, earrings and rings. Problem is ... Brees claims he recently had his jewelry independently appraised and was told his collection is worth $9 MILLION less than he paid. In his suit filed Monday ... Brees says Moradi had insisted his jewelry was a solid investment that would definitely go up in value over the years -- and feels he was lied to the entire time. Brees claims the biggest hit he took was on a 4.09 carat blue diamond ring he bought in 2015 for $8.18 million ... which recently appraised for only $3.75 million. But Moradi's high-powered attorney, Eric M. George, says Brees shouldn't be pointing the finger at Moradi ... he can only blame himself. "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." "Mr. Brees’s behavior and his belief that he was wronged because the jewelry did not appreciate in value as quickly as he hoped both demonstrate a lack of integrity and contradict basic principles of both economics and the law." "He should restrict his game-playing to the football field, and refrain from bullying honest, hard-working businessmen like my client." Brees is seeking at least $9 million in damages. --------- Mo' Money, Mo' Problems. Shockingly, it's not just the title of a timelessly stimulating track that perfectly encapsulates an era of hip hop, but rather a very real phenomenon that affects the wealthy. Who knew?!?! Honestly, my first inclination was to say that this makes Drew Brees look bad. Then I thought about how pissed I would be I spent $150 dollars on a watch only to come to find out that said watch was only worth less than 50% of that price. Multiple that level of disappointment by approximately 53,333 and it becomes a bit easier to understand why the Saints' quarterback was infuriated when he found out the ring he purchased was "only" worth 3.75 million dollars. If we learned anything from this story it's that rap is an irrefutable commentary on society and Kanye West seemed pretty adamant that "diamonds are forever". Therefore, there's something quite fishy about one that supposedly depreciated in value by nearly FIVE MILLION DOLLARS over the span of three years. Now, regardless of the fact that Drew Brees is more likely to impregnate than not during any given year, the claim of "cash flow problems" seems a bit disingenuous coming from someone that's made nearly 200 million dollars without even taking in account all his endorsements. Unfortunately, it's merely as ridiculous as an attorney talking about a jeweler who casually sells eight million dollar pieces as if he's the 'Joe the Plumber' of iced-out accessories. Due to nothing more than my sheer ignorance on the subject of seven-figure investments, I'm going to assume that both sides are at least a little wrong in waging a litigious war that can best be summed up with the hashtag #RichPeopleProblems.
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