The San Diego Union-Tribune reports that New Orleans Saints All Pro quarterback Drew Brees has been awarded over $6 Million ($6,130,767) after winning a civil lawsuit against La Jolla Jeweler Vihad Moradi of CJ Charles Jewelers.
Brees claims, and the Superior Court jury agreed, that Moradi misrepresented the value of the diamonds. Mr. and Mrs. Brees purchased the rare colored diamonds as an investment from the jeweler who valued them at $15 million. However, they were assessed at significantly less than $15 million. Brees alleged that instead of selling the jewels at wholesale cost as agreed upon, Moradi built in a healthy profit into the prices.
Attorney Andrew Kim, who along with Rebecca Riley represented the Brees had this to say about the verdict:
“It was our position that Mr. Moradi breached his fiduciary duty, and that’s essentially what the jury said. They saw Mr. Moradi for exactly what he is: a grifter and a confidence man.”
Drafted in the second round by the San Diego Chargers in 2001 out of Purdue University. Brees spent 2001-2005 in San Diego before signing with the New Orleans Saints in 2006. Where he has been ever since, notably winning the Super Bowl XLIV and being named Super Bowl MVP.
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