Connect with us

Headlines

Jeweler Must Cough Up $300,000 After Allegedly Duping Baseball Star into Buying Low-Quality Jewelry

mm

Published

on

Judge rules that the transaction with David Ortiz was “done in bad faith.”

California jeweler Randy Hamida was ordered by a court to pay $318,800 to David Ortiz after he allegedly duped the Red Sox slugger into paying a hefty sum for low-quality jewelry that was sold under false pretenses, the Boston Globe reports. The article says that Ortiz agreed to buy jewelry from Hamida that he claimed was made of precious metals, diamonds and gems and worth more than $127,000; Ortiz then paid $80,000 and also traded in a gold necklace and bracelet.

But soon after, the article says, Ortiz discovered that the jewelry was worth far less than $127,000 and, as the judge wrote, “was not in all cases composed of the precious metals and gems of which Hamida had claimed them to be composed”. When Ortiz demanded the return of his money as well as the necklace and bracelet, Hamida allegedly agreed but never followed through. In his ruling, the judge wrote that Hamida made “false representations” and said his “failure to deliver jewelry of the kind and value agreed upon was done in bad faith.”

Read more at the Boston Globe

Advertisement

Advertisement

SPONSORED VIDEO

Celebrate Your Retirement with Wilkerson

For nearly three decades, Suzanne and Tom Arnold ran a successful business at Facets Fine Jewelry in Arlington, Va. But the time came when the Arnolds wanted to do some of the things you put off while you’ve got a business to run. “We decided it was time to retire,” says Suzanne, who claims the couple knew how to open a store, how to run a store but “didn’t know how to close a store.” So, they hired Wilkerson to do it for them. When she called, Suzanne says Wilkerson offered every option for the sale she could have hoped for. Better still, “the sale exceeded our financial goals like crazy,” she says. And customers came, not only to take advantage of the going-out-of-business buys and mark-downs, but to wish a bon voyage to the beloved proprietors of a neighborhood institution. “People were celebrating our retirement, and that was so special,” says says.

Promoted Headlines

Most Popular