(AllHipHop News) DJ Khaled claims a celebrity jeweler is using a phony organization to issue bogus appraisals of their goods in a vast conspiracy.
Khaled just filed documents in an ongoing lawsuit with New York’s Rafaello & Company.
Rafaello & Company filed a lawsuit against producer DJ Khaled in 2015, claiming Khaled decided to keep two Rolex watches, a diamond chain, a pair of diamond earrings, and a 4-carat diamond ring, all valued at more than $100,000.
In the latest round of legal filings, Khaled claims Raefaello & Company uses a company called The American Board of Certified Gemologists (ABCG), who appraises the company's jewelry at inflated prices.
Khaled says the two companies work together “to sell jewelry at a much higher price by falsely representing the quality and value," thus, ripping off their clients.
Rafaello maintains Khaled was lent the pieces for 15 days with the stipulation the Miami native would either pay for the items or return them.
The suit alleges Khaled simply kept the jewelry despite a supposed written agreement between the two parties.