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Allen Iverson Owes Big Money to Bling Dealer

Jan 31, 2012, 1:24 PM EDT

Allen Iverson has been ordered to fork over boatloads of money that he owes to a jeweler. The Sporting News has the details, "A Georgia judge commandeered the bank account of former NBA star Allen Iverson in order to pay out a substantial debt for an unpaid jewelry bill in a summary judgement on Monday"

He didn’t go by the rap name “Jewelz” for nothing.

Allen Iverson has been ordered to fork over boatloads of money that he owes to a jeweler. The Sporting News has the details, “A Georgia judge commandeered the bank account of former NBA star
Allen Iverson in order to pay out a substantial debt for an unpaid
jewelry bill in a summary judgement on Monday”

“The judge will garnish Iverson’s earnings to allow Aydin and Company
Jewelers to collect $859,896.46 for the jewelry bill, court costs,
interest and attorney fees, according to a TMZ.com report.”

I know what you’re saying, $859,896.46 is a crazy amount of money to spend on jewelry. What the hell could he have bought for that much?

Unfortunately, A.I. was unavailable for comment.

In the end, the judge apparently gave the jewelry peeps access to A.I.’s Wells Fargo bank account. That must be a fascinating thing to see.

We hate seeing guys who were once masters of their domain fall into financial hardship. It never seems to be a positive thing when A.I.’s name pops up in the news these days.

>>Judge orders Iverson’s wages garnished to pay jewelry bill [SN]


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