According to court documents obtained by Radar, a jewelry company named Greene & Co International, and its owner Michael Greene are suing Herbert accusing him of fraud and deceit, along with breach of contract.
The suit also added Herbert’s companies GloeJoe Music Inc. and Trend-Scend LLC as defendants. The company says they are a high-end diamond and jewelry store located in Beverly Hills.
Greene & Co. claim Herbert reached out to them in December 2018 asking them to create seven unique separate pieces for him. The deal was finalized on May 19, 2019. Greene & Co says Herbert repeatedly lied about his net worth “including his ability to “pay for the jewelry, his career, and his involvement in the music industry.”
They accuse Braxton’s ex of “knowingly” making them misrepresentations in an effort to induce the company to extend him a line of credit. They allowed him to write a check as partial payment and agreed to let him take possession of the pieces before “the invoice had been paid in full.”
Greene & Co says they relied on his word when allowing him to walk off with the jewelry
Herbert wrote them a check for $20,000 and they gave him his custom-made jewels. However, they claim when they went to the bank to cash it, the check bounced.
The suit reads, “Immediately, via text messages with the Defendant, Plaintiffs informed the Defendant that the check was returned for insufficient funds and inquired when the $20,000.00 and the remaining balance of the invoice would be paid in full.”
The jeweler says each time they asked Herbert when he was going to pay his debt, he offered “false promises and guarantees, always saying that the money, “was being transferred into Plaintiffs’ account, or that he would meet the Plaintiffs to pay his balance due. Defendant never paid.”
The company says Herbert kept making promises but never paid up on the bill. As a result, they are suing him for the remaining balance plus interest totaling $66,320.12.
As Radar previously reported, Herbert has faced financial issues for several years. He’s been sued for eviction, accused of owing Sony Music a ton of money advanced to him, had companies trying to repossess his luxury rental cars, and was recently hit with a $500k judgment to a former business partner LDNX Records. Herbert has yet to respond to the recent lawsuit.