Erika Jayne’s infamous diamond earrings have been sold at auction for way less than what Tom Girardi bought them for back in 2007.
The now disgraced attorney bought the 6-carat diamond earrings for $750,000 back in 2007; however, the earrings hit the auction block with bids starting at a mere $180,000.
Ultimately the earrings sold for $250,000 on December 7, 2022.
In June, a judge ruled that Tom purchased the earrings with “settlement funds from the trust account created for a class-action handled by Thomas’ firm Girardi Keese.”
Erika was ordered to turn over the earrings. She filed an appeal, claiming the earrings were now worth $1.4 million, which is still pending despite the recent sale.
Despite the victory for Tom’s creditors and victims, it turns out there is some controversy around the diamond earrings Erika turned over to the trustee overseeing the bankruptcy case for Tom and his Girardi Keese law firm.
Tom purchased diamond earrings for Erika in 2004; however, two years later, they were stolen during a robbery at their former Pasadena mansion.
Then in March 2007, M.M. Jewelers distributed replacement earrings. Yet, according to Attorney Ronald Richards, those earrings were not the ones Erika turned over to the trustee in Tom’s bankruptcy case.
He tweeted, “The stones in the possession of the auctioneer are not the same stones described in the March 2, 2007 sales invoice.”
Richards also included GIA reports to back up his claim. See below!
He told The U.S. Sun: “Erika has no involvement in the process nor has provided a reason why the earrings she turned over are different than on the sales receipt. It’s like no one cares or wants to discuss this issue so long as they are sold.”
When it comes locating the real diamond earrings Tom purchased in 2007, Richards says they are working on recovering them but that “it is a mystery in progress.”
Meanwhile, Richards notes that if Erika does win her appeal over the diamonds, she will get the proceeds from the sale of the earrings.
“If Erika wins her appeal, she will get the proceeds returned to her from the sale tomorrow,” Richards noted.
The Real Housewives of Beverly Hills is expected to return for season 13 in 2023.