Allen Iverson Stiffs His Jeweler

Bad, bad Allen I!

According to court papers obtained by TMZ … Iverson was sued back in 2010 for allegedly stiffing Aydin & Company Jewelers on a $375,000 bill.

The records show … A.I. never responded to the lawsuit … so a default judgement was issued in favor of the jewelry store … allowing A&C to collect $859,896.46 for the bling, court costs, interest and attorneys fees.

In Allen’s defense, why would his jeweler give him $375,000.00 worth of jewelry without a credit card?