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Ivanka Trump's Jewelry Line Slapped With Lawsuit Over $20k In Missed Payments

It hasn’t been the easiest go of things for Ivanka Trump since her father threw his hat into the political ring.

She’s been subjected to a never-ending stream of scorn and ridicule on social media, been completely ripped to shreds by the press, and generally treated as if she holds some kind of mythical power over her father and is in control of each and every one of his decisions.

Outside of that, everything has been just fine in Ivanka’s world. Alright, that’s not exactly the case either.

Her personal brand and businesses have taken an immeasurable hit. A number of retailers took the highly-questionable step of blackballing Ivanka-branded products as a result of personal displeasure with President Donald Trump, and scores of users have encouraged a complete boycott of any and all products associated with her.

Add it all up, and things have been rather challenging for Ivanka, and reports indicate that they may be getting even worse.

As the Daily Mail shares, Ivanka Trump Fine Jewelry is being sued over more than $20,000 in missed payments. Italian jeweler Raselli Franco is said to have sold Ivanka's company $56,833 worth of jewelry last year. The jeweler agreed to take payment in four installments, but a payment of $21,122 has yet to be made in spite of an extension being granted.

While $20,000 is a lot of coin when we’re talking about everyday life, it’s not an astronomical sum in the world of fine jewelry. As such, it’s unclear why there has been feet-dragging over the payment to Franco. Is there a problem with the jewelry itself?

That doesn’t appear to be the case, as other payments were made prior to the deadlines being missed. So is this a cash flow issue at Ivanka’s company?

That’s unclear as well, but this is not the first time that the company has been called out for a failure to pay its bills. Back in January, New York state hit the company with a lien over a failure to pay $5,000 in taxes for its store on Fifth Avenue, which retails pieces ranging from $1,000 to $20,000.

That issue came up at the height of the time when retailers were blackballing her products. Neiman Marcus was among those that drew a line in the sand, and that prompted backlash from POTUS on social media.

“My daughter Ivanka has been treated so unfairly by Nordstrom,” Trump wrote. “She is a great person – always pushing me to do the right thing! Terrible!”

Regardless of the reasons for the missed payments, it’s a horrible look for the First Daughter, and it adds even more fuel to the fire for her wealth of critics. While Ivanka may be a bit tied up on the homefront in the nation’s capital at the moment, she may want to put a reminder out to those that run her businesses that it’s her name on the line - as well as her skin in the game.

Source: Daily Mail
Photo: Michael Vadon/Flickr, YouTube, Raselli Franco

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