Last month Allen Iverson was accused of screwing his estranged wife and kids after depleting their joint bank account to purchase jewelry [click here if you missed that].
Well Allen is about to get a taste of his own medicine. A Georgia court just awarded a default judgment against Allen to Aydin & Company Jewelers in the amount of $850,000...
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.
But A.I. still didn't pay ... so earlier this month .. the judge signed off on an order which allows the store to recoup their loss directly from Iverson's Wells Fargo bank account.
So far, it's unclear if the store has received its money. Calls to Iverson's rep have not been returned.