Angelina Jolie's engagement ring reportedly set Brad Pitt back a cool $500,000. And it could end up costing Perez Hilton the same.
Gossip blogger Hilton (real name: Mario Armando Lavandeira) has been slapped with a lawsuit after reporting that the man who designed Jolie's ring had previously been found guilty of fraud.
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Hilton's report, published April 17 on his Coco Perez offshoot site, claimed that jeweler Robert Procop, who designed the ring with Pitt, had previously been successfully sued for fraud by a customer named Roy Allenstein. Allenstein supposedly discovered that the necklace he purchased from Procop contained only 17.62