Author Topic: Watch Dealer Ponzi Scheme (Not Lakewood This Time)  (Read 3198 times)

Offline coffeebean

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #20 on: August 15, 2023, 04:34:36 PM »
Who can get a bullet point style TL;DR from ChatGPT how this scam worked ? (-Lazy)
Pretty straight forward.

In the watch industry the broker keeps the watch until it's sold.

This scammer took on many sellers and sold the watches under value for quick cash and or paid the sellers in installments/delayed payments. It was only a matter of time before he went bust.

Offline Kobe Bryant

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #21 on: August 15, 2023, 04:54:36 PM »

Offline Kobe Bryant

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #22 on: August 15, 2023, 04:56:39 PM »
2x Felon. should end up in prison.

Offline Yehudaa

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #23 on: August 15, 2023, 04:57:53 PM »

Online CountValentine

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #24 on: August 15, 2023, 06:23:31 PM »
His website https://thetimepiecegentleman.com
"Our reputation is built on solid work, integrity, and providing a bespoke level of attention to our clients."
Only on DDF does 24/6 mean 24/5/half/half

Offline JMHO

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #25 on: August 15, 2023, 06:33:13 PM »
Updated the title 🙈
Are you implying that there was another watch Ponzi scheme in Lakewood?

Offline Euclid

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #26 on: August 15, 2023, 06:56:51 PM »
Are you implying that there was another watch Ponzi scheme in Lakewood?
The clock on the watch was not set to Lakewood time ;)

Offline Joel

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #27 on: August 16, 2023, 09:43:38 PM »
Mods time to change the subject?


Online herb

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #28 on: August 16, 2023, 10:27:44 PM »

Offline Moshe123

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #29 on: August 16, 2023, 10:47:47 PM »
Mods time to change the subject?



Should set up a table in front of Seared.

Offline coffeebean

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #30 on: August 17, 2023, 11:43:17 AM »
Should set up a table in front of Seared.
No roi at Seared.

Offline torashaman

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Re: Watch Dealer Ponzi Scheme (Not Lakewood This Time)
« Reply #31 on: August 17, 2023, 01:55:55 PM »
Mods time to change the subject?


"a dire need in our community" ;D ;D
Maybe we should start a Tzedaka organization for it.