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The Timepiece Gentleman Story Finally Ends

Davidt
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Scumbag. It’s been like watching a slo-mo replay but as you say, everyone knew how it would end. Even before anything began to surface, it was clear that his lifestyle couldn’t be funded from the legit business he claimed to be running.
 
Tony C.
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Leasing an 11 bedroom, $100k/month apartment in LA?

If that was public information, I can't say that I feel particularly sorry for those who failed to see the writing on the wall, and subsequently lost money.
 
JwRosenthal
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It’s unreal that people operating at that level of wanton excess on ill gotten funds don’t think that it will catch up to them.
Or perhaps a more sad, sobering and terrifying thought is that we are seeing more people who think they have nothing to lose and no future to look forward to, so they don’t care about the repercussions or who it impacts.
 
Om3ga321
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That old saying.
If it's to good to be true
Then it's to good to be true.
 
ErichPryde
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JwRosenthal JwRosenthal
It’s unreal that people operating at that level of wanton excess on ill gotten funds don’t think that it will catch up to them.
Or perhaps a more sad, sobering and terrifying thought is that we are seeing more people who think they have nothing to lose and no future to look forward to, so they don’t care about the repercussions or who it impacts.

I don't know much about this guy's personal life, but most people who feel like they have nothing to lose and no future to look forward to in our society probably are not setting up massive Ponzi schemes over very expensive luxury timepieces. If this guy had a bleak future or something let me know, that's not the story about him that I understood.


My take away from this is that on long time frames people who engage in bad behavior eventually get bad results. Sometimes it takes a while.
 
NGO1
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They were hoping for a reality show deal. So they have to “live-up” to the excitement of a reality show. It’s not a bad plan, just shit execution.

Instead of flaunting the baseless lambo lifestyle, he should have taken his audience into the daily grind, the risks, the rewards of watch flipping. It’s ain’t easy selling a $200k Patek. This would make an interesting series on social media.
 
Pastorbottle
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To sum this thread up......Another bullshit artist bites the dust!
Edited:
 
dsio
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Definitely good to see him being held accountable, there have been a lot of these fly by night used watch dealers that have gone bad in recent years and faced no real consequences so I rather expected him to still skate on it.
 
502 to right
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NGO1 NGO1
Instead of flaunting the baseless lambo lifestyle, he should have taken his audience into the daily grind, the risks, the rewards of watch flipping. It’s ain’t easy selling a $200k Patek. This would make an interesting series on social media.

That's actually how it started. I watched from near the beginning. It was interesting to see how a gray market dealer works. The downfall began when about 6 months later they went "dark" for a week with no explanation. It caused their bank to freeze their accounts and tons of people to lose confidence in their operation. In the end it was a marketing stunt that went terribly wrong. It was at this point I stopped watching altogether and would just follow the reddit pages dedicated to following this clown's antics. And it got way, way worse from there. Where it ended up is no surprise whatsoever.
 
JimInOz
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Wouldn't it be hilarious if Farrer had put a watch on consignment that belonged to, let's say, a "hard core boy".
And Hard Core Boy and Farrer end up in the same division, and Hard Core Boy has internet access.

Irony.
 
Pastorbottle
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Well when this soft prettyboy bloke goes to for an all expenses paid holiday at the bluestone and bars motel, he's gonna end up with a sore arse after the other inmates form a conga-line to dance the chocolate cha cha!
 
ibis888
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The line between “fake it until you make it” and criminal fraud can sometimes be small! See also Elizabeth Holmes/Theranos and to some degree Sam Bankman Fried.

I’m just surprised that people sent six figure watches to this outfit on consignment without any payment…. Especially after seeing him wearing some of the watches around on camera.
 
JwRosenthal
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ibis888 ibis888
The line between “fake it until you make it” and criminal fraud can sometimes be small! See also Elizabeth Holmes/Theranos and to some degree Sam Bankman Fried.

I’m just surprised that people sent six figure watches to this outfit on consignment without any payment…. Especially after seeing him wearing some of the watches around on camera.
When you look at the cast of endorsements and investors for both Holmes and Fried, it’s not surprising we are where we are politically. Seems neither side of the isle are immune from the classic grifter selling their snake oil with promises of health, wealth and prosperity.
 
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