Yeah, sell your stolen watches in the same city, that won't get you caught :-) Another piece of scum off the streets...
http://www.watchpro.com/west-london-...rth-1-million/
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Yeah, sell your stolen watches in the same city, that won't get you caught :-) Another piece of scum off the streets...
http://www.watchpro.com/west-london-...rth-1-million/
Good!
18 months...not enough!
I guess a lot people see buying stolen goods as a victimless crime "Well, I didn't steal it so it's not my problem", alhtough that implies that they know or suspect it is stolen.
I see a lot of this in the bike world. Yes, it is not the same amount of cash but the concept is the same, I suspect many people probably aren't as diligent as us here are on the provenance when buying something that expensive.
It's been said many times before - "buy the seller"
Anyone heard of this dealer before today?
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I wonder who the specialist dealers were he sold them to and where they've all ended up?
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As they appear to have assisted the police with their enquiries presumable no legal action is being taken for trading stolen property?Quote:
Originally Posted by Gunscrossed
With the sheer value of sales to single dealers (over £1m to one dealer), you would have to imagine it would be fairly big players rather than Hatton Garden/ Burlington Arcade traders.Quote:
Originally Posted by Gunscrossed
how comes the traders who have purchased aint getting charged for handling stolen goods
The "Independent" dealers mentioned in the article were, shall we say, "a bit lax" in checking the provenance of so many watches being offered to them by a single person.
Lol[emoji23]Quote:
Originally Posted by snowman
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So you buy off a'specialist watch dealer'. Later you find the watch was stolen......what's the situation?
You'll lose your watch but you'll have legal recourse against the seller. Watch must be returned to rightful owner or insurance company.
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This was my thought having read the article. Without knowing the detail it's hard to understand how so many 'new' watches were being bought, presumably without box and papers, and didn't attract great suspicion.Quote:
Originally Posted by steptoe
Thanks, so on that basis, some TZ people could have innocently bought one of these? And they might not know until service time.....if then.Quote:
Originally Posted by stefmcd
Quote:
Originally Posted by paskinner
I think that sums it up - the buyer will not have title to the watch
Well done!!!!
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Good show! :eagerness:
Well that is a lot of stolen watches sold into pre-ownded specialists I wonder who he's been selling to?
Given the quantities they must have had suspicions?
I wonder if my Rolex is hooky? It's been back to Rolex in my ownership so I assume not as I assume they check the register of every watch they service.
How many of us were aware of the Art Loss Register?
I certainly don't recall any discussions about it here, nor about The Watch Register which provides what looks like a very useful service:
http://www.thewatchregister.comQuote:
Buy with confidence by checking the serial number of any second-hand watch with the Watch Register or asking if your seller has already done so. It is the simplest step to ensuring good title. Alternatively, if you have suffered the theft of a watch, registering it on the Watch Register offers you the best chance of finding it in the future.
R
I was thinking more along the lines of who they've sold the watches on to?Quote:
Originally Posted by ajpac
My thoughts exactly!Quote:
Originally Posted by IanBear
Such as?Quote:
Originally Posted by IanBear
Probably wise not to speculate on an open forum.Quote:
Originally Posted by Montello
You think a high st chain, potentially?!Quote:
Originally Posted by Gunscrossed
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That specialises in pre-owned Rolex! I've often wondered when you see fairly new Rolex with no box or papers, how do you loose the box?Quote:
Originally Posted by stefmcd
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I wonder if the Dealers in question have given details of customers they sold the watches too
And how many more were stolen property but not reported/didn't appear on a register ?Quote:
Originally Posted by Gunscrossed
Because they paid a reasonable price and bought in good faith believing he had title to the goods they bought ?Quote:
Originally Posted by taz11
Quote:
Originally Posted by MB2
So some guy sells you a million pounds worth of Rolexs and you don't wonder where they came from?
Never heard of this chap, but as for the others involved we'd really need to know more before condemning.
It is true, regardless, that the trade has too many who don't want to know or ask.
Would be interested to learn who was involved, I must admit.
H
Do you think it will come out or will the trade close ranks?Quote:
Originally Posted by Haywood_Milton
People that aren't into watches see the box as clutter/ rubbish. A few years back my dad was going to throw the box from his new Daytona out, fortunately he asked me if I wanted it first as it "seemed to nice to bin."Quote:
Originally Posted by Gunscrossed
Typical loose poorly written journalism . In the beginning it states he was the only Director of quality Marque watches then at the bottom states he wasn`t registered as a company . Maybe they mean VAT but still an 18 Month sentence for knowingly dealing /fencing stolen property is pathetic . he`ll be out in 5 months probably . A real mess for the dealers who didnt check out the goods thoroughly enough .
It will probably come out in the trade but not sure if it will then be repeatable in open forum. Not heard the slightest whisper of it yet, anyway.Quote:
Originally Posted by Montello
H
I came across this guy, last year when I was selling a watch on eBay. I hadn't realised that he had previously been mentioned on the forum although I did check him out before declining to sell him a Seiko. There's a thread in the Bear Pit which shows just what an thoroughly unpleasant and deranged individual he is. Please be careful out there, as he's returned to buying and selling watches, on eBay and possibly elsewhere too.
His name is Nadeem Malick.
That doesn't sound good.Quote:
Originally Posted by dkpw
Any new visitors to this thread may like to read this article about the crook, where both Watchfinder and BQW are named with some startling figures :
https://www.policeprofessional.com/n...k-for-support/
"Since 2014, Malick had sold these two companies 535 watches totalling £1.2 million."
I still wonder what they did about watches sourced from Malick that they had already sold.......
I wonder how much money he cleared in that time, presumably tax free.Quote:
Originally Posted by Haywood_Milton
Quote:
Originally Posted by dkpw
Could you share his ebay ID with us, please.
His now-dissolved company 'Quality Marque Watches Ltd' is still listed on Companies House FWIW, under his full name of Nadeem Tayyab Malick, but he's obviously under-the-radar now!
When I had the misfortune to encounter him his account was called sphinx-audio. I know he has since changed the name. His interests are watches and hi-fi components.Quote:
Originally Posted by earlofsodbury
Quote:
Originally Posted by dkpw
Thanks. One to look-out for.
One to avoid!Quote:
Originally Posted by earlofsodbury
I've just checked and that account is no longer referenceable. I've also gone back through my emails with eBay and unfortunately I can't shed any more light on him. If I remember rightly his address was in North London, which I know covers a wide area.
There's a residential address (from 2018) linked to him on the Companies House database.
https://find-and-update.company-info...k/appointments
Let me reassure you that he isn't. He really isn't.Quote:
Originally Posted by earlofsodbury
:thumbsup:
I'm 95% certain that's different to the one I had from eBay, which I can no longer access, as they seem to have wiped all reference to him from my account. For which I'm very grateful.Quote:
Originally Posted by jwg663
Quote:
Originally Posted by Haywood_Milton
Well that's heartening to read! :welcoming:
Yes indeed - thank you Haywood!Quote:
Originally Posted by earlofsodbury
https://www.jewelleryfocus.co.uk/196...er-watches/amp
Includes photo which may be useful for face to face meetings.