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Thread: West London dealer arrested for selling stolen watches

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  1. #1
    Master
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    West London dealer arrested for selling stolen watches

    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/

  2. #2
    Master ordo's Avatar
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    Good!

  3. #3
    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"
    Last edited by henryviii; 4th July 2017 at 10:55.

  4. #4
    Master
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    Anyone heard of this dealer before today?


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  5. #5
    Master
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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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  6. #6
    Craftsman
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    Quote Originally Posted by Gunscrossed View Post
    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?

  7. #7
    Master
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    Quote Originally Posted by ajpac View Post
    As they appear to have assisted the police with their enquiries presumable no legal action is being taken for trading stolen property?
    I was thinking more along the lines of who they've sold the watches on to?

  8. #8
    Master
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    Quote Originally Posted by Gunscrossed View Post
    I wonder who the specialist dealers were he sold them to and where they've all ended up?


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    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.

  9. #9
    how comes the traders who have purchased aint getting charged for handling stolen goods

  10. #10
    Quote Originally Posted by taz11 View Post
    how comes the traders who have purchased aint getting charged for handling stolen goods
    Because they paid a reasonable price and bought in good faith believing he had title to the goods they bought ?

  11. #11
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    Quote Originally Posted by MB2 View Post
    Because they paid a reasonable price and bought in good faith believing he had title to the goods they bought ?

    So some guy sells you a million pounds worth of Rolexs and you don't wonder where they came from?

  12. #12
    Master
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    Quote Originally Posted by IanBear View Post
    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.
    My thoughts exactly!

  13. #13
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    Quote Originally Posted by IanBear View Post
    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.
    Such as?

  14. #14
    Master
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    Quote Originally Posted by Montello View Post
    Such as?
    Probably wise not to speculate on an open forum.

  15. #15
    Master
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    Quote Originally Posted by Gunscrossed View Post
    Probably wise not to speculate on an open forum.
    You think a high st chain, potentially?!

    Sent from my A0001 using Tapatalk

  16. #16
    Quote Originally Posted by Gunscrossed View Post
    I wonder who the specialist dealers were he sold them to and where they've all ended up?


    Sent from my iPhone using TZ-UK mobile app
    And how many more were stolen property but not reported/didn't appear on a register ?

  17. #17
    Grand Master snowman's Avatar
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    M

  18. #18
    Master steptoe's Avatar
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    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.

  19. #19
    Master Skier's Avatar
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    Quote Originally Posted by steptoe View Post
    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.
    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.

  20. #20
    Master
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    Quote Originally Posted by snowman View Post


    M
    Lol

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  21. #21
    Master
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    So you buy off a'specialist watch dealer'. Later you find the watch was stolen......what's the situation?

  22. #22
    Master
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    You'll lose your watch but you'll have legal recourse against the seller. Watch must be returned to rightful owner or insurance company.

    Sent from my A0001 using Tapatalk

  23. #23
    Master
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    Quote Originally Posted by stefmcd View Post
    You'll lose your watch but you'll have legal recourse against the seller. Watch must be returned to rightful owner or insurance company.

    Sent from my A0001 using Tapatalk
    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.

  24. #24
    Master
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    Quote Originally Posted by paskinner View Post
    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.

    I think that sums it up - the buyer will not have title to the watch

  25. #25
    Craftsman
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    Well done!!!!


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  26. #26
    Grand Master Neil.C's Avatar
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    Good show!
    Cheers,
    Neil.

  27. #27
    Master
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    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.

  28. #28
    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:

    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.
    http://www.thewatchregister.com

    R
    Ignorance breeds Fear. Fear breeds Hatred. Hatred breeds Ignorance. Break the chain.

  29. #29
    Craftsman
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    I wonder if the Dealers in question have given details of customers they sold the watches too

  30. #30
    Craftsman
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    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 .

  31. #31
    Master
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    https://www.jewelleryfocus.co.uk/196...er-watches/amp

    Includes photo which may be useful for face to face meetings.

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