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30 July 2023, 04:17 AM | #1 |
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Future income.... hurry as first come first served. We've already seen excuse after excuse quite a few times. Oh woe is me, the drama, not my fault.... Ok, you got me, it is my fault but...
Why wait? See what the judge says, they've surely seen this many, many times and can help with a proper solution. There's nothing special or out of the ordinary, so yes a judge has probably seen this many times and there's a solution.
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
1 August 2023, 03:55 AM | #2 |
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1 August 2023, 09:18 AM | #3 |
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seems to make the trusted sellers look like a solid option. buy your seller!
honestly its tragic, sad to see anyone with addiction issues self destruct. but flabbergasted at how many re-starts he has had. seems like anyone with some sort of intelligence, and integrity should be able to enter the trade and succeed.
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116710 BLNR, M79030N BB58, 126600 SD43. First GTG El Paso Nov 2016, WISCON 2019. Would rather be on the river, somewhere. |
1 August 2023, 09:30 AM | #4 |
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If you should tell Anthony that he'd reply that such a lifestyle is below him as it will not allow him to lease 6 Lamborghinis and eat at Del Frisco every night. The guy isn't an addition tragedy story - he's an extreme narcissist and cautionary tale against delusions of grandeur.
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2 August 2023, 02:11 AM | #5 |
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The person I feel the worst for in this whole affair is his kid.
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2 August 2023, 05:35 AM | #6 |
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Is this person a benefit or hindrance to the timepiece community? Afterall, TRF is a Jury Of His Peers. Judging from his history, the answer is fairly obvious imho. If you were legally wronged, filing legal complaints ASAP is the smart move given his trajectory. We really should let the judge(s) decide.
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
2 August 2023, 05:46 AM | #7 | |
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Quote:
First, when you're looking for a nice watch to buy, the last thing you want your purchase to be associated with is a character like this. The drama is as absurd as it is cringe, and just when you think it cannot get any worse, it gets way, way worse. Second, the common complaint about highly desirable watches, especially Rolexes, is that you cannot get them at MSRP at dealers due to scalpers. (I don't find this argument valid because it is economically illiterate.) HOWEVER - If the watch flipper is, in reality, operating a Ponzi scheme, which is what is being alleged by so many of his hatewatchers, that puts artificial upward pressure on demand which is the primary driver of the secondary market. High price on secondary market will dry up the AD market and all of a sudden people have bad thoughts about Rolex proper. This character is a huge liability on the watch market, and watch collecting as a thing to do - regardless of the veracity of the informal online claims. |
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2 August 2023, 06:26 AM | #8 | |
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3 August 2023, 02:03 AM | #9 | |
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It's terrible. https://www.youtube.com/watch?v=QGqjjYW2d_E And it appears that he is admitting it all under the theory that he can repay back 5 million in losses a grand or two at a time. How is he going to do this? More watch sales, of course. I'll bet Coach does serious time - finally. And there will be a Netflix series like Tiger King. |
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3 August 2023, 04:23 AM | #10 |
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Maybe that's the point, sell his 'story' for a few bucks to Producer. So now it's time for this made-for-cable-TV documentary to focus on creating a happy ending.
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
3 August 2023, 04:38 AM | #11 |
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3 August 2023, 05:50 AM | #12 |
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TPG’s former employees just released a video confirming Anthony has an outstanding balance to consigners of $3-3.5 million. NDAs were attempted to help silence the truth from coming out.
He mentioned the actual number could be higher. The leaked rumors and calls from a few days ago were indeed true. Consigned watches were sold but the money never reached the consigners. https://youtu.be/U6lJIXWGg2c |
3 August 2023, 06:12 AM | #13 | |
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3 August 2023, 06:23 AM | #14 | |
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Very unlikely to be a stunt given the leaked phone call Anthony had with a consigner. It’s rumored to be 44 consigners who are unpaid which includes other watch dealers in addition to individuals. In the leaked phone calls on TikTok and posted on Reddit, Anthony told one consigner he would like a payment plan of 6 months and would pay interest also. https://www.tiktok.com/@kncklhd7850/...24272361426219 https://www.reddit.com/r/TheTpGentle...t=1&utm_term=1 |
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3 August 2023, 06:07 AM | #15 |
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This is getting better by the day!
They must be tearing AF up even more on Reddit.
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3 August 2023, 06:40 AM | #16 |
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I suspect it's real. It's all real. No proof, but this all looks, and has looked for some time, like Coach has been taking on 100 consignments, selling 20 of them, notifying none of the owners, and living on the proceeds.
When one of the 20 calls asking for an update? "No action yet, boss. Be patient." When one of the 20 calls saying they want their watch back? "Oh.... you were on my list of people to call!!! It sold last night and I'll have the money to you soon...." Then he sells a few to pay off the guy who now knows his watch is gone. If it's not a Ponzi - it looks 100% like a Ponzi. He's going to go to prison - for several years, I suspect. |
3 August 2023, 07:05 AM | #17 |
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I honestly cannot believe someone gave them watches on consignment!
Watched a couple 0f videos before the s.... hit the fan, and thought, these guys have absolutely ZERO business knowledge and they will fall hard with all that spending Sent from my SM-A415F using Tapatalk |
3 August 2023, 07:38 AM | #18 |
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I dunno all it tells me is you don’t have to be smart to own an expensive watch.
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Permanent social programs that finance and enable poor life choices usually keep the “intentions matter more than results” crowd in control. Never argue with a fool, as eventually it will be difficult to tell the difference. |
3 August 2023, 07:59 AM | #19 |
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__________________
__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
3 August 2023, 08:36 AM | #20 |
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I don’t think some people realize the repercussions here. You now have hundreds of watches out there that people consigned with him that were essentially stolen and then sold to other unsuspecting people. Tons of stolen watches out there in other peoples hands. This is going to be an absolute mess. This guy needs to be in prison.
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3 August 2023, 08:56 AM | #21 | |
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The issue is AF never gave the money to the owner. That's the issue as I understand it. |
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3 August 2023, 09:06 AM | #22 | |
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If you had consigned your watch to a dealer and it was sold and you weren’t paid, what would you consider that then? A gift? |
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3 August 2023, 09:09 AM | #23 | |
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The issue is AF never paid the original owner. That's the stolen here Hope that clarifies your misunderstanding of the legalities of what's happening Sent from my moto g power (2021) using Tapatalk |
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3 August 2023, 09:12 AM | #24 | |
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This is a breach of contract claim not theft (absent a showing of fraud). |
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3 August 2023, 01:40 PM | #25 | |
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A jeweler receiving stolen property even innocently is still receiving stolen property. Pretty sure that doesn't entitle them to free and clear ownership. It certainly doesn't in the pawn business where the items are seized by law enforcement. Now items sold months or years ago would likely be impossible to track, but it looks like he's been doing this as recently as the last few days. There may/should be some recourse for recent victims beyond waiting on his wages from stamping license plates to build up. |
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3 August 2023, 10:58 AM | #26 |
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3 August 2023, 11:33 AM | #27 | |
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$3mm to two investors and another $2mm to regular clients. He openly admitted to using the investors’ money to fund his lifestyle and said the robbery was a cove up. The reddit crowd was right all along despite their criticism. |
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3 August 2023, 11:36 AM | #28 | |
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3 August 2023, 11:56 AM | #29 | |
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Rinse and repeat
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Permanent social programs that finance and enable poor life choices usually keep the “intentions matter more than results” crowd in control. Never argue with a fool, as eventually it will be difficult to tell the difference. |
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3 August 2023, 01:09 PM | #30 | |
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