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Old 30 July 2023, 04:17 AM   #1
enjoythemusic
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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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Old 1 August 2023, 03:55 AM   #2
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Numerous reasons though, first one being a 6th DUI, imminent return to prison for it, evading arrest, and blamed pins in his feet for not being able to do resulting sobriety test. No threats though, that's just his cover for not being able to post while in the pen.
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Old 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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Old 1 August 2023, 09:30 AM   #4
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seems like anyone with some sort of intelligence, and integrity should be able to enter the trade and succeed.
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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Old 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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Old 2 August 2023, 05:35 AM   #6
enjoythemusic
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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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Old 2 August 2023, 05:46 AM   #7
michaelmclees
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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.
They are a huge hindrance, for a number of reasons.

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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Old 2 August 2023, 06:26 AM   #8
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They are a huge hindrance, for a number of reasons.

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.
There’s also the optics of making it seem like a hobby for douchebags, which it isn’t!
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Old 3 August 2023, 02:03 AM   #9
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There’s also the optics of making it seem like a hobby for douchebags, which it isn’t!
Hobby for douchebags who are supplied with stolen goods that have been fenced (if not stolen outright) by people who are completely delusional narcissist fraudsters. That's the image.

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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Old 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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Old 3 August 2023, 04:38 AM   #11
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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.

But how many Lamborghini leases does Tiger King have? Fewer than 7?

Case closed.
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Old 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
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Old 3 August 2023, 06:12 AM   #13
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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
After that dumb disappearing act a few years ago, who knows whether this is real or not.
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Old 3 August 2023, 06:23 AM   #14
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After that dumb disappearing act a few years ago, who knows whether this is real or not.
The other large secondary dealers are chiming in and supporting the former employees for speaking up. Nico even left a comment on their video.

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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Old 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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Old 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.
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Old 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

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Old 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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Old 3 August 2023, 07:59 AM   #19
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Old 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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Old 3 August 2023, 08:56 AM   #21
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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.
As mentioned they are not stolen. They were taken in and sold on behalf. The buyer did the deal and paid legitimately for the watch. Deal done all above board
The issue is AF never gave the money to the owner.
That's the issue as I understand it.
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Old 3 August 2023, 09:06 AM   #22
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As mentioned they are not stolen. They were taken in and sold on behalf. The buyer did the deal and paid legitimately for the watch. Deal done all above board
The issue is AF never gave the money to the owner.
That's the issue as I understand it.
Uh, not sure what universe you’re living in because that watch would be considered stolen in the eyes of the consigner.

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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Old 3 August 2023, 09:09 AM   #23
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Uh, not sure what universe you’re living in because that watch would be considered stolen in the eyes of the consigner.
That's irrelevant what the original owner thinks. Legally he handed over to sell. AF sold got paid. Deal done
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


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Old 3 August 2023, 09:12 AM   #24
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Uh, not sure what universe you’re living in because that watch would be considered stolen in the eyes of the consigner.

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?
I assume you are not a lawyer. But an innocent purchaser for value without notice of the competing claim takes title under common law. The consigners have a contract claim (because there will be a contract governing this) against whatever LLC AF set up. They may have a claim against him personally but that will completely depend on the facts (commingled funds, didn’t maintain Corp formalities, etc.).

This is a breach of contract claim not theft (absent a showing of fraud).
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Old 3 August 2023, 01:40 PM   #25
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I assume you are not a lawyer. But an innocent purchaser for value without notice of the competing claim takes title under common law. The consigners have a contract claim (because there will be a contract governing this) against whatever LLC AF set up. They may have a claim against him personally but that will completely depend on the facts (commingled funds, didn’t maintain Corp formalities, etc.).

This is a breach of contract claim not theft (absent a showing of fraud).
If the watch was sold at a price lower than agreed on the consignment agreement, would that not be theft?

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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Old 3 August 2023, 10:58 AM   #26
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The latest video from AF:

https://youtu.be/mKLFcjm83vY

He is toast!
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Old 3 August 2023, 11:33 AM   #27
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The latest video from AF:

https://youtu.be/mKLFcjm83vY

He is toast!
Crazy. It’s worse than expected.

$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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Old 3 August 2023, 11:36 AM   #28
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The latest video from AF:

https://youtu.be/mKLFcjm83vY

He is toast!
just went back to his very first video on that channel and dudes aged 10 years in 3. drugs definitely hitting him hard there. what a complete 180
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Old 3 August 2023, 11:56 AM   #29
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The latest video from AF:

https://youtu.be/mKLFcjm83vY

He is toast!
He still doesn't get it.

Rinse and repeat
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Old 3 August 2023, 01:09 PM   #30
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The latest video from AF:

https://youtu.be/mKLFcjm83vY

He is toast!
The train has officially wrecked. Took longer than I thought. Hoping the victims of his greed and stupidity can somehow get paid.
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