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7 May 2018, 04:57 AM | #1 |
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Glad to hear there is progress. So are we to assume the watch was never shipped? The AWOL situation is secondary. I'd make sure this was resolved sooner than later and get the agreement notarized.
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7 May 2018, 08:01 AM | #2 |
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Wow! I was not very optimistic about you getting your money back. I hope he follows through with payment plan.
That being said I would only buy a watch face to face or by using a credit card which gives you some recourse. Just not worth the risk in my opinion. Best of luck! |
7 May 2018, 08:55 AM | #3 |
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To OP, so glad to hear that you are on the path of restitution, but in the future (for our sake and for yours, lol), and I *know* you know this, but please stick with Rolex ADs or the most elite of the trusted sellers here.
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7 May 2018, 09:08 AM | #4 | |
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HELP! $35K nightmare w/ MB23 aka Michael Russo Rolex dealer
Quote:
OP said that he did 5 deals with MB23 over the course of the last few years. He had every reason to trust him just as much if not more than any other “trusted seller”. It’s not like he was being careless. |
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7 May 2018, 11:45 AM | #5 |
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Yes, this was not a fly-by-night shady backstreet vendor. He's been selling HIGH end prestige brands for at least 6 years and has(d) a registered office in the watch and jewelry district in NYC. There was no way the buyer could have known the deal would go sour. The fact he hadn't listed a watch since last summer was a bit of a red flag but after several successful transactions he would not have thought to check or be suspicious.
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7 May 2018, 03:53 PM | #6 |
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Impo......your right to privacy is reduced when you abscond with someone's money. Don't be fooled. The seller was fine kicking the can down the road for 5 months. Only when made public did he connect with the OP and attempt to make it right.
Outside of a coma.....there are not many excuses that prevent someone from contacting you in this day and age. For 5 months.....the OP was a prince and totally patient. More than most would have done. Hopefully it works out. This is a good lesson to be learned. |
7 May 2018, 06:20 PM | #7 |
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Looking st the guy’s IG account you’d think he’d be able to hand back the $35k just like that! So, he’s either taking the mickey out of you or he’s a total fraud with his ‘lifestyle’
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7 May 2018, 09:44 PM | #8 |
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Am I missing something? @ OP: This is not a win in my mind -- you're still out $30,000 and no watch. You can soften the words however you want but you were scammed.
What if you only paid $5,000 out of the $35,000 total cost of the watch? Would the seller think that is fair? You had to pay everything in a lump sum...why is the money coming back in waves? I don't see this anywhere near resolved.... |
7 May 2018, 10:11 PM | #9 | |
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Real Name: Ed
Location: Arizona
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Quote:
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7 May 2018, 10:43 PM | #10 |
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Viewed in retrospect, the OP’s decision is perhaps the best path towards full restitution. Taking stronger measures could thwart full payment.
Better to start with the path of least resistance and greater chance of successful repayment. Sent from my iPhone using Tapatalk Pro
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Does anyone really know what time it is? |
7 May 2018, 10:56 PM | #11 |
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Real Name: Ed
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Yea, 5K out of 35K isn't even a moral victory yet, but better than nothing. If he's willing to pay 5K, he's admitting responsibility, so why not just pay it all at once. I agree that the squeekiest wheel gets the grease. Sounds like something else is going on here. I knew someone once with a drug, and gambling problem, and that is exactly how they behaved. Textbook. Please keep us posted, and thanks to the awesome folks on this site for growing legs on this.
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7 May 2018, 11:56 PM | #12 |
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OP seems like a very nice and genuine person (with a tremendous amount of patience :)) While I'm not offering advice on how this should be handled, I'm glad progress is made towards the resolution of the issue. Make sure you do all needed to get all your money back!
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8 May 2018, 02:36 AM | #13 |
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I would go the legal path to set up the payment terms still despite him reaching out after he was exposed
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8 May 2018, 12:15 PM | #14 |
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8 May 2018, 02:53 AM | #15 |
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the resolution leaves a lot to be desired. if i was going to take a sizable promissory note, i would meet him in person and have him hand over to me something of relatively equal value as collateral until i was paid in full. he must have something to offer up in the way of collateral. maybe even another watch :)
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8 May 2018, 03:48 AM | #16 | |
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Quote:
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8 May 2018, 03:55 AM | #17 |
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Just write it into the legally binding contract. At this point there is no way I'd be agreeing to an informal arrangement. Not with $30K from a character with this track record.
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8 May 2018, 11:09 PM | #18 | |
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Quote:
The collateral watch(s) should be in excess of the $30,000. I would say a 50% discount of said collateral so I would want $60,000 worth of collateral/watches... I wouldn't even lend $30,000 to a family member without some sort of "promise to pay" and collateral.... |
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8 May 2018, 11:17 PM | #19 | |
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Real Name: Brandon
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Quote:
Like the PP he just posted. Seller needs to have some motivation to repay the OP quickly. I find it extremely ridiculous that a guy posting pictures of a $700,000 house and a $250,000 car cannot pay back the $35,000 he took from someone immediately but I guess the bank won’t loan him the money?? Sent from my iPhone using Tapatalk Pro |
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8 May 2018, 03:56 AM | #20 |
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Strongly advise to retain a lawyer and have them handle this properly. It costs a few grand but piece of mind. Lesson learned.
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8 May 2018, 04:04 AM | #21 |
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He just got a nice Patek 5712R-001... posted 7 hours ago in IG. Seems to me like he could have paid you ALL of your $35k instead. If he was really a good guy he would offer you that Patek as payment in full plus the interest of stealing your money for 6 months.
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8 May 2018, 04:05 AM | #22 | |
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Quote:
Wow! What is his IG handle? I wanna see for myself.
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8 May 2018, 04:18 AM | #23 |
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8 May 2018, 04:22 AM | #24 |
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I don't know how to tell if this is indeed the same person, but if so, WOW this guy has no shame!
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8 May 2018, 04:25 AM | #25 | |
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Quote:
Definitely the same guy. https://instagram.com/p/Bce7tuBAr8Q/ That is the link to the SkyD in question. Sent from my iPhone using Tapatalk |
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8 May 2018, 04:42 AM | #26 | |
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Quote:
What a surprise.... |
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8 May 2018, 04:50 AM | #27 |
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Yikes! This isn't adding up at all. I read your update as he was experiencing hardship?? Looks like he is living the highlife. 35K should be a drop in the bucket and easy to pay back IMO. Good luck OP.
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8 May 2018, 05:00 AM | #28 |
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Looks like your $35k went to that kitchen renovation before he sold his house a month ago.
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8 May 2018, 05:05 AM | #29 |
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After this thread, I think his days as a seller on this forum at the very least are over.
Who on earth would do business with this guy? |
8 May 2018, 05:07 AM | #30 |
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