Whistleblower lawsuit involving major Chicago AD

[dnslater]

Allegedly the A.D. was turned in by an employee for selling Rolex and Patek direct to the grey market in a multi-layered scheme involving employee purchasing of the watches to resell back to the AD. Includes money laundering, tax evasion, racketeering, etc... Good stuff. Sales people were berated by management for selling Rolex sport watches to the their customers in lieu of to the gray market via the scheme.

https://atelierdegriff.com/2021/02/14/b ... ey-market/

This stuff is probably the norm at dealers, and these guys just got caught...

[CGSshorty]

Shocking.

[deepcdvr]

Shocking.

Lol

[Panerai7]

So that’s how they get stickers still attached

[JP Chestnut]

David SW’s asshole just puckered a little.

[hoppyjr]

Let’s hope it’s the first of many.

[Panerai7]

David SW’s asshole just puckered a little.

Lol, his are mostly from Europe and Canada:)

[toxicavenger]

David SW’s asshole just puckered a little.

that was totally my thought

[gwells]

one can only hope some grey market sellers (and ADs selling to them) are puckering up. there's no reason rolex should be lining their pockets unintentionally.

[hoppyjr]

Did I miss it or did they not name the AD?

[jtbenson]

cd peacock

[hoppyjr]

cd peacock

I thought that was a person

Thx

[Zidane]

Love it... we all inherently knew this was going on, now hopefully this will come to a head as others realize there's risk involved.

[JP Chestnut]

I went over to TRF expecting to see the place on fire but I saw barely a mention of this. The high volume profiteer sellers have that place on lock. It's a professional sales forum masquerading as an enthusiast forum. It's so blatant now.

[Zidane]

I went over to TRF expecting to see the place on fire but I saw barely a mention of this. The high volume profiteer sellers have that place on lock. It's a professional sales forum masquerading as an enthusiast forum. It's so blatant now.

Noticed that at least one thread had been locked on the topic. Kind of hard to justify this being a taboo topic when there's tons of others discussing pricing, bubbles, why buy "grey", etc...

[jtbenson]

cd peacock

I thought that was a person

Thx

i'm going to claim it as my alter ego

[hoppyjr]

I went over to TRF expecting to see the place on fire but I saw barely a mention of this. The high volume profiteer sellers have that place on lock. It's a professional sales forum masquerading as an enthusiast forum. It's so blatant now.

It’s all the greys who keep it afloat.

[hoppyjr]

cd peacock

I thought that was a person

Thx

i'm going to claim it as my alter ego

You should get a vanity plate for the Defender.... “Peacock 1”

If that is too many characters just go with “P-COCK”

[JP Chestnut]

I went over to TRF expecting to see the place on fire but I saw barely a mention of this. The high volume profiteer sellers have that place on lock. It's a professional sales forum masquerading as an enthusiast forum. It's so blatant now.

It’s all the greys who keep it afloat.

For sure. The mods/owner are definitely whoring out to the forum dealers. The crazy thing is that the forum peeps are too stupid to see it.

[matt.wu]

They monetize the forum on the back of “pledge membership”, so they definitely have incentive to keep the Rolex market booming.

[JP Chestnut]

They monetize the forum on the back of “pledge membership”, so they definitely have incentive to keep the Rolex market booming.

Thanks for not running this place like TRF.

[gwells]

They monetize the forum on the back of “pledge membership”, so they definitely have incentive to keep the Rolex market booming.

Thanks for not running this place like TRF.

^^ this ^^

[BacoNoir]

It's a mess of Rolex's own making. They limited supply, drove up demand, which changed the grey market from discounters to profiteers. With all the demands they make of their ADs to spend 100's of thousands of $$ to remodel and then give them limited supply of watches to sell to the public, the grey market makes more sense.

[JP Chestnut]

It's a mess of Rolex's own making. They limited supply, drove up demand, which changed the grey market from discounters to profiteers. With all the demands they make of their ADs to spend 100's of thousands of $$ to remodel and then give them limited supply of watches to sell to the public, the grey market makes more sense.

I haven’t seen anything about rolex cutting production outside of covid disruptions.

[streetracer101]

David SW’s asshole just puckered a little.

My first thought as well.