Dr No[Moderator Omega - Wristscan]
34918
A cautionary tale about Collectors Market . . .
Aug 22, 2018,14:57 PM
. . . and scammers.
It has come to my attention that a member of our community has likely been conned. The seller was able to convincingly demonstrate possession of the watch, yet has not delivered to nor communicated with the buyer for over a week.
Please exert caution with purchases from sellers with low post counts, who insist on wire transfers, and provide references that turn out not to be recognized members of our community.
Art
Comments:
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A cautionary tale about Collectors Market . . .
By: Dr No : August 22nd, 2018-14:57
. . . and scammers. It has come to my attention that a member of our community has likely been conned. The seller was able to convincingly demonstrate possession of the watch, yet has not delivered to nor communicated with the buyer for over a week. Pleas...
Point taken
By: gcTIME : August 29th, 2018-17:35
But PayPal in many cases really do not work well for sellers esp on international transactions. I, for one, do not accept PayPal payment due to extremely poor experience with them. At the end of the day I think type of payment accepted or refused does not...
Yes . . .
By: Dr No : August 22nd, 2018-15:53
. . . and often, we're able to ferret them out before they can do harm. But, unfortunately, not always. Art
Regarding
By: tactictac : August 22nd, 2018-15:53
wich watch ?
Unsure if it was listed repeatedly . . .
By: Dr No : August 22nd, 2018-17:28
. . . but the seller had zero presence on the discussion forums, couldn't provide a community reference, and insisted on a wire transfer. Art
Enron was a corporation, with several ne'er-do-wells at the helm . . .
By: Dr No : August 30th, 2018-00:19
. . . if memory serves correct. Ken Lay wouldn't have been able to pull off the subterfuge on his own . . . he had many minions. To the best of my knowledge, Bernie is in a class by himself, at least in recent times. Krueger might be the all-time schnook ...
I really miss the old reference system here on the board.
By: ChristianDK : August 22nd, 2018-18:12
Dear Art We used to have a very good reference system here. One would be able to see who served as a reference for other members, when we clicked on “show profile”. That has somehow disappeared - I really wish that it could come back. This way, if you had...
Thank you so much, Art :-)
By: ChristianDK : August 22nd, 2018-18:24
So glad to hear you’re well. Mostly well here also, apart from “a few stones in the shoes”.
That's precisely why I'm so distressed, Fab . . .
By: Dr No : August 22nd, 2018-18:43
. . . usually, these lowlifes can be sorted out with photo requests. Not this time . . . he passed muster with multiple images both publicly here and privately with the buyer. To all: if the seller's not recognizable from the discussion forums, insist on ...
And if the buyer agreed to absorb all the fees? . . .
By: Dr No : August 22nd, 2018-21:04
. . . frankly, it's the buyer in a transaction that's assuming the lion's share of risk. I understand there's potential for a finicky buyer to leverage Paypal to his advantage over a contentious deal. But is the risk accepted by buyers forgoing the protec...
I’m against PayPal if buyer also not trusted
By: Mohannad (aka Riddler) : August 23rd, 2018-00:58
But if buyer also has good rep then it’s ok I think now the best practice is what Chrono24 is doing with secure checkout I think we should do the same here where the transaction goes through Puristspro and held until both parties have no complaints Same a...
Paypal
By: gcTIME : August 29th, 2018-17:44
I am speaking from personal experience on multiple instances as a reputable seller that PayPal is problematic. When you say the risk shared by buyers is a lot significant than that by the seller, it would appear that you may have overlooked instances wher...
Perhaps, but are the incidences of unsavory buyers comparable . . .
By: Dr No : August 30th, 2018-00:28
. . . to those of fraudulent sellers? I rather doubt it. Frankly, if I were buying from someone I didn't know personally, or who wasn't vouched for by someone I knew, Paypal would be the only method of payment I'd consider. Cordially, Art
Scary ...
By: destrodan : August 22nd, 2018-19:33
... to say the least. Kind regards, Dan
Oh No!
By: patrick_y : August 22nd, 2018-21:04
One can never be too cautious!
More than ever the golden rule is key : buy the seller !
By: Mike H : August 23rd, 2018-00:53
Of course we are all tempted to buy at the best price but even more important is to get the right piece at the agreed condition. No one including myself of course can say he never made a mistake but for buying a watch, there are indeed few golden rules th...
Sorry one slipped through...
By: SALMANPK : August 23rd, 2018-05:51
Generally the Purists is one of the safest places to trade watches thanks to the hard work and vigilance of our steadfast Moderators. S
Another angle for verification
By: cazalea : August 23rd, 2018-07:08
You can ask for an address linked to the seller then look it up on Google and also Google maps and use your own judgement to see (1) if he has connection to the address, and (2) if the address looks like the kind of place where the seller of a high-end wa...
Considering the risks involved, monitoring CM . . .
By: Dr No : August 23rd, 2018-09:50
. . . should be a full-time job for someone. I'm just a part-time volunteer, Salman. I've uncovered scores of scammers, but my efforts aren't nearly enough to catch them all. Art
If you see a poster on CM you suspect . . .
By: Dr No : August 23rd, 2018-16:35
. . . please let me know. And that goes for every established member of our community - your eyes and ears can be invaluable. Gratefully, Art
I posted my Dato last year and....
By: Langeholic : August 24th, 2018-01:32
Was contacted by an Italian “investment advisor” based in Milan. He wanted me to travel to Milan to deliver the watch and conclude the deal in a cash transaction. The issue for his “client” was that he can’t travel with that sort of cash, when I suggested...
For one moment I thought Madoff in the house!
By: iceheller 1945 ✌️ : August 24th, 2018-05:49
Mann for one moment, I though Madoff is out and building his pyramid again in this forum! In age of internet or IOT, beware. In fact, be safe or be saved.