Cortina Watch Theft Saga

[116520]

Ask me not to buy PP, AP, Rolex, and Cartiers, that means ask me not to buy any watches.....


Maybe because of this incident, PAM's sales shoot up!

I think those dealers with more than a few pieces of BNIB PP or Rolex at good prices might be checked by the police to see if some of his pieces have already filtered into the market.

I will not want to buy BNIB PP, AP, Rolexes and Cartiers now in case get any loot pieces and end up surrendering them and not getting back my money.

[Democritus]

Ask me not to buy PP, AP, Rolex, and Cartiers, that means ask me not to buy any watches.....


Maybe because of this incident, PAM's sales shoot up!

Can still buy but from AD safer. Fom grey market very risky now until the serial numbers are out.

[116520]

I think everyone has to send to RSC before paying loh...

Not to check real or not, must check clean or not....

Can still buy but from AD safer. Fom grey market very risky now until the serial numbers are out.

[dominique_kwok]

Is it really true that Cortina took an ad out in Straits Times denouncing him? I didn't come across such ad at all. I feel for his kids...

[116520]

It is a common practise in this industry. The ad doesn't that this guy is a bad staff but the ad serves as a notice to others that he has no relation with the company. I believe besides the ad, Cortina would have sent out letters to its customers, suppliers, etc about this.... no hurt feelings...

Is it really true that Cortina took an ad out in Straits Times denouncing him? I didn't come across such ad at all. I feel for his kids...

[psee]

Can still buy but from AD safer. Fom grey market very risky now until the serial numbers are out.

Agree

[seiko.citizen]

Is it really true that Cortina took an ad out in Straits Times denouncing him? I didn't come across such ad at all. I feel for his kids...

nothing to feel. the company will not mention any particular reasons. it is done purely to advise customers that personal has changed and the person involved is no longer representing the company. this is done in all industry, not only luxury items.

It is a common practise in this industry. The ad doesn't that this guy is a bad staff but the ad serves as a notice to others that he has no relation with the company. I believe besides the ad, Cortina would have sent out letters to its customers, suppliers, etc about this.... no hurt feelings...

agreed. cortina may send to supplier but no customers. the newspaper ads itself acts as a customer notice.

[wolfeyes1974]

Cortina's sales revenue for 1/2 year is around $5-7 mil...if the watches are not recovered...then next half year they actually "work for free"...

wonder if insurance may cover cos this is an insider job...insurance only cover theft from external parties so i heard..not sure lah...

[seiko.citizen]

insurance will nego final payout *imo* some "blame" will be placed in the cortina's hands. of course this is my A$0.02 and i have no experience in insurance industry.

[116520]

#1. Insider job, insurance don't cover. It's company's fault for not having "reasonable" prevention measures in place.

#2. yes, you're right. The next half year they actually "work for free" but the company and shareholders should not "work for free", THE DIRECTORS SHOULD WORK FOR FREE as it is clearly their fault for having this kind of things happen in their company. Also, look at their annual report, the combined pay for all the directors and management is around $7M++ for last year!

Cortina's sales revenue for 1/2 year is around $5-7 mil...if the watches are not recovered...then next half year they actually "work for free"...

wonder if insurance may cover cos this is an insider job...insurance only cover theft from external parties so i heard..not sure lah...

[Darkangel]

Any 1 got Jerry's contact? Needa buy a few PPs from him

[seiko.citizen]

you dare to buy meh? maybe you organise him go to Oz and deal then i can also share in the spoils

[Darkangel]

Why not? Just dun bring to service centre can liaos

[Andrew Tay]

Any 1 got Jerry's contact? Needa buy a few PPs from him

u really want? i got his card leh. but i dun dare to call and i dun think the number is valid now.

[seiko.citizen]

there you go!! . lobang right in front of you