Will I FINALLY get a STOLEN ROLEX Back? PLUS Watch Bank Scam Alert, British Banking in RUINS

  Рет қаралды 20,325

Paul Thorpe

Paul Thorpe

Күн бұрын

Пікірлер: 229
@hammalamiri12
@hammalamiri12 4 жыл бұрын
Even with 5 million emails to Rolex, they will not listen as they will still continue to sell almost every watch they produce
@mikehatfield3561
@mikehatfield3561 4 жыл бұрын
Enough people ending up with stolen watches seems like it would start effecting confidence and value of used watches and by extension the new ones as well. It would be in their best interest to protect the consumers confidence in the resale values
@sergeantcrow
@sergeantcrow 3 жыл бұрын
14:12 mins... Yes ! That's exactly what you would have to do... What if the seller does all that, shouts fraudulent payment, withdraws the returned cash and closes their account ?
@zak8623
@zak8623 4 жыл бұрын
Maybe create an email template that everyone can send rolex to campaign to get it reinstated
@PaulThorpeOfficial
@PaulThorpeOfficial 4 жыл бұрын
Like that idea...
@zak8623
@zak8623 4 жыл бұрын
Paul Thorpe Watch Dealer thanks i think if they all have the same heading rolex are more likely to take notice of a group all sending exactly the same
@clegsmegson2627
@clegsmegson2627 4 жыл бұрын
Paul, will you ever make an onlyfans account? Would pay good money to watch you. All the best, Cleg Smegson
@mattstevens1820
@mattstevens1820 4 жыл бұрын
Guy in the Netherlands shot dead last week trying to defend his pals rolex. Sad times.
@PaulThorpeOfficial
@PaulThorpeOfficial 4 жыл бұрын
That's shocking and so sad.
@mattstevens1820
@mattstevens1820 4 жыл бұрын
@@PaulThorpeOfficial www.dutchnews.nl/news/2020/08/police-arrest-five-amsterdam-men-in-hunt-for-killers-of-bas-van-wijk/
@PaulThorpeOfficial
@PaulThorpeOfficial 4 жыл бұрын
@@mattstevens1820 Thanks Matt
@EscapePlan97
@EscapePlan97 4 жыл бұрын
Matt Stevens wow!🤔😤
@johnfranklin6394
@johnfranklin6394 4 жыл бұрын
Paul. You are not scaring people, or being a prophet of doom. You are educating people and saving them from getting ripped off. Many thanks for your video.
@jensh.2595
@jensh.2595 4 жыл бұрын
Paul, I do feel your point 100%. The problem is with those details asked a private purchase also gets very questionable. You could easily start to fuzz with someones life with that range of informations asked. This whole scenario is very concerning and Paypal is clearly down the same road, hard to find a safe way of transaction between private individuals today.
@tudorfanman2620
@tudorfanman2620 4 жыл бұрын
This is why I love your channel, Paul. Real world information that has real value. You should be on TV.
@LeonChetsky3230
@LeonChetsky3230 3 жыл бұрын
You are absolutely correct sir !!! I bought my last 2 datejust from 2 of my friends ... as usual no box no papers !!! As soon as i found out about that STOLEN DATA BASE , it scares the hell out of me .... say these friends of mine are the real owners , but suffice one of them is crazy enough and reported the rolex he sold to me was lost/stolen ... ??? Should i take the watch to any AD & transfer the rolex under my name ??? Thank you sir ....
@mdb9933
@mdb9933 3 жыл бұрын
Wasn't aware of this. Thank s Paul. Could you set up another account at another bank amd transfer the money to it once it has cleared?
@AlexSmith-vg1dy
@AlexSmith-vg1dy 4 жыл бұрын
Hi Paul, when ETA announced they wanted to cease supplying outside of the Swatch Group, the Swiss Competition Commission stepped in to ensure the other companies were given time to make alternative arrangements. The lack of lost and stolen register(s) is clearly a different issue, but do you think approaching the same Commission and/or another part of the Swiss authorities could assist in applying pressure on Rolex (and other brands) to maintain such registers?
@TenTen32
@TenTen32 4 жыл бұрын
I don't understand this because if I ever make a bank transfer, before I press send, a message pops up on screen saying something along the lines of once the payment is sent it cannot be stopped, returned, amended or retrieved? So how do the scammers do it? Do they have a different type of account??
@tn_onyoutube8436
@tn_onyoutube8436 4 жыл бұрын
No, they just use a different element of the terms and conditions which the bank don’t refer to in your example. If you read the actual terms it will include words to the effect that if the goods you are selling are not received they can take the money back.
@Singh64able
@Singh64able 4 жыл бұрын
Good sound advise Paul unbelievable how people think up these scams. Hope your watch gets returned to you mate .
@davidtaysom3592
@davidtaysom3592 4 жыл бұрын
Thanks so much for posting this paul.hope you get your watch back.
@viriatvsoflvsitania5422
@viriatvsoflvsitania5422 4 жыл бұрын
Wow... I never imagined things were this bad about bank transfers. I always thought they were completely scam proof and you were protected under the law. Guess I was worng...
@trampus63
@trampus63 4 жыл бұрын
Paul, keep doing what you're mate. You're a true gem in an industry that unfortunately has some dark sides.
@seamasterist
@seamasterist 4 жыл бұрын
Additionally I would add as I have said before, in the case I am referring to, the purchasers details, ie the individual who paid for the watch is different to the details appearing on the warranty card. How can this be. It can and has done in this case caused so many problems regarding who the watch belongs to.
@VinylMemoirs
@VinylMemoirs 4 жыл бұрын
Great video Paul. Worrying for anyone who is selling high end / luxury goods. Whilst your phone call questions to the bank work for now, if the banks were continually losing money because their employees answered questions incorrectly they would all be trained to give vague answers and then we are back to square one. The main problem I can see is that in the UK basically all banks are exactly the same and there is little difference between any brand. All have the same policies and structure so there is little point changing bank when they wrong you.
@ctboy4467
@ctboy4467 4 жыл бұрын
I’m in USA. When I wire money, the bank sends a security code to my personal cellphone to authenticate me (while in the bank) beside me showing ID. Not sure if that helps prevents fraud.
@tn_onyoutube8436
@tn_onyoutube8436 4 жыл бұрын
Like all the other possible ways around this issue, no, that would not work against the premise of these scams. The issue is not that the scammer did not get the money (which is what your security code example proves against), but that they then claim they did not get the goods, in multiple different scenarios. The bank then gives them their money back and you’re left with no recourse. It is not the money transfer, it is the goods, or as in one of Paul’s examples, a fraud combining both.
@sergeantcrow
@sergeantcrow 3 жыл бұрын
There needs to be an extra parallel bank trasfer option, another 'avenue'... Similar to transfer but called 'Secure Transfer'. Basically the buyer initiates that with his/her bank, either in bank, over phone, or online video call, and funds cannot be reversed...
@pravinpandya3033
@pravinpandya3033 4 жыл бұрын
Very good, we have taken photo ID of bank's CEO for his purchase. He said" I like you are following instructions from bank. Good Luck."
@wdc7582
@wdc7582 4 жыл бұрын
Would PayPal extract the funds in the same manner as British banks?
@Giovan_Nino
@Giovan_Nino 4 жыл бұрын
Heartfelt wise words.. thanks Paul.
@jonathansmith283
@jonathansmith283 4 жыл бұрын
re -establishing a center to identify stolen watches makes sense, I agree sir. I am still looking to buy my first rolex. I am holding on for a GMT MASTER II , batman . I shy away from buying from the grey market - 1- you don't get the rolex warranty. 2- do you know you are getting a real rolex with 100% rolex parts. listening to your argument - it is a real problem. . good luck . ~ JDS/CT
@x19man1
@x19man1 4 жыл бұрын
This was a very interesting video. I had some attempts to steal money from my accounts a few years ago, and my bank made it very clear that they did not care, and that it was my money that was being stolen, not theirs. When it comes to buying watches, if bank transfers are not acceptable, what about PayPal ?
@JakeStrada
@JakeStrada 4 жыл бұрын
Great advice about the bank transfer scam, the more it gets out the better.. Had someone try and buy 1 of my motorbikes by bank transfer, Bells started ringing when he made every excuse under the sun not to come view the bike...Great idea also about the passport pic, confirmation emails and such like and as an honest retail buyer, I certainly wouldn't have any issues providing what was needed to protect both parties....
@mr_watchaddict3146
@mr_watchaddict3146 4 жыл бұрын
Other channels may be more ‘entertaining,’ but yours is still and by far the most valuable. I consider this the Continued Professional Development channel that the other watch KZbinrs need to survive safely! On the register point, unfortunately the less safe it is for punters to buy used Rolex, the greater the likelihood that they will buy new. This can only benefit Rolex and we all know where the sword falls when money and morals are pitched against each other. Great work as always Paul. I hope your watch comes home 😉👍
@PaulThorpeOfficial
@PaulThorpeOfficial 4 жыл бұрын
Much appreciated Mark. You are certainly bang on with the register too!
@mr_watchaddict3146
@mr_watchaddict3146 4 жыл бұрын
Paul Thorpe Watch Dealer ....saying that, I’m currently in month 7 of a waiting list for an Explorer 1 whilst secretly hoping I don’t receive a call before 1st September!! 🤞😆
@mattchedzey
@mattchedzey 4 жыл бұрын
The issue with that theory mate is that buyers cannot be swayed to buy new as it is almost impossible and looks to be getting worse. You would know as you have been waiting for 7 months for a watch that usually sits in AD's windows
@mr_watchaddict3146
@mr_watchaddict3146 4 жыл бұрын
mattchedzey That’s true of course, but it does tempt people to join waiting lists before they’ve even decided they want the watch as they know it’ll be the lowest price available so they won’t lose money if they need to get out of it by selling. My AD manager said, apparently correctly, that Rolex just don’t care. If they did they’d increase supply. They don’t, and they’re branding masters as a result. The fact they’re a trust/charity surely has something to do with it. I must say though, I’ve not seen a 214270 in a shop window in the UK so far! Where are you if you don’t mind me asking?
@KrisBaca
@KrisBaca 4 жыл бұрын
Easy explanation for L&S Registry: Rolexes are used as underground currency and nobody paid with a Rolex wants it to show up on an L&R registry.
@soundssimple1
@soundssimple1 4 жыл бұрын
Bank transfers over a specific value should be tied to being done in person at the bank by the sender/buyer where all is recorded on the cameras. The banks need to firm up here just like the rules on cash limits. Great video Paul.
@apuglisic
@apuglisic 4 жыл бұрын
Great job, hope to meet you in person soon!
@sailinbob11
@sailinbob11 4 жыл бұрын
I don't know about banks,but credit card companies call,and ask,at least the one's I deal with, if I've bought something abnormal. Bought an Omega online, got a call. Did you just spend $$$$ on a watch? Are you crazy ? That last part was just me. Seems reasonable. My passport is up to date.
@arthurtreibs4174
@arthurtreibs4174 4 жыл бұрын
THANKS PAUL FOR YOUR INVALUABLE COMMUNITY SERVICE. THIS IS A LOT MORE USEFUL TO ALL US BUYERS AND SELLERS THAN JUST KNOWLEDGE OF THE PRODUCTS WE TRADE. CHEERS AND BEST OF BRITISH, PAUL!!!
@nickbyrne1962
@nickbyrne1962 4 жыл бұрын
Scary stuff! In my complete naivety, I had always assumed that payment by bank transfer was rock solid and safe 😕
@achimkohlhage1328
@achimkohlhage1328 4 жыл бұрын
Congrats, another strong verdict. Where will it lead to? Likely cash payments only. The government shud look into it, Boris, might he???
@Neilbarrett78
@Neilbarrett78 4 жыл бұрын
Fingers crossed you get your watch back, I got had over with a bank transfer about 4 years ago, all I got was a police reference number, still upsetting now!! Hard lesson!!! Please be careful people it always stays with you and i find it hard to trust people again.
@angelacosta466
@angelacosta466 4 жыл бұрын
I think wire transfers should be done in person. Where the buyer transfers the money with the help of a bank teller, that way they can't claim that they didn't do that wire transfer. Or when purchasing a watch in person, the buyer needs to pay with a cashiers check which is certified funds and it clears as soon as the check is deposited into the bank account.
@edwardfrench945
@edwardfrench945 4 жыл бұрын
Hi Paul, great video. Love your passion on these serious topics. It’s scary out there and people are losing a lot of money. Have a great evening.
@billyabroad8057
@billyabroad8057 4 жыл бұрын
Wow this is shocking! Wire transfers in America are permanent. Do you guys not have escrow accounts?
@andrewjames9963
@andrewjames9963 4 жыл бұрын
I brought some think for 2500 by bank transfer , phoned the bank before hand to check if it was secure which they said it was. The item never turned up and the bank and police didn’t want to know ,the bank never got it back for me!
@gride5153
@gride5153 4 жыл бұрын
Why not use a BANK CHEQUE? (assuming it is available in your country) The account holder will be required to show ID to get the Bank Cheque. Once the cheque is deposited into your account, and cleared, you can send the goods. (Check with your bank and there terms and process in getting a Bank Cheque) Just a suggestion, hope it helps.
@nick102001
@nick102001 4 жыл бұрын
Great content Paul. Always a contentious subject but I like the idea of national ID card, it would prevent a huge amount of fraud (and other criminal activity). I've lived as an expat in the UAE and the residents Emirates ID card is required for all significant purchases - it's photographic and biometric. For those that say it abuses their human rights and its 'big brother' watching, I say to them, when you've been a victim of large scale fraud and lost all your cash and no-one is held responsible, you might just change your mind.
@SH__-
@SH__- 4 жыл бұрын
Paul, I understand there is a difficult problem here to resolve. If I was purchasing a watch, I would be a little paranoid in giving all my information including passport details etc. As I wouldn’t know how that information would be retained by the dealer. It would make a hell of a steal list if it fell into the wrong hands!
@stupitt6989
@stupitt6989 4 жыл бұрын
What a nightmare!!! Great video Pleased you might be getting a watch back 👍
@johnwhite.762
@johnwhite.762 4 жыл бұрын
Top Vid Guvnah and well done you.....nearly 25K subscribers and in between.. ads from big Swiss watch brands...onwards and upwards....
@stanl1979
@stanl1979 4 жыл бұрын
What about a payments account? You receive money into one account and then move it to another bank yourself so it can’t be recalled. Ultimately you would still be in debt to the bank (but only with their own money) and need to do your due diligence but it’s easier to argue when you have the money.
@Rolexingryan
@Rolexingryan 4 жыл бұрын
I'm across the pond in the US and as far as I know if you make a bank transfer the money is gone. Now if you do report it as fraud from what I understand it is the bank that takes the loss and then they go after the money. I could be wrong about this but our banking system seems to work very different from yours. As far as Rolex releasing its stolen watches information I don't think they will ever do so. This keeps them as the sole gate keeper and makes sure they get the money for doing the services. I do think you are right that only very heavy pressure on Rolex to make this public is the only way to change it. Thank you for your great videos and keep up the good work.
@Prabhu_njd
@Prabhu_njd 4 жыл бұрын
Maybe we all can start a petition to sign at change.org for rolex to reinststate the lost & stolen register. I would sign that petition.
@nelsona.7950
@nelsona.7950 4 жыл бұрын
Question. Assume that the rightful owner of the funds has his funds removed from his account unbeknownst to him. If seller ( innocent or not ) removes funds from his account and blows it on a horse at the Santa Anita racetrack named ( seeyaltersucker) that does not place , furthermore there are no funds left in sellers account , does the bank that made the transfer make good or is rightful owner of funds screwed ?
@johnjeff5112
@johnjeff5112 4 жыл бұрын
Good honest advice, great video, always love your videos, keep them coming, thanks
@pravinpandya3033
@pravinpandya3033 4 жыл бұрын
Thanks again for your time and valuable information.
@kitlai768
@kitlai768 4 жыл бұрын
Thanks for that Paul but it could work the other way round right ? What if you’ve sent the funds across and don’t get the goods?
@PaulThorpeOfficial
@PaulThorpeOfficial 4 жыл бұрын
Yes indeed, but that 'dealer' won't be around very long. Choose your dealer wisely and you are safe. Scammers just move along to their next victim and identity.
@kitlai768
@kitlai768 4 жыл бұрын
What if it was a private seller ? Like me selling to you ?
@joshtarnow492
@joshtarnow492 4 жыл бұрын
Demand the buyer add in all the purchase details (type of watch, serial number, amount paid for the watch, etc.) in the notes section of the wire form. If the money is wired without the details reject the sale & return the money.
@Sanders83
@Sanders83 4 жыл бұрын
Hi Paul, great vid, but quick question. As a seller, could you protect yourself by transferring the money you recevied from selling the watch to another account? If I had a Barclays account, and a Santander account, would they still be able to withdraw the money if I used my Barclays account from the sale, and moved it to Santander after?
@theenavybluemonster
@theenavybluemonster 4 жыл бұрын
I was thinking the same thing. If you have an account just for transfer in, and once the money came in, move it to another account at another bank. Keep the transfer in account at a zero balance. Probably a better idea to have a few transfer in accounts too.
@lewwilkinson4411
@lewwilkinson4411 4 жыл бұрын
I was wondering the same can someone chime in that knows
@PaulThorpeOfficial
@PaulThorpeOfficial 4 жыл бұрын
Not really, your original account would just go over drawn and you'd owe the bank the money. And they'd come after you for it too!
@lewwilkinson4411
@lewwilkinson4411 4 жыл бұрын
Paul Thorpe Watch Dealer Paul what is the safest way to take payment in your opinion thanks in advance 👍
@theenavybluemonster
@theenavybluemonster 4 жыл бұрын
Paul Thorpe Watch Dealer How about a money order? May take more time but seems like the safest transaction.
@marktime61
@marktime61 4 жыл бұрын
If you do record it you may have to tell them that fact and that in itself may affect the answers. Without that warning the recording “may” be inadmissible ?
@wimsluijter5947
@wimsluijter5947 4 жыл бұрын
Dear Paul, first I want to thank you for your good and informatif video's , I like them a lot! I was surprised to see how easy those scammers can operate there " buisiness " . One thing I know, when I'll buy my first watch when I become 50, I will contact you so I'm certain of a genuine watch!! Keep up the good work!!! Kind regards, Wim Sluijter, Holland.
@mig7290
@mig7290 3 жыл бұрын
I was offered one several years ago in a Mediterranean country and the guy told me the serial number was polished off under the crystal. Alot of guys who would sell stolen watches would also sell fakes. Stolen I couldn't handle morally and fake I'm fine with for fake prices.
@stevena644
@stevena644 4 жыл бұрын
Paul , your days in business were the good days. People had morals and cash was king which makes transactions instant.
@seamasterist
@seamasterist 4 жыл бұрын
Tend to agree Paul. I do hope that you will address my recent question ref: Rolex/Tudor and the ambiguity in terms of AD'S (well one in particular who I have heard lot's of bad things about as have you I understand) in terms of filling out purchasers details on the warranty card and the fact that for a first time purchaser of a Rolex/Tudor how would the purchaser be aware of the details being completed by the AD at point of purchase when the AD does not make you aware at point of purchase. I really would welcome your view on this.
@spikkyboy
@spikkyboy 4 жыл бұрын
Paul we run our own flooring business. Let me tell this about credit cards. We took a phone order. We do a security check against postcode and door number. Credit card company approves transaction. 30 days later credit card company takes its money back out of our bank. Credit card was stolen by a postman in Scotland. Door number 22 and postcode say ED9 5QP. I found all the scammers need to do is match door number and postcode from stolen card to original address and the phone or Internet transaction will go through. They then give a door number 22 and postcode in our area with the same numbers. Say CM9 5BP. We enter 22 9 and 5 bingo. If you are taking cards folks be aware of this. You can phone them and check
@richards3108
@richards3108 4 жыл бұрын
One question to the police have access to the register to check ?
@bobbydazzler1780
@bobbydazzler1780 4 жыл бұрын
Too many online scams and pitfalls to fall into for my liking - even the best operators get done online so it seems so I wouldn’t touch this game with a barge pole. Surely registering serial numbers with manufacturers will be the answer to a lot of the elephant traps out there.
@TenTen32
@TenTen32 4 жыл бұрын
Pay Pal is also dodgy. I once sold something on Ebay, thankfully only a low value item, but a few days after I posted the item, I received a message from PP saying the funds had been retrieved by the purchaser. I couldn't believe it & have you ever tried to speak to anyone at PP? Impossible. I would never sell a high value item like a watch on Ebay and accept payment via PP as its too risky.
@paulw4904
@paulw4904 4 жыл бұрын
I was once frauded on eBay through PayPal for a small amount & PayPal believed it was preparation for a larger amount down the line & the small amount was a test to see if I noticed before a bigger hit! (Not sure why I wasn’t just hit big in the first place!?) but I was amazed when I called PayPal when I noticed & actually managed to speak to a human being & they were incredibly helpful, returned my money & gave me some good security advice & follow up correspondence! Seems you weren’t so lucky! 🙄
@InGratitudeIam
@InGratitudeIam 4 жыл бұрын
It finally dawned on me what AD really means when it comes to a Rolex AD. Abandon all Dignity.
@johncoyle8191
@johncoyle8191 4 жыл бұрын
Hope you get your watch back. Honest people shouldn't have a problem with more information to prove their identity
@vvvhhhhhbb
@vvvhhhhhbb 4 жыл бұрын
Would PayPal work better? Offer more security?
@tn_onyoutube8436
@tn_onyoutube8436 4 жыл бұрын
No. Other scams available via PayPal. And they always side with the buyer
@vvvhhhhhbb
@vvvhhhhhbb 4 жыл бұрын
@@tn_onyoutube8436 So there basically there is no recourse. Sad!
@tn_onyoutube8436
@tn_onyoutube8436 4 жыл бұрын
Northwest at nite - well, no, there is recourse, but generally it is very difficult to prove the case beyond doubt. You can dispute the chargebacks, provide “proof” the buyer got the goods, sue the buyer, go to the police (good luck with that one). But all very difficult, likely very expensive too. I guess another way out is insurance when sending the goods. There will be suitable policies for this, not sure how expensive. The more I think about it, assuming it is as good as they claim, the only way is using Chrono24 type escrow services, but even there you probably need insurance too.
@antonchigurh4125
@antonchigurh4125 4 жыл бұрын
Good luck. Hope the watch comes home..
@Mark..P
@Mark..P 4 жыл бұрын
Great video Paul. Personally I would have no issue in providing proof that I am who I am
@alanalan4935
@alanalan4935 4 жыл бұрын
Paul I have been watching your videos for past few days and really admire what you are doing here. Good things only will happen to you for what you have done.
@vlee1247
@vlee1247 4 жыл бұрын
What if you withdrew the funds as soon as it gets deposited leaving a very low balance. Then the bank can’t come back and take it back since there are no funds left.
@tn_onyoutube8436
@tn_onyoutube8436 4 жыл бұрын
A) they can overdraw you and b) that would look very suspicious to a bank, and c) what about next time you want to sell something x do you open a new account, ultimately leaving multiple empty accounts lying about? VERY suspicious to an investigation.
@doubletee5250
@doubletee5250 4 жыл бұрын
Suggestion. Do your due diligence over a skype/video call and record it.
@pedroemmett3509
@pedroemmett3509 3 жыл бұрын
A trick: you can watch movies on Flixzone. Been using them for watching loads of movies lately.
@mathiascase8747
@mathiascase8747 3 жыл бұрын
@Pedro Emmett Yea, I've been watching on flixzone for since december myself =)
@hughamari9626
@hughamari9626 3 жыл бұрын
@Pedro Emmett Definitely, I've been using Flixzone for since december myself =)
@jeff1176
@jeff1176 4 жыл бұрын
Man its very hard to keep up with the criminal element. Just as a buyer, I'm very scared to purchase a rolex for fear of buying a fake thats been switched. Let alone trying to ever sell one. I guess I'll never have an ultra high end watch, or anything high-end for that matter. I have very little faith in humanity to begin with.
@captnagrom8178
@captnagrom8178 4 жыл бұрын
Thanks Paul, learnt something there. Cheers
@CyrusOG666
@CyrusOG666 4 жыл бұрын
Thanks for the honest to god helpful advice for the good guys! Hope you get your goods back.
@craigrobertson7938
@craigrobertson7938 4 жыл бұрын
The chargeback rules were brought in to protect customers from fraudsters who were getting people, mainly older customers, to send them money. They pretended to be protecting you and getting you to transfer the money away. This chargeback protects this scenario but is being abused as Paul says. Would a credit card payment work better ?
@VinylMemoirs
@VinylMemoirs 4 жыл бұрын
Credit card chargebacks are even easier sadly
@alhacker6674
@alhacker6674 4 жыл бұрын
Great news about your watch Paul, good luck. The only person you can trust when it comes to money is the one who stares back at you in the mirror. I would gladly accept an AD or anyone asking for a heap of ID when dealing with money. Don't understand people who find it offensive, unless there trying to scam you.
@TinBin-Craig
@TinBin-Craig 4 жыл бұрын
what about a credit card payment ? would that work
@tn_onyoutube8436
@tn_onyoutube8436 4 жыл бұрын
No. Same issue - “it didn’t arrive, please give me a recharge”, “not me, someone must have used my card number” and so on. Every payment method seems to be subject to the same scam. Possible exception - dealer escrow?
@sluny1
@sluny1 4 жыл бұрын
Another awesome video! Thank you and be well!
@irvinbaxter9763
@irvinbaxter9763 2 жыл бұрын
What about using Paypal as a source of transfer ? I am under the impression it cant be called back.
@bigjoel360
@bigjoel360 4 жыл бұрын
Appreciate all the info. Good content.
@Martin-pq8mj
@Martin-pq8mj 4 жыл бұрын
Superb video Paul, this is the kind of content I want to know about. Great stuff
@seamasterist
@seamasterist 4 жыл бұрын
Good luck with the register Paul. Rolex however I believe are a law unto themselves. Example, stopping production during the pandemic. In my view a very clever and cynical marketing ploy. I know I'm not alone in taking that view. What do you think?
@AmandaIrwin2022
@AmandaIrwin2022 4 жыл бұрын
I don’t think they had a choice but to close. People work In close contact and it made sense to close temporarily to protect their staff
@seamasterist
@seamasterist 4 жыл бұрын
@@AmandaIrwin2022 I respect your view, but are you seriously telling me that a company as wealthly and successful as Rolex could not have implemented social distancing measures and very effectively so? A master watchmaker has his/her own workspace anyway. No sorry I stand by my original statement.
@AmandaIrwin2022
@AmandaIrwin2022 4 жыл бұрын
seamasterist it was literally for a couple of months and the world didn’t end.
@antcotterill
@antcotterill 4 жыл бұрын
Hi Paul, thanks for all your content you put out, best watch channel going 👍🏻👍🏻 I agree the banking system is absolutely nuts and it’s definitely not as secure as the vast majority of the general public think it is. I think an answer to this problem for both buyers and sellers is Bitcoin. Bitcoin allows me to send ANY amount of Bitcoin (money) to whoever I choose ANYWHERE in the world and it doesn’t need the banking system to approve/disapprove the transaction. It’s also reasonably quick to do and once I send the Bitcoin to you for example, the only way I could get that back is if you were to send it back to me. There is absolutely no way to get it back which means the scammers would have no authority to go to and carry out this scam. I appreciate a lot of people either don’t know about or understand Bitcoin YET but I really do think it’s the future of money and it allows the individual to be responsible for their own finances. Bitcoin can’t be stopped at all by anyone, ever and I think the businesses that adapt and use this technology will be the ones to reap the reward down the line 💪🏻💪🏻
@richardgreen8919
@richardgreen8919 4 жыл бұрын
Another gem Paul.Keep up the good work.
@smal1014
@smal1014 4 жыл бұрын
Let's hope you get your watch returned and hopefully its value has gone up to cover most of the 15k you lost in that fraud!! Great information again and yes we must keep trying until the imbeciles at Rolex see sense and bring the lost and stolen register back. These banks are the biggest crooks at times!! What laws we have in this Country, unbelievable??
@mudachuka12345
@mudachuka12345 4 жыл бұрын
I want to see how quick it will be for a new Rolex model to hit the used market in September
@TenTen32
@TenTen32 4 жыл бұрын
About 1 day after the first models hit the Ad's
@johnboud2071
@johnboud2071 4 жыл бұрын
Great vid Paul. I'd like your opinion on a potential scam.I have a watch listed on C24 and was contacted by a buyer in another country who was interested in buying it. I thought this was strange as this same watch is available in his own country and another one in a neighbouring country, for a similar price (mine was also used but the others were unworn). The other sellers were also verified dealers with hundreds of transactions done on C24. Considering if he bought it from me he would also have to pay import duties, while if he bought it from those 2 other sellers, he would not have to, I found this to be very strange. Not sure whether it was a potential scam or not but it just seemed off. Do you have any idea why someone would want to buy a watch from a seller in a different continent and not somewhere close to them?
@paulwilson7234
@paulwilson7234 4 жыл бұрын
Thank you for sharing.
@mnoxman
@mnoxman 4 жыл бұрын
It would help if the insurance companies would use 'the watch register' for all watches they pay a claim on.
@markflett5501
@markflett5501 4 жыл бұрын
Great video Paul keep them coming
@robphillips1971
@robphillips1971 4 жыл бұрын
Well done Paul Great idea re the extra ID needed. I as a buyer would not mind a few extra checks it protects us all.
@thirtysixtothirtynine9657
@thirtysixtothirtynine9657 4 жыл бұрын
Thank you for my new knowlege. I didnt know bank could take back. Wow. Cash is king.
@russellharris5072
@russellharris5072 4 жыл бұрын
The best way to get Rolex to release that register is to embargo them,no one buys a watch until they release it...............
@ConceptQuad2
@ConceptQuad2 4 жыл бұрын
Simple don’t buy their products why is there so much a obsession(worship) with buying Rolex or trying to make them change their ways.They have no obligation to change anything regarding their business model!!
@koochie88
@koochie88 4 жыл бұрын
You keep doing what you're doing! I was not aware of this type of scam ( as I am good guy / works hard for his money) Educate us with what you know. :Like you say the Bad guys already know this stuff - its the naieve public who are being taken advantage of that need to be educated with Lessons in Life!!!! Keep uploading more of this type of content. I want to learn more!!!!! Best, Rick
@STJB1000
@STJB1000 4 жыл бұрын
Great video 👍.....
@pepecz
@pepecz 4 жыл бұрын
is this seriously about bank transfer or credit/debit card payment? If you wanna do bank transfer, you have to login to your account, fill the details and authorize the payment. If you come to the bank and say this wasn't me making the payment, bank should give you money back and at the same time not take money from the dealers/shops account. Can somebody confirm or deny it's not a credit/debit card chargeback Paul is talking about?
@sevrin1965
@sevrin1965 4 жыл бұрын
Isn't this why most dealers will not send an item to any other address than the one registered to the bank account? surely it would be a bit hard to argue that you never made the purchase and get your money back in that scenario?
@PaulThorpeOfficial
@PaulThorpeOfficial 4 жыл бұрын
No its the address on a card payment. Bank Transfers do not require a matching address for shipment.
@sevrin1965
@sevrin1965 4 жыл бұрын
@@PaulThorpeOfficial thanks Paul
@scottlalonde2878
@scottlalonde2878 4 жыл бұрын
Great video, Paul, thank you. About emailing picture of passport, I am paranoid and personally wouldn't do that for anyone. Would rather go without the watch. Just me.
@jbennison5672
@jbennison5672 4 жыл бұрын
How the fuck is it even possible to have a society that is so easily traceable by digital transactions and these crimes go unpunished? You have a delivery address and the police won't go and investigate? It's criminal.
@dc1735
@dc1735 4 жыл бұрын
Recently sold s watch via c24. Strange address turned out to be a courier company in Slough. Address had a 'RUH' number which meant it would be redirected to Saudi Arabia by the courier firm upon arrival. It seemed odd but all turned out ok. I also ad the address re confirmed by c24.
@peterstorey4198
@peterstorey4198 4 жыл бұрын
What about PayPal as a safe alternative.
How to AVOID being SWITCH SCAMMED out of your ROLEX Watch or CASH
10:26
СИНИЙ ИНЕЙ УЖЕ ВЫШЕЛ!❄️
01:01
DO$HIK
Рет қаралды 3,3 МЛН
MUST SEE: Stolen Watches Recovered!
20:33
UptickWatchReviews
Рет қаралды 7 М.
A Confession From The Man Who Shot JFK | Confessions Of An Assassin | @DocoCentral
1:20:10
A day in the life of a retired old git! #lamborghini #rolex
38:58
Stolen Watches  - Recovered! How I got back 13 watches stolen from me
9:59
How Stellantis Destroyed Jeep
14:12
More Perfect Union
Рет қаралды 1,2 МЛН
We're under ATTACK
8:02
Paul Thorpe
Рет қаралды 121 М.
Rolex Stolen! & How to Deal On Wristwatch Forums
14:43
Caseback Watches
Рет қаралды 3,2 М.
One Year In: How is Milei’s “Experiment” Going?
9:01
TLDR News Global
Рет қаралды 367 М.