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Timeline of events:
Italian group of 2 guys 1 woman goes around multiple watch dealers in NY, Miami, LA trying to sell/trade a Mother of Pearl Baguette Rolex Daytona
Italian group manages to successfully sell/trade their franken to Jordan Gelerman of Time Wise Watches in Boca Raton, FL. Jordan is apparently out of pocket for $170k
At some point, the franken Daytona leaves the hands of Jordan
It is unsure at this point how the franken Daytona ended up back into the Italian scammers hands
Italian scammers end up going to TPG and tries to sell it to Tony for $150k, Tony counter offers for $100k $30k of watches and the Italians accept
Before the deal is done, Tony posts the picture of the watch on his IG, and immediately gets contacted by 4 watch dealers (including Jordan) informing him that its a scam and a franken watch
Tony decides to keep the watch, threatens to call the police on the Italians and kicks them out of the store.
Tony has plans to return the watch to Jordan as Jordan is the one that got scammed
Tony decides to change his mind, he wants to keep the watch as a trophy and is worried that if he gives the watch to Jordan, it might get resold and back out onto the market
Tony has a good point here, its still very unclear how this watch left Jordan's hands after he bought it and back into the Italian scammers hands. After learning that Tony isn't giving the watch back to him, Jordan calls Tony a scumbag and threatens to destroy his reputation. He also makes a new group with a bunch of watch dealers detailing a plan to review bomb Tony's store and rep
Tony decides to show up to IWJG to Jordan's booth and confront him in person because of the text messages. Jordan backs down on his threats and tells Tony that he's a good guy, not a scammer etc.
Tony shows receipts of the new Whatsapp group where Jordan tells every dealer to review bomb TPG
From their exchanges, it seems very likely that Jordan was intending to resell the franken Daytona after getting it back from Tony to recoup some of the money he lost
It's a mystery how the watch left Jordan's hands and back into the hands of the Italians, unless the Italians have multiples of this watch. But in that case why was Jordan so intent on getting the watch back from Tony unless he was going to just resell it
Overall a very bad look for Jordan, Tony did the right thing in this case. Although I fully expect Tony to resell this himself in the near future and net a cool $130k pure profit
Why hasn’t this guy been banned in Moda? As far as I can tell he is still an active member.
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- 1 year ago
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