Matthew Cox | Inside True Crime Podcast
Timepiece Gentleman Locked Up For $5M Scam | Insider Exposes Anthony Farrer Dark Past
21 Feb 2025
Anthony Farrer appeared or the timepiece gentleman has just been sentenced for a $5 million dollar luxury watch ponzi scheme.Contact Greg Greg.snavely@gmail https://www.instagram.com/greg.snavely/Get 50% sitewide for a limited time. Just visit https://GhostBed.com/cox and use code COX at checkout.Do you want to be a guest? Fill out the form https://forms.gle/5H7FnhvMHKtUnq7k7Send me an email here: [email protected] you extra clips and behind the scenes content?Subscribe to my Patreon: https://patreon.com/InsideTrueCrime 📧Sign up to my newsletter to learn about Real Estate, Credit, and Growing a Youtube Channel: https://mattcoxcourses.com/news 🏦Raising & Building Credit Course: https://mattcoxcourses.com/credit 📸Growing a YouTube Channel Course: https://mattcoxcourses.com/yt🏠Make money with Real Estate Course: https://mattcoxcourses.com/reFollow me on all socials!Instagram: https://www.instagram.com/insidetruecrime/TikTok: https://www.tiktok.com/@matthewcoxtruecrimeDo you want a custom painting done by me? Check out my Etsy Store: https://www.etsy.com/shop/coxpopartListen to my True Crime Podcasts anywhere: https://anchor.fm/mattcox Check out my true crime books! Shark in the Housing Pool: https://www.amazon.com/dp/B0851KBYCFBent: https://www.amazon.com/dp/B0BV4GC7TMIt's Insanity: https://www.amazon.com/dp/B08KFYXKK8Devil Exposed: https://www.amazon.com/dp/B08TH1WT5GDevil Exposed (The Abridgment): https://www.amazon.com/dp/1070682438The Program: https://www.amazon.com/dp/B0858W4G3KBailout: https://www.barnesandnoble.com/w/bailout-matthew-cox/1142275402Dude, Where's My Hand-Grenade?: https://www.amazon.com/dp/B0BXNFHBDF/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1678623676&sr=1-1Checkout my disturbingly twisted satiric novel!Stranger Danger: https://www.amazon.com/dp/B0BSWQP3WXIf you would like to support me directly, I accept donations here:Paypal: https://www.paypal.me/MattCox69Cashapp: $coxcon69 Learn more about your ad choices. Visit megaphone.fm/adchoices
Full Episode
the timepiece gentleman he would claim million dollar robbery finance his watch flipping business by stroking off guys in dallas you want to hear what his partner had to say about him the timepiece gentleman was just sentenced he for stealing over
5.6 million dollars and we brought in greg who who has dealt with him in the past and is kind of a watch aficionado he's got a bunch of watches and he's brought some he's going to explain how the whole thing went down and we're going to get into it so check it out
gentleman's name timepiece gentleman uh was anthony fairer and he ran a large scheme where he was selling watches on consignment um however he didn't he wasn't paying people as they were selling and it kind of collapsed upon itself the way the industry works is that
you can't just walk into stores and buy desirable watches you know if you want a rolex and the msrp on that rolex is eighty five hundred dollars and you show up to the store with eighty five hundred dollars then they're not gonna sell it to you because they want to sell you more they know that you can leave that store and that what's called the gray market is going to be like 12 or 13 or $14,000.
There's some watches with an MSRP of $15,000 that sell for over 50. So, you know, they reserve the calling the clients, uh,
on those watches for the most important the doctors the guys who will buy their wives huge diamond rings to offset the fact that that they know they're going to make a huge windfall when they buy that watch whether they choose to sell it or not well i don't understand because i i've had i've bought rolexes before and i've walked in and paid you know 6 500 that's right it
but they are these just like but these aren't specialty rolexes this is just one they're making thousands of and it it just it became a thing i'm guessing it was pre 2010 that you were yeah this was back in 2000 yeah three four five six back then you could have uh just walked right in the store and bought everything now if you walk into a store they will basically tell you everything is for display purposes only
Would you like to be put on a waiting list, sir? And case prices drop down low enough. And if things get bad and they start making phone calls, you know, whether it's the economy or whatever, then, you know, they're probably in trouble. But that gray market is where people like the timepiece gentlemen like to exist. You know, there's people who will get watches.
They might get that lucky phone call or they might be able to work a deal with their AD where they kick them. AD stands for authorized dealer. So that basically means the Rolex store where if they kick them, the store guy, a couple of grand, he'll bump them up the list. And I'm...
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