Anthony Farrers lifestyle was as flashy as the luxury wristwatches he sold in Beverly Hills.
His watch consignment business, The Timepiece Gentleman, had a storefront on the citys fabled Rodeo Drive. His red Lamborghini and his Ducati motorcycles sat outside his lavish rental in Santa Monica. He made frequent gambling trips to Las Vegas, where he spent tens of thousands of dollars.
Farrer, 35, collected Patek Philippes, Rolexes and other pricey timepieces and sold them to collectors. The typical agreement with his clients netted him a 5% commission on every sale, according to a federal criminal complaint obtained by CNN.
Business was thriving, or so his clients thought. Farrer displayed watches worth up to $430,00 on social media,…
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