Straight from the L.A. Times comes the news about Anthony Farrer ‘The Timepiece Gentleman’ finally getting arrested by the FBI. Back in August, we reported that Anthony Farrer had published on Reddit a post titled ‘Coach’s Mea Culpa’ —Latin for ‘my fault’—, explaining that The Timepiece Gentleman seemed to owe consignors $2 Million USD in misplaced inventory. Later that month, Anthony Farrer published a video on YouTube admitting his wrongdoings and stating that he owed close to $5 Million USD to consignors and others.
According to the L.A. Times, the FBI finally arrested Anthony Farrer this past Tuesday, November 7th, 2023. At age 35 and on top of being a convicted felon with multiple DWI offenses, Farrer now faces charges of mail fraud and wire fraud over his alleged watch retail consignment scheme. According to the investigation by the L.A. Times, Farrer sold watches consigned to him but never paid the consignors, which allowed him to live the lavish lifestyle that he openly published on his Instagram account and on his YouTube channel.
From ultra-expensive dinners at Nick & Sam’s to cash-flaunting nights at Nobu and Nusr-Et in Dallas, The Timepiece Gentleman seemed to have it all. Constantly flashing supercars, motorcycles, six-figure watches on his wrist, the most beautiful women by his side, and living in a 19,000 sq. ft. penthouse in downtown L.A. —after leaving Dallas— that was $95K USD a month in rent, it all proved at the end that it was all smoke and mirrors and a lifestyle that he could only afford by means of a ponzi scheme.
At this point, who knows what will happen to Anthony Farrer ‘The Timepiece Gentleman’ and the $5 Million USD he says he owes? According to the L.A. Times, if convicted, Farrer faces up to 20 years in prison. Anthony Farrer is currently being held at the Metropolitan Detention Center in Los Angeles. When we published the news about his disappearance back in June of 2021, we could see the writing on the wall as Dallas is the capital of the $30,000 dollar millionaires.
Nowadays, everyone thinks that selling watches is just like selling hotcakes. It takes a lot of experience, business acumen, and watch knowledge to be a real watch dealer. All those living a lavish lifestyle and flaunting it while wearing the watches consigned by consignors should start getting ready for the axe to come down on them as well.
Here’s the link to the editorial published in the L.A. Times and written by Noah Goldberg.
