Thread all abt ROLEX - Part 2

Icyclouds

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got news cna a local maid become a debtor when her friend run away .
she steal employee PP worth 60k and pawn for 6k . Got omega and other watches stolen also .
idk how to link url as I rarely use forums .


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Icyclouds

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Indonesian national Maya Amara Putri, 40, was sentenced to 21 months and one week's jail on Tuesday (May 16).

Maya pleaded guilty to four charges, including theft by servant and transferring criminal proceeds out of the country.

Another seven charges were considered in sentencing.

The court heard that Maya worked for a German couple who lived in the Bukit Timah area.

She was the sole breadwinner for her two children and sick mother back in Indonesia, and would pawn her jewellery at pawnshops in Singapore whenever her children needed money.

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However, in 2022, Maya agreed to a friend's request to let her use her work permit to borrow money from a moneylender.

Her friend later returned to Indonesia without repaying the loans, and the loan sharks began harassing and threatening Maya instead.

Maya decided to steal items from her employers' house and pawn them off for cash to repay her loans and debt.

In March 2023, she saw her boss' Patek Philippe watch on the basin of the master bedroom toilet and stole it. She pawned it off for S$6,000 (US$4,492) on her day off.

The watch was worth S$63,840.

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When Maya's employer realised his watch was missing, he confronted his two helpers about it. Maya admitted to stealing it and her employer called the police.

Investigations revealed that Maya also stole other items including a gold ring worth S$4,758 and a pair of ear studs worth S$5,400.

The theft of other jewellery and watches belonging to her employers, including a S$10,000 Omega watch and a S$20,000 Rolex, were in the charges taken into consideration.

Of the money she obtained from pawning off the precious items, Maya remitted S$204 back to her son in Indonesia. She also made bank transfers as directed by the loan sharks.

All the stolen items were recovered and seized by the police, with Maya's employers paying S$6,800 to the pawn shops involved to relinquish their claims on the stolen items.

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The prosecutor asked for 21 months and one week's jail to 24 months and two weeks' jail.

In mitigation, Maya said she was remorseful and pleaded for a lighter sentence.

In sentencing, the judge said the jail term asked for by the prosecution in view of the number of charges and value of the items stolen was fair and reasonable.

He backdated her jail term to take into consideration her period of remand.


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fatghost

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I got wear at home sometimes but definitely not wearing to sleep. I loved my watches a lot. Can’t imagine not wearing any on any day.
ya. i dont wear it to sleep too.
coz i got the habit to put my hand under my pillow when i sleep o_O
 

fatghost

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Indonesian national Maya Amara Putri, 40, was sentenced to 21 months and one week's jail on Tuesday (May 16).

Maya pleaded guilty to four charges, including theft by servant and transferring criminal proceeds out of the country.

Another seven charges were considered in sentencing.

The court heard that Maya worked for a German couple who lived in the Bukit Timah area.

She was the sole breadwinner for her two children and sick mother back in Indonesia, and would pawn her jewellery at pawnshops in Singapore whenever her children needed money.

ADVERTISEMENT

However, in 2022, Maya agreed to a friend's request to let her use her work permit to borrow money from a moneylender.

Her friend later returned to Indonesia without repaying the loans, and the loan sharks began harassing and threatening Maya instead.

Maya decided to steal items from her employers' house and pawn them off for cash to repay her loans and debt.

In March 2023, she saw her boss' Patek Philippe watch on the basin of the master bedroom toilet and stole it. She pawned it off for S$6,000 (US$4,492) on her day off.

The watch was worth S$63,840.

ADVERTISEMENT

When Maya's employer realised his watch was missing, he confronted his two helpers about it. Maya admitted to stealing it and her employer called the police.

Investigations revealed that Maya also stole other items including a gold ring worth S$4,758 and a pair of ear studs worth S$5,400.

The theft of other jewellery and watches belonging to her employers, including a S$10,000 Omega watch and a S$20,000 Rolex, were in the charges taken into consideration.

Of the money she obtained from pawning off the precious items, Maya remitted S$204 back to her son in Indonesia. She also made bank transfers as directed by the loan sharks.

All the stolen items were recovered and seized by the police, with Maya's employers paying S$6,800 to the pawn shops involved to relinquish their claims on the stolen items.

ADVERTISEMENT

The prosecutor asked for 21 months and one week's jail to 24 months and two weeks' jail.

In mitigation, Maya said she was remorseful and pleaded for a lighter sentence.

In sentencing, the judge said the jail term asked for by the prosecution in view of the number of charges and value of the items stolen was fair and reasonable.

He backdated her jail term to take into consideration her period of remand.


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wach worth $63,840 she pawned it for $6000
 

Plikhz

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Indonesian national Maya Amara Putri, 40, was sentenced to 21 months and one week's jail on Tuesday (May 16).

Maya pleaded guilty to four charges, including theft by servant and transferring criminal proceeds out of the country.

Another seven charges were considered in sentencing.

The court heard that Maya worked for a German couple who lived in the Bukit Timah area.

She was the sole breadwinner for her two children and sick mother back in Indonesia, and would pawn her jewellery at pawnshops in Singapore whenever her children needed money.

ADVERTISEMENT

However, in 2022, Maya agreed to a friend's request to let her use her work permit to borrow money from a moneylender.

Her friend later returned to Indonesia without repaying the loans, and the loan sharks began harassing and threatening Maya instead.

Maya decided to steal items from her employers' house and pawn them off for cash to repay her loans and debt.

In March 2023, she saw her boss' Patek Philippe watch on the basin of the master bedroom toilet and stole it. She pawned it off for S$6,000 (US$4,492) on her day off.

The watch was worth S$63,840.

ADVERTISEMENT

When Maya's employer realised his watch was missing, he confronted his two helpers about it. Maya admitted to stealing it and her employer called the police.

Investigations revealed that Maya also stole other items including a gold ring worth S$4,758 and a pair of ear studs worth S$5,400.

The theft of other jewellery and watches belonging to her employers, including a S$10,000 Omega watch and a S$20,000 Rolex, were in the charges taken into consideration.

Of the money she obtained from pawning off the precious items, Maya remitted S$204 back to her son in Indonesia. She also made bank transfers as directed by the loan sharks.

All the stolen items were recovered and seized by the police, with Maya's employers paying S$6,800 to the pawn shops involved to relinquish their claims on the stolen items.

ADVERTISEMENT

The prosecutor asked for 21 months and one week's jail to 24 months and two weeks' jail.

In mitigation, Maya said she was remorseful and pleaded for a lighter sentence.

In sentencing, the judge said the jail term asked for by the prosecution in view of the number of charges and value of the items stolen was fair and reasonable.

He backdated her jail term to take into consideration her period of remand.


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Would pawn shops take these in, knowing it’s likely stolen? They would lose when these gets seized isn’t it
 

Damienic

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Pawn shop technically is a collateralised loan mah so the $6k loan is over-collateralised 😂
Big pawn shop chains like Money Max, Maxi Cash sells resale Rolex and PP and their prices are even higher than most grey dealer. I wonder what kind of pawn shop is this. Imagine they take in the watch at 6k plus and then put it for sale at 60k
 
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Pegasus05

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See see see!!

debtors 花言巧语 says borrow work permit to borrow money from moneylenders. And then in the end escape..

No borrowing of money bro!!
 

raidorz

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Big pawn shop chains like Money Max, Maxi Cash sells resale Rolex and PP and their prices are even higher than most grey dealer. I wonder what kind of pawn shop is this. Imagine they take in the watch at 6k plus and then put it for sale at 60k
They have 2 businesses, so they do pawn shop biz and also buy/sell/trade biz.
Pawn shop biz take in the item and safekeep for you and give you loan.
Their buy/sell/trade biz is like normal dealer.
 
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Damienic

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Would pawn shops take these in, knowing it’s likely stolen? They would lose when these gets seized isn’t it
A couple of years ago, there was a high profile case of a customer who bought a fake Rolex from a famous pawn shop cum resale luxury goods retailer, ie Maxi Cash or Money Max. The pawn shop didn’t realised the watch is fake. It is such a well made counterfeit that it had even the shop fooled into taking in from the con man
 

fatghost

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i got one funny question. have u guys ever in public seen/caught someone wore fake rolex ?
 

fatghost

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Big pawn shop chains like Money Max, Maxi Cash sells resale Rolex and PP and their prices are even higher than most grey dealer. I wonder what kind of pawn shop is this. Imagine they take in the watch at 6k plus and then put it for sale at 60k
u know those money max, maxi cash they take in gold at $72 for 916 lol
 

Damienic

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Just saw a post in ROCA by someone who mentioned he lost his John Mayer Rolex at 4am in the morning while he took a taxi from Orchard Plaza back home. Quite strange, he insisted he traveled alone and didn’t know how he could have lost the watch while wearing it. Probably too intoxicated and didn’t even know when someone took it off from him
 
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