‘Timepiece Gentleman’ Swindled Customers Out of $3 Million, U.S. Says
The businessman collected the luxury watches from customers, promising them that he would sell the watches on consignment and take no more than a 5 percent fee, the authorities said. Instead, they said, he sold the Rolexes and other high-end pieces to fund a lavish Los Angeles lifestyle — driving a red Lamborghini and a…