The idea of easy money can be pretty tempting, but selling counterfeit products should never be the way to go.
On Thursday (12 May), Mr Edmund Koh, a TikTok user who runs a watch shop in Far East Plaza shared how a customer allegedly tried selling him a fake Rolex watch for S$19,000. Thankfully, Mr Koh was able to identify the fake timepiece and did not fall for the alleged scam.
In the end, Mr Koh decided to let him go with a warning instead of reporting him to the authorities.
In the TikTok video, Mr Koh shared CCTV footage from his shop – Three Crowns Watches and Jewellery Pte Ltd – depicting the incident.
According to Mr Koh, the customer arrived at the shop to sell a Rolex GMT-Master II for S$19,000. He claimed that his father had bought it in a brand new condition, but had lost the accompanying box and certificate.
Mr Koh believed it looked genuine until he examined the item further.
He told AsiaOne,
I carefully examined every tiny bit and spotted something strange in the Rolex mini crown crest. It looked rather fake.
To prove it was a counterfeit, Mr Koh proceeded to dismantle the back case to reveal the “machine” which came with plastic support — something a genuine Rolex would not have.
Despite the alleged deception, the shop owner decided to let the customer off with just a warning.
Prior to working as a shop owner, he received a commendation award as a police officer from the SPF. He pointed to his award to shut down the customer’s attempt to sell the counterfeit good.
Mr Koh told AsiaOne that such incidents have happened to him on five occasions within the past two years.
Selling counterfeit goods is an offence under the Trade Marks Act.
If found guilty, offenders may face a fine of up to $100,000, a 5-year jail sentence, or both.
While the customer may have gotten off with just a warning for the alleged scam, we hope he learned his lesson and will not attempt such a fraud again.
In the meantime, we hope this serves as a reminder for both merchants and consumers to keep an eye out for counterfeit goods.
Have news you must share? Get in touch with us via email at news@mustsharenews.com.
Featured image adapted from @bruceleekoh on TikTok and Diamonds by Raymond Lee. Picture on the right is for illustration purposes only.
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