Another life was taken by suicide. Owner and Founder of The Timepiece Gentleman unexpectedly passed away; he was a West Hollywood, California resident.
Anthony Farrer, 35, decided to end his life after he allegedly jumped off the roof of a Beverly Hills Tower. As of now, we do not have any information on the obituary service.
Before Anthony passed, he was detained and charged with stealing $5 million. Anthony Farrer, also known as the Timepiece Gentleman, was at the center of a story that has sparked a lot of online interest after he wrote a blog post titled “My Fault” and then made a video in which he admitted to borrowing $5 million through the Watch Ponzi Scheme.
He promoted his Watch Ponzi Scheme using the news and the most recent stories. In 2021, Anthony Farrer abruptly vanished with his investors, and that’s when the drama began.
He stated that the Richard Mille watch was stolen while drunken at a bar in a video he recorded a few weeks ago.
He later stated in the video that the watch had been put back on the market and that his clients had received offers for the same watch. He later acknowledged that his YouTube video was fake over time.
Since dealers like Anthony Farrer offer to invest clients’ money in watches and produce high-value returns with little to no risk, this technique is a sort of investment fraud.
However, the fraudsters compensate their previous investors who invested in them instead of investing the money and keeping a portion of the proceeds for themselves.
There are no new investors due to this scheme’s demise or collapse. In addition, he developed an alcohol addiction while still in his teens, which quickly landed him in jail. Later, he served a second 16-month sentence.
Amelia Warner
Amelia Warner writes all the Latest Articles. She mostly covers Entertainment topics, but at times loves to write about movie reviews as well.
