Invicta Investigation is Real. Affidavit here

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Re: Invicta Investigation is Real. Affidavit here

Post by Luftwafflles » August 21st 2015, 9:26am

I've seen this happen a lot. In Michigan we had an attorney general that convinced the idiot populace that he was for the little guy, would fight the corrupt corporations (usual bullshit). He would start a big investigation, get some press coverage, and nothing ever happened. People forgot, some palms got greased, and that, was that. He stayed in office over 30 years pulling that shit. Doesn't matter that he was a democrat. Happens across the board.
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Re: Invicta Investigation is Real. Affidavit here

Post by koimaster » November 5th 2015, 5:34pm

Just an update, the investigation is on going as of today although the investigator has been changed to a lady name Randi. I will have her email tomorrow.
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Re: Invicta Investigation is Real. Affidavit here

Post by TemerityB » November 5th 2015, 9:16pm

koimaster wrote:Just an update, the investigation is on going as of today although the investigator has been changed to a lady name Randi. I will have her email tomorrow.


Thanks for that. Been waiting to hear something, anything, on this. Nice to know.
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Re: Invicta Investigation is Real. Affidavit here

Post by koimaster » December 22nd 2015, 10:12am

I received a call from an assistant State Attorney at the Florida State Attorney this morning, 8AM in fact. It appears that they would like anything we have on Invicta given that they have been pointed our way by others. I have given them access to my files on it which I keep at a cloud based backup. Perhaps something will come of it after all.
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Re: Invicta Investigation is Real. Affidavit here

Post by TemerityB » December 22nd 2015, 10:23am

I'd like to think our coverage of D/D / sandstone / MOP / QC / crystal diamonds / false sales claims might be enough to spur some action.

And that's just 2010.
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Re: Invicta Investigation is Real. Affidavit here

Post by TemerityB » December 22nd 2015, 12:49pm

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Re: Invicta Investigation is Real. Affidavit here

Post by Darksider » December 22nd 2015, 1:06pm

Some people are just plain dense.

HKshooter-

This may be picking nits, idk, but since the patent on the Valjoux 7750 expired the name has been all over the place and is nearly a generic term for the type of movement today. Any manufacturer can build a movement that resembles the 7750, put 7750 on it and be perfectly legal even though the movement is not ETA/Valjoux or an original 7750. The big deal for me is the ETA name and the only legitimate 7750 movement made today in my eyes is the ETA while all others are copies. Discussion of the Asian 7750 has popped up though I don't know at the moment if they call theirs a 7750 or not, just by this example we can see that the term is widely used and accepted. That a watch case has "7750" on the back of it is in no way any more clear than "Swiss Made Movement" as to what's actually inside the watch. Even "Swiss Made 7750" isn't specific and it could be supposed that an SW500 is inside seeing how universally accepted the term seems to be.

Having said all that the watch Danny has posted a picture of has a triangular shaped rotor and so far, in my reading and learning, I've only ever seen that rotor on the ETA V7750. Without checking the markings on the movement to be certain, I'd still bet money his watch has an ETA movement.


Since when can you make a clone of the V7750 and then call it a 7750?
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Re: Invicta Investigation is Real. Affidavit here

Post by TemerityB » June 4th 2016, 8:25pm



Ahh, Republicans - profiting from the profiteers, while John Q. Public can go to hell.
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Re: Invicta Investigation is Real. Affidavit here

Post by koimaster » June 5th 2016, 9:48am

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Re: Invicta Investigation is Real. Affidavit here

Post by TimeBeing » June 5th 2016, 10:01am

TimeBeing wrote:So true!


Also, this in the NV paper this morning:
Dawn News


Swiss watchmakers face threat from within by homegrown maker of low-cost watches
CORINNE GRETLER — UPDATED MAY 29, 2016 09:30AM


AS Swiss watchmakers struggle with the strong franc, weaker Asian demand, and new technologies such as smartwatches, the last thing they need is a threat from within their clubby ranks. But that’s exactly what’s happening.

The Goldgena Project, led by designer Claudio D’Amore, is a shoestring-budget brand that’s open to using non-Swiss components for mechanical watches. Asian parts make production cheaper, and most watches sold under the “Swiss made” label for less than $2,500 (2,500 francs) contain some bits from that region anyway,” he said.

Swiss made is an official government designation certifying that a timepiece is mostly made of parts manufactured and assembled in Switzerland. This distinction is given hefty import in the industry, like the “appellation d’origine contrôlée” for French wine.

“Swiss made is a joke,” D’Amore, 40, said in an interview in his Lausanne office. The Swiss-Italian has spent 13 years designing watches for brands such as TAG Heuer, Parmigiani Fleurier, and Montblanc.

Goldgena is testing whether consumers are still interested in Swiss-designed watches, without all the glamour hidden inside. Figuring it can cut the price of a timepiece by more than half, the brand plans to sell automatic watches for as little as $700, compared to the $4,000 starting price for Rolex models. By using a Japanese movement, Chinese assembly, and avoiding middlemen, Goldgena says, it can undercut the industry.

Watchmakers are allowed to call their timepieces Swiss made if at least half the value of the timepiece’s movement comes from Switzerland and if the watch is assembled in the country. Next year, new requirements will require that at least 60 per cent of the manufacturing costs of the entire watch, including the strap and case, are Swiss.

The country’s four-century-old watch industry has been suffering recently. Exports have dropped for 10 months.

Switzerland makes about 2.5pc of the world’s watches each year, but it gets more than half the revenue in the 38 billion-franc market because Swiss made timepieces command higher prices, according to Rene Weber at Bank Vontobel.

Three companies make the majority of Swiss watches: Swatch Group, whose brands include Omega and Longines; Richemont, which makes Cartier and IWC; and Rolex, which also makes Tudor.

Competition is increasing just as smartwatches sap demand for lower-end watches. Websites such as Borrowed Time have popped up, lending people luxury watches to wear to parties. Swatch shares have slumped 27pc in the past year, while Richemont’s stock is down 34pc.

D’Amore plans to raise money through crowdfunding and hopes to garner some 10 million francs by the end of September in order to make 5,000 to 10,000 pieces, which he’ll sell online. The first models are planned for next year. Without much of a budget for advertising, D’Amore has taken to the Internet in an attempt to attract consumers with punchy YouTube videos. One shows a scene from the Clint Eastwood western “A Fistful of Dollars” overdubbed with dialogue that reflects the project’s rebel tone.

Goldgena is surveying consumers to see if they would be interested in cheaper non-Swiss made watches.

So far, 63pc of website visitors have voted for Swiss made, in proportions of either 50pc or 99pc. Still, 348 out of the 947 have said no, which shows there may be consumer demand for an Asian-assembled automatic watch. Goldgena will wait a few weeks to gauge consumer interest before it makes a decision as to which route to follow. D’Amore said he’d prefer the non-Swiss made route.

Goldgena’s watches would most likely pressure entry-level brands with a price tag of 500 francs to 2,000 francs, according to Edouard Meylan, chief executive officer of H. Moser & Cie., whose watches start at $15,000.

“The risk is not so big, as I don’t think that many customers will see and assimilate the Goldgena Project,” he said. If the upstart brand does succeed, however, it could force some other brands to consider abandoning the Swiss made label.

By arrangement with Bloomberg-Washington Post Service

Published in Dawn, May 29th, 2016
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Re: Invicta Investigation is Real. Affidavit here

Post by foghorn » June 5th 2016, 4:11pm

"plans to sell automatic watches for as little as $700, compared to the $4,000 starting price for Rolex models. By using a Japanese movement, Chinese assembly, and avoiding middlemen, Goldgena says, it can undercut the industry."



I can get a Hamilton (Swiss) Tisssot (Swiss) Victorinox (Swiss) and other "Swisss watches for 700 bucks so what's the big fucking deal?
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Re: Invicta Investigation is Real. Affidavit here

Post by TemerityB » June 5th 2016, 6:08pm

foghorn wrote:"plans to sell automatic watches for as little as $700, compared to the $4,000 starting price for Rolex models. By using a Japanese movement, Chinese assembly, and avoiding middlemen, Goldgena says, it can undercut the industry."



I can get a Hamilton (Swiss) Tisssot (Swiss) Victorinox (Swiss) and other "Swisss watches for 700 bucks so what's the big fucking deal?


Bingo. The sleaze fairly drips off this scuzzball.
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Re: Invicta Investigation is Real. Affidavit here

Post by Mark1 » June 5th 2016, 8:12pm

foghorn wrote:"plans to sell automatic watches for as little as $700, compared to the $4,000 starting price for Rolex models. By using a Japanese movement, Chinese assembly, and avoiding middlemen, Goldgena says, it can undercut the industry."



I can get a Hamilton (Swiss) Tisssot (Swiss) Victorinox (Swiss) and other "Swisss watches for 700 bucks so what's the big fucking deal?


Throw in valuepayz and you have the Invicta business plan. Eyal goes one better and uses a Chinese movement as well.
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Florida AG asked Trump for donation before nixing fraud case

Post by poot74 » June 7th 2016, 7:22am

Florida AG asked Trump for donation before nixing fraud case

Florida's attorney general personally solicited a political contribution from Donald Trump around the same time her office deliberated joining an investigation of alleged fraud at Trump University and its affiliates....

http://www.msn.com/en-us/news/politics/florida-ag-asked-trump-for-donation-before-nixing-fraud-case/ar-BBtWeNo?li=BBnbfcL
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