Fake watch auction called off after report highlights

First published: 21-10-2009

A former car-selling mogul who went bankrupt earlier this year has been forced to auction off a number of his personal belongings, though a great number of watches have been withdrawn.

That's because it was found that a few of the offerings were fakes, with a report by local news provider WCCO detailing how a big percentage of the 58 upmarket watches - many of which are Rolexes - were spotted by eagle-eyed collectors when they were first put on display.

Speaking to WCCO, watch fan Jim Nash said: "When we got there we began looking at a lot of the different watches and immediately bells began going off in my head."

The auction house's owner declined to comment but the website later notified buyers of the revelation, adding: "We believe this doubt will greatly affect the majority of the watches that are indeed authentic."

Earlier this month, Ali Chalhoub, a restaurant manager who bought two Rolex watches with a fake credit card, was given a 12-week suspended sentence and ordered to carry out 100 hours of community service after he was caught when he tried the same trick just days later.

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