Monday, November 22, 2021

Repairer Pawned Customers' Watches for Online Gambling

Addicted to online gambling, a watch repairer from a luxury care company in Hangzhou, pawned a number of famous watches of customers, and the money was used for online gambling. The most expensive watch he pawned is worth about USD 120,000. According to information from the Hangzhou Binjiang Public Security Bureau, the suspect Yue has been detained in accordance with the law by the police, and the case is being further processed.

Luxury watches

Yue is a watch repairer in a luxury care company in Hangzhou. With superb craftsmanship, his monthly basic salary is as high as 2,400 yuan, plus allowance and commission. However, such a young man who was supposed to have a prosperous life is contaminated with the bad habit of online gambling.  Not only did he fail to save any money, but also fell deep in gambling debts. In desperation, Yue had a bad idea.

In October of this year, Yue took advantage of his position to take an "Omega" watch worth about USD 6,200 yuan that was being repaired by the company to a pawn shop to mortgage for USD 3,600, and continue to use the proceeds for online gambling. Online gambling is a bottomless pit, but Yue was addicted to it and couldn't help himself. He quickly lost the mortgage money.

It was the first time that he smuggled a watch out of the company without being detected. He became more and more encouraged, and he successively took out Jaeger-LeCoultre, Patek Philippe, Audemars Piguet and other expensive watches from the company to continue to mortgage for his online gambling funds. But unfortunately, as more and more watches are mortgaged, he didn't make any money back.

In November, when a customer came to the company to get a repaired watch, the company director inquired Yue about the situation. Yue used various excuses to prevaricate and delay in every possible way. Later, he simply stopped answering and responding to the supervisor's calls and messages.

Contacting Yue several times to no avail, the company director chose to call the police for help. According to statistics from the company's director, the total number of stolen watches is about USD 226,000! The most expensive is a Patek Philippe watches, whose market price is up to USD 117,000!

When the policemen in charge of this case, Tang Huan, contacted Yue to find out about the situation, Yue could no longer conceal what had happened. He finally chose to surrender to the police on November 16. Yue said that he wanted to get rid of the debt-laden predicament as soon as possible this way, and to turn losses into profits. But when he found that this didn't work out at all, he was stuck in it and couldn't help himself. Up to USD 80,000 of illegal proceeds were all invested in the bottomless pit of online gambling, which he deeply regrets.

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