Rolex Grey Dealer Robbery Staten Island -May 2023

$2.5M IN WATCHES STOLEN FROM STATEN ISLAND BUSINESS IN WELL-PLANNED BURGLARY

ABC New 7 link to the robbery news over Memorial Day weekend

The Wristwatcher is back at 50 percent capacity.

It’s pretty remarkable. He survived this much loss and is back in business. Joey was a sales associate at Shot Hills Mall at the SydneyThomas boutique, which went out of business and lost its AD status. He started his own Rolex gig.

I’m unsure how he manages that inventory and capital of 3 million.

I’m also not sure whether insurance covers market-value prices. His cost wasn’t retail on that inventory.

Reply
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I read the link. He didn't comment because he and law enforcement think that it is an inside job. Either an employee or a customer set him up.

This is not the sort of "smash and grab" or armed robbery that gets watch enthusiasts worrying about wearing a Rolex in a city center. This is a betrayal of trust.

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Aurelian

I read the link. He didn't comment because he and law enforcement think that it is an inside job. Either an employee or a customer set him up.

This is not the sort of "smash and grab" or armed robbery that gets watch enthusiasts worrying about wearing a Rolex in a city center. This is a betrayal of trust.

Agree!! something doesn't seem right

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Dang I live in Staten Island! Didn’t here anything about it. Thanks for the info!