WatchBrokers seized by the courts

FOX 5 I-Team investigates

WatchBrokers seized by the courts

Posted: Updated:
ATLANTA -

After more than a year of complaints from upset customers, WatchBrokers has been seized by the courts, and the I-Team was there when it happened.

The Governor's Office of Consumer Protection had a receiver take over the property after management reneged on a previous deal. The deal was to pay back customers who were owed money on watches that were sold on their behalf.  
    
WatchBrokers was the kind of place that had a $70,000 Christian Dior time piece in its cabinet. I-Team cameras captured rat traps, and expensive watches were not secured. The key to the security gates were out in the open, and the safes were unlocked.

Court-appointed receiver Chris Tierney says they also seized two bank accounts which they found to be empty.

"I think we'll be here for a while. The good part is, I think people can rest assured that if they had something here, it's now safe and protected and hopefully we will be contacting them over the next couple of weeks," said Tierney.

He says they found hundreds of watches inside the business, and a $2 million insurance policy has been issued on the watches.

  • I-Team Story ArchiveMore>>

  • Attorney General reopens investigation into DeKalb travel agent

    Attorney General reopens investigation into DeKalb travel agent

    Friday, August 1 2014 10:31 AM EDT2014-08-01 14:31:25 GMT
    FOX 5 I-Team InvestigatesFOX 5 I-Team Investigates
    A local travel agency owner, who's been ordered by the Attorney General's office to clean up his act, is facing the same complaints again. First, there were Girl Scouts then church ladies and now a family planning a cruise says its out $21,000.
    A local travel agency owner, who's been ordered by the Attorney General's office to clean up his act, is facing the same complaints again. First, there were Girl Scouts then church ladies and now a family planning a cruise says its out $21,000.
  • Ray McBerry ex-employee speaks

    Ray McBerry ex-employee speaks

    Wednesday, July 30 2014 11:02 PM EDT2014-07-31 03:02:51 GMT
    A second young woman filed a Henry County police complaint accusing former gubernatorial candidate Ray McBerry of some bizarre behavior.
    A second young woman filed a Henry County police complaint accusing former gubernatorial candidate Ray McBerry of some bizarre behavior.
  • Mom confronts Ray McBerry over modeling request

    Mom confronts Ray McBerry over modeling request

    Wednesday, July 30 2014 12:04 PM EDT2014-07-30 16:04:32 GMT
    A twice-failed candidate for Georgia governor found himself face-to-face with a mother furious over what he was trying to do this month with her teenage daughter.
    A twice-failed candidate for Georgia governor found himself face-to-face with a mother furious over what he was trying to do this month with her teenage daughter.
  • Contact the FOX 5 I-Team

    * denotes required fields

    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thanks for contacting FOX 5.  To reach our newsroom by phone, please call (404) 898-0100.

Powered by WorldNow

WDCA My20 & my20dc.com
5151 Wisconsin Ave NW
Washington, DC 20016

Phone: (202) 244-5151
Email Us

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices