WatchesRUs, a Sydney-based watch seller, has left numerous customers without their expensive Rolex watches after receiving hundreds of thousands of dollars in payments. The company’s director, Ian Tilman, has gone missing, and the company is now in liquidation.
The situation has led to significant financial losses for customers, who are struggling to recover their money. Some have discovered their undelivered watches listed for sale in Dubai. The company owed creditors nearly $800,000, and while a few customers have won legal battles and received refunds, many remain without their watches or compensation.
Police reports have been filed, but the resolution process has proven challenging for the affected customers, leaving a cloud of uncertainty over their investments.