US EditionPublished • loading... • Updated
Man jailed over £1m Rolex and luxury watch fraud
Adam Moore-Lynch used a Ponzi-style scheme to defraud about 45 victims of nearly £1.2 million by selling their high-value watches without paying them, police said.
- A watch dealer who ran a business called Manchester Watch Hub defrauded 50 victims out of more than £1m by selling their high-value watches and keeping the money for himself.
- The 38-year-old defendant Adam Moore-Lynch pleaded guilty to fraud, converting criminal property and carrying out a business with intent to defraud creditors between August 2023 and January 2024.
- Moore-Lynch was sentenced to five years and one month in prison at Manchester Crown Court on Wednesday for the fraud involving losses of around £1.2m.
Insights by Ground AI
11 Articles
11 Articles
Dumbarton watch dealer jailed after defrauding victims out of over £1 million
Adam Moore-Lynch, from Dumbarton, ran Manchester Watch Hub and promised to sell on clients' high-value watches while taking a seller's cut. Instead, he sold the watches and kept the money for himself.
·Glasgow, United Kingdom
Read Full Article
Time bandit: Watch dealer jailed over £1m fraud
Adam Moore-Lynch promised to sell on clients’ high-value watches for a fee – but instead kept the cash. A watch dealer who defrauded his victims out of more than £1 million has been jailed for just over five years. Adam Moore-Lynch ran Manchester Watch Hub based on King Street in the city centre and promised to sell on clients’ high-value watches while taking a seller’s cut. Instead, the 38-year-old, from St Andrew’s Crescent, Dumbarton, West Du…
Coverage Details
Total News Sources11
Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
Factuality
To view factuality data please Upgrade to Premium
