TrustedWatch - All about watches




Crime solved after 17 years Gold Rolex watch leads to brutal robbers

(09/2011) With the help of a retired watchmaker from Frankfurt am Main, the CID in Eschwege were able solve a much publicised armed robbery on a businessman in Königstein that took place in June 1994.

Success for the Spanish Police 80.000 fake luxury watches seized

(09/2011) The Spanish police in Palma used an anonymous tip-off to land an impressive blow against the international bootlegging mafia. At a raid on three garages in the Playa de Palma, a total of 80,000 fake brand-name and luxury watches were seized.

Decision finally reached regarding the legal case Swatch wins Russian domain case at the 3rd attempt

(06/2011) The Federal Court of the District of Moscow confirmed in a decision from the 23rd of May 2011 the current position of the Court of Appeal as well as the Court of the Region of Moscow regarding the domain name According to the Federal Court it was correct to forbid the use of this domain name to the owner of the domain, and to oblige him to transfer this to the Swatch AG.

Caution with online watch auctions Online auction risks: AUCTIONATA auctions off luxury watches live

(06/2011) Online auctions have become a standard practice thanks to Ebay. In the meantime, many other auction portals have appeared on the internet, some of which have as wide a range as Ebay, some of which specialise in a certain product. With the live auctioning off of luxury watches, AUCTIONATA, the Austrian start-up enterprise, is currently starting off along this road, promising "the first real-time auction of luxury watches on the internet.“

World Anti-Counterfeiting Day Fondation de la Haute Horlogerie started a campaign against counterfeiting

(06/2011) The Fondation de la Haute Horlogerie (FHH) started a campaign to show the true face of counterfeiting and raise public awareness. The Foundation's latest campaign tackles counterfeiting from a new angle and asks: "Do you have a choice? Don't be a partner in crime." It appeared in the British Financial Times newspaper today on June 8th, media partner of the FHH. The campaign features a picture of a watchmaker at the Manufacture Jaeger-LeCoultre.

Controversial strengthening of the Swiss Made label Differences emerge at the Swiss Watch Industry Association FH

(04/2011) The Swiss Watch Industry Association FH is currently seeking a change in the specifications required to qualify for the "Swiss Made" label award from the Swiss authorities in an attempt to permanently protect the credibility and the value of Swiss origin. The current standard allows watches to display the "Swiss Made" label which only contain a very low proportion of Swiss-made parts.

Police Arrest Three Suspects Break-in at the AudemarsPiguet Watch Museum now practically solved

(04/2011) It was a spectacular coup: The burglary on the 15th of September 2010 at the AudemarsPiguet watch museum in Brassus in the Vallée de Joux. That night the previously unknown suspects broke into the first floor of the museum using a ladder and carried off two million Swiss francs worth of luxury watches within the space of just 4 minutes. After the robbery, the culprits fled to France.

Perpetrators brought to Justice Stolen Rolex Gold has never been seen again

(03/2011) A 24-year-old Frenchman actually stole 16 kilos of gold from the Rolex watch manufacturer's in May last year, worth approximately 500,000 Swiss francs. The man was employed as a temporary worker in the foundry at Rolex in the quality assurance department as a gold bar tester.

Domain name Tenth Arbitrazh Appellate Court confirms decision in favour of Swatch

(02/2011) In a decision rendered on 7 February 2011, the Russian Tenth Arbitrazh Appellate Court confirmed the position taken by the Court of the Region of Moscow according to which the registrant of was prohibited from using said domain name and ordered to transfer the domain to Swatch Ltd.

Mondaine against Migros Migros are allowed to sell their own M-Watch

(02/2011) On the 10th of February 2011, the Zurich Commercial Court rejected the plea by Mondaine which aimed to prevent the sale by Migros of watches under the brand "M-Watch". For Migros, the judgment is an important victory and a step towards enabling them to offer the Swiss Made "M-Watch" to their customers.

US Court rejects Tiffany case Ebay not responsible for fakes and copies

(12/2010) It's a bitter defeat for all brand manufacturers. The Supreme Court of the USA has not accepted the claim from the US-based jeweller Tiffany against the online auction platform Ebay. The highest US court, represented by Judge Sonia Sotomayor, rejected a petition for appeal by Tiffany against a previous judgment.

STOP PIRACY explain Fake and copied watches destroyed

(10/2010) The STOP PIRACY association destroyed thousands of fake watches at the Berne-Belp airport on the 28th of October 2010. Heavyweight highlight was a steam roller that crushed the timepieces into the sodden earth. Forecasts by international expert organisations say forgeries and piracy will further increase over the next few years. STOP PIRACY fights against this phenomenon using a public awareness programme, as well as strengthening the cooperation and coordination between the private and public sectors.

eBay forbidden from selling copies and fakes from LVMH eBay is responsible and will have to pay

(09/2010) In the dispute regarding fake LVMH luxury products on eBay, the Paris Court of Appeal markedly reduced their compensation demand on the 3rd of September 2010. Instead of the originally sum of 38.6 million euros, eBay must now pay "only" 5.6 million euros. This means that eBay are responsible for any forgeries and copies on offer on their site, and are required to remove these immediately and to implement suitable measures to protect branded products. Following a 2008 judgment, eBay had used software to filter out LVMH perfumes from the 200 million articles on offer daily.

328 counterfeit watches discovered Fake watches seized by Swiss Customs

(08/2010) During a routine customs check at the Basel-Weil border crossing, Swiss customs officers discovered 328 counterfeit watches on the 21st of August 2010. A 27-year-old Romanian lady and a 21-year-old Romanian man had attempted to smuggle the watches in six suitcases and bags in a car rigged with Italian number plates over the Swiss border.

No increased likelihood of danger at watch fairs Firearms licences increasingly more difficult for watch dealers to get their hands on

(02/2010) The Higher Administrative Court in Luneburg decided on the 23rd of January 2010 that jewellers have no legal right to a gun licence in order to defend themselves and their business during a raid. Following the judgement, the Higher Administrative Court speaker explained that the danger of a jeweller becoming a victim of a robbery is not substantially higher than for a member of the general public.

High Fines Duty unpaid watches seized

(12/2009) On the 29th of November 2009, Customs officials seized two luxury watches of a total value of 485,000 Czech crowns (approx. 18,700 euros) during a vehicle control. Three Czech citizens aged between 31 and 37 declared only the car wax they had acquired in Switzerland when crossing that country's border. Nevertheless, during a search of their vehicle, the customs officers found documentation and paperwork for two high-quality men's wristwatches which the driver and a passenger were actually wearing at the time.

Sentenced to Four Years Head Accountant at ETA guilty of fraud

(07/2009) The District Court of Solothurn-Lebern sentenced the former Head Accountant at the ETA watch factory in Grenchen to a term of imprisonment of four years for business fraud and money laundering. In addition she was ordered to pay back the embezzled 4,765,000 Swiss francs plus 5% interest, as well as the court costs, District Court reporter Kurt Schärer explained.

What seems like a bargain can turn out to be expensive Caution when buying a watch in the internet!

(06/2009) The internet has developed into the central marketplace for both new and used watches over the last few years. Online trading in brand watches is booming, but at the same time, security doubts are growing amongst potential buyers. Menacing dangers abound; for example, deception with fake watches, copies or watches that have simply been cobbled together are, according to current studies, the greatest barrier to an online watch purchase for most internet users. And this constantly increasing market volume draws in not only serious suppliers, but more and more swindlers. A security-conscious attitude on the part of buyers and sellers can put a stop to this online swindling, preventing much damage.

Apple infringes Cartier’s trademark

(05/2009) At first glance, Apple and Cartier operate in rather different business segments. However, an offering in the App store displeased the manufacturer of luxury watches. The reason: two applications named 'Fake Watch' and 'Fake Watch Gold Edition'. The apps display a watch on the iPhone or iPod Touch, copying Cartier’s famous wristwatches - according to a complaint from the luxury watchmaker.

Unwanted Advertising Spammers love Rolex

(05/2009) Nobody wants them, everybody gets them: Spam mails. These undesirable mails have been devoted to the subject of sex over the past few years but now the senders have discovered a new subject: High-quality brand products. According to the e-mail specialists at Retarus, brand-name articles are increasingly the subject of spam mails. In the "Retarus Spam Report", the enterprise examines the standard content of undesirable advertising mails.

Federal law to protect manufacturer’s trademarks and registered brands When is a watch really Swiss Made?

(05/2008) "Swiss Made“ is a certification of origin seal for products from Switzerland. This designation should indicate to consumers that the product is of a high quality. In 1880, the Federal Council enacted a federal law for the protection of manufacturing brands and trademarks. As a result, numerous brands registered their intellectual property with the Swiss Federal Council.

Unrequested Emails Spamming with Rolex, Breitling and Omega

(05/2008) Every internet user has experienced them: Spam emails, with offers of counterfeit brand watches by Rolex, Breitling or Omega. Not only the time involved in the deletion of these unwanted emails is annoying, but the danger of being fooled by the special offers is great. Many incoming spam emails contain offers for apparently genuine watches.

Organised Crminality Switzerland tightens up its laws on counterfeit watches

(04/2008) Every year at the watch fair in Basel, the subject of forgeries and copies occupies the watch industry. Jacques Duchêne, the president of the exhibitor's advisory board at the Baselworld in 2008 announced impressive figures at the fair. Over 500,000 fake watches were removed from the market in Italy and Mexico in 2007, up until the beginning of 2008. In Mexico, the authorities also found weapons and drugs together with the forgeries.

Manufacturer's Suggested Retail Prices and astronomical prices

(03/2008) On Ebay and in many online shops, numerous vendors – especially of watches and jewellery- like to put arbitrary Manufacturer's Suggested Retail Prices in their offer. Their goal is to make the customers believe it is a bargain and con them into purchasing their products.

Fake watches Imitations of brand watches

(11/2007) According to current surveys, roughly 15 percent of the watches offered on the internet are imitations. Among all brands, Rolex is the most requested one: More than 90 percent of the searches on the internet concern imitations of Rolex, followed by Breitling, Cartier, Omega and Tag Heuer. Today there is a well organised, criminal industry behind the imitations, which benefits from the profitable high margin business.

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