SF watch retailer convicted of grand theft

A San Francisco watch retailer was found guilty of seven counts of grand theft in connection with an internet fraud scheme, county prosecutors announced today.

Roger Kuo, 48, operated TheFinestWatches.com where he would offer high-end watches for sale on the internet, by phone and email that he did not have in inventory.

Kuo would take his customers money and never provide the watch.

Prosecutors said six different victims lost a total of $161,171.

“If you want to do business in San Francisco you can’t lie to your customers, no matter where they are,” District Attorney George Gascon said in a statement. “A successful e-commerce economy depends on consumer trust, and those that violate that trust will be held accountable.”

Kuo was found guilty of selling five different watches ranging in price from $16,100 to $34,775. Kuo also took a 3.02 carat diamond on consignment and sold it, keeping 100 percent of the proceeds rather than the 10 percent he agreed to.

Prosecutors said the case was initially reported through the district attorney’s consumer mediation unit.

Prosecutors said they combed through more than 50,000 pages of bank and sales records to find the victims and their money.

Victims who came to the six-week trial were from places as far away as Malaysia, France and Nigeria. Others came from Florida, Minnesota, New York City and Los Angeles.

Nine victims testified.

“This case was a paper chase, but the defendant’s crimes ultimately caught up with him,” Assistant District Attorney Daniel Amador said in a statement.

Kuo is scheduled to be sentenced May 17.

-Keith Burbank, Bay City News

Bay City News
Share
Published by
Bay City News

Recent Posts

Golden State Warriors drop fourth loss of the year as Draymond Green returns

By C.J. Peterson Special to S.F. Examiner Pushing the ball down court on a fast break opportunity in the first…

3 hours ago

The number of missing people in Butte County fire jumps dramatically to 631

The death toll from the devastating Camp fire in Northern California jumped to 63 on Thursday as search crews recovered…

4 hours ago

Films opening Thursday-Friday Nov. 15-16, 2018

FILMS OPENING Burning: Yoo Ah-in, Jeon Jong-seo and Steven Yeun appear in Korean director Lee Chang-dong’s moody adaptation of Haruki…

9 hours ago

Family continues fight to sue SF over Kate Steinle’s fatal shooting

A panel of federal appeals court judges heard arguments Thursday in a lawsuit from the parents of Kate Steinle, who…

9 hours ago

Recycling proposal to require hiring trash sorters held up in board committee

A proposal designed to boost San Francisco’s recycling rate, but which could force large businesses to hire trash sorters, failed…

10 hours ago

Unhealthy haze over SF Bay Area from Butte County fire prompts health warnings

Smoke from the Camp Fire in Butte County continued to hang over San Francisco and the Bay Area on Thursday,…

11 hours ago