The brand previously said it intends to take the parties to court as soon as possible, and did not immediately respond to Fortune’s request for comment. The ex-employee “worked in tandem with intermediaries to purchase the watch for the Omega Museum,” arguing to company executives that it “was a rare and exceptional timepiece that would be an absolute must” for Omega’s collection, the company noted. In a statement to Bloomberg this week, the company added that a former employee of both the Omega Museum and the brand’s heritage department is alleged to have participated in the scam. We are now working to reconstruct everything down to the last detail and also to pin down external accomplices.” “After we confronted them with the facts, they confessed to acting fraudulently and criminally. Criminal plot to sell ‘Frankenstein’ fake Speedmaster watch for a record 3 million was aided by Omega employees, watchmaker says. Responding to a query from NZZ, Aeschlimann said: “The initial findings have provided clear evidence that three former employees were involved in this operation with clear criminal intent, and to the massive detriment of Omega. The watchmaker confirmed to Bloomberg it had purchased the “broad arrow” hands piece from 1957 itself-a decision it may well now be regretting. The piece, sold by global auction house Phillips, had been estimated to sell for between $87,100 and $131,000, but after a fierce bidding war-reportedly featuring buyers from China, Texas, and Oman-the watch was eventually purchased by its very own maker. The stainless steel watch is all the more unusual because of the fade on its face, which is “incredibly even throughout,” coupled with “the luminous material on both the dial and hands to an attractive golden tone.” The unusual watch featured a “vibrant milk-chocolate face,” Omega wrote in a press release at the time, which had garnered extra attention given its status as a “Moonwatch”-the design worn by NASA astronauts during the first Moon landing in 1969. Be the first one to comment Follow Us Share Show More Comments GIF Comment. A Speedmaster timepiece-a cult favorite among the watch community-had sold for 3.1 million Swiss francs, around $3.4 million at today’s exchange rate. The ORIGINAL MISFITS LIVE in concert joined by very special guest, Rock and.
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