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 20 lost millions to watch reseller

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TSbalambgarden
post May 15 2025, 09:16 PM, updated 8 months ago

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KUALA LUMPUR: Multiple police reports have been lodged after at least 20 individuals claimed to have lost over RM15mil in luxury timepieces to a watch reseller.

MCA Public Services and Complaints Department head Datuk Seri Michael Chong said clients had entrusted their watches to a shop operated by a woman, who would earn a commission once a sale was made.


However, Chong said problems began to surface in December last year, when the woman allegedly informed clients that their watches had been sold but failed to return the proceeds.

"She gave numerous excuses, ranging from delayed customer deposit payments to claiming she was suffering from mental health issues.


"This led many frustrated victims to visit her shop, only to find its doors shuttered since March this year," he told reporters during a press conference at Wisma MCA on Thursday (May 15).
GalaxyV
post May 15 2025, 09:17 PM

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so many SH?
drug5
post May 15 2025, 09:22 PM

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Which watch shop?? No gip details
ZeroSOFInfinity
post May 15 2025, 09:23 PM

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I wonder which shop....

Found it - Time and Times Luxe Empire.

This post has been edited by ZeroSOFInfinity: May 15 2025, 09:32 PM
killdavid
post May 15 2025, 09:25 PM

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More money more problems.
Spend it wisely la.
TOMEI-R
post May 15 2025, 09:25 PM

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I wonder how much higher than market price this shop offered for the watches until people are willing to put their watches there.
TSbalambgarden
post May 15 2025, 09:25 PM

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QUOTE(drug5 @ May 15 2025, 09:22 PM)
Which watch shop?? No gip details
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Time & Times Luxe Empire
Amcorp mall
pgsiemkia
post May 15 2025, 09:28 PM

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QUOTE(balambgarden @ May 15 2025, 09:25 PM)
Time & Times Luxe Empire
Amcorp mall
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Sell on consignment, all sudah kena con.

Greedy-la.... rclxms.gif


smsid
post May 15 2025, 09:28 PM

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QUOTE(drug5 @ May 15 2025, 09:22 PM)
Which watch shop?? No gip details
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That's why news nowadays is so freaking useless, don't give any useful information and like to blur criminal face.

That's why scammers are thriving nowadays.

Only give long details when it involves pervert crap.

This post has been edited by smsid: May 15 2025, 09:30 PM
galkelly
post May 15 2025, 09:31 PM

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15M I also run liao lor....
Sumore sorhai wait ppl come my shop meh
party
post May 15 2025, 09:33 PM

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QUOTE(balambgarden @ May 15 2025, 09:25 PM)
Time & Times Luxe Empire
Amcorp mall
*
Hear mall name also was2 d la...at least kena con by shop in pavillion mall still believeable
ZeroSOFInfinity
post May 15 2025, 09:34 PM

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QUOTE(party @ May 15 2025, 09:33 PM)
Hear mall name also was2 d la...at least kena con by shop in pavillion mall still believeable
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And the owner is a........ Halal.....
Boomwick
post May 15 2025, 09:35 PM

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Wow sekali do big big songlap
ShadowR1
post May 15 2025, 09:35 PM

Im still HeRe ...
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15mil konlanpom seven eight early wear grass liow lor sohai.
party
post May 15 2025, 09:37 PM

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QUOTE(ZeroSOFInfinity @ May 15 2025, 09:34 PM)
And the owner is a........ Halal.....
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Tipu la..ini mule saja. Real boss dapig yahudi jew.

Edit: forgot ccp behind tis scam. Screw ccp

This post has been edited by party: May 15 2025, 09:38 PM
limfreelance
post May 15 2025, 09:39 PM

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jam rolex ke?
setakan kotak pon mau 4K liao
rooney723
post May 15 2025, 09:39 PM

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lol, then if like this then whats the use of investing into luxury watches? nowadays theres so many scams involving luxury watches doh.gif

first was the conmen buyer that gives a bounce check then ask lalamove to go collect the luxury watch

then there was the ABC scam that happened recently, the buyer go take loan from ahlong using the seller's information, then seller pass the watch to buyer and ahlong paid the seller, then ahlong ask back money from the seller

and then now this watch reseller scam doh.gif

so scary and dangerous la, better dont buy luxury watch as investment
reversependulum
post May 15 2025, 09:41 PM

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Rokek time so many scammer dunno they learn from who

sunami
post May 15 2025, 09:41 PM

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QUOTE(ZeroSOFInfinity @ May 15 2025, 10:34 PM)
And the owner is a........ Halal.....
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Klau tak tipu bukan ciiiiii.....
Eh eh eh...ayam conpuse...
cms
post May 15 2025, 09:44 PM

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Lolex.
GalaxyV
post May 15 2025, 09:44 PM

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the richer people think they are smart, but still kena tipu
SUSfuzzy
post May 15 2025, 09:44 PM

*pew pew pew*
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QUOTE(rooney723 @ May 15 2025, 09:39 PM)
lol, then if like this then whats the use of investing into luxury watches? nowadays theres so many scams involving luxury watches  doh.gif

first was the conmen buyer that gives a bounce check then ask lalamove to go collect the luxury watch

then there was the ABC scam that happened recently, the buyer go take loan from ahlong using the seller's information, then seller pass the watch to buyer and ahlong paid the seller, then ahlong ask back money from the seller

and then now this watch reseller scam doh.gif

so scary and dangerous la, better dont buy luxury watch as investment
*
These are stupid people that put their watches on consignment.

No need pity them.
TOMEI-R
post May 15 2025, 09:55 PM

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QUOTE(balambgarden @ May 15 2025, 09:25 PM)
Time & Times Luxe Empire
Amcorp mall
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WOw...Google rating 4.7. sweat.gif

user posted image
submergedx
post May 15 2025, 09:56 PM

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15mil.....

One month interest also got 60k
everyday goyang at Hawaii liao lo
Shanks747
post May 15 2025, 09:59 PM

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doremon watch still tell the same time xdxdxd
ze2
post May 15 2025, 11:59 PM

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QUOTE(ZeroSOFInfinity @ May 15 2025, 09:34 PM)
And the owner is a........ Halal.....
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Cun or not ?
Phoenix_KL
post May 16 2025, 12:02 AM

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run to other country already
h@ksam
post May 16 2025, 12:05 AM

@ is a
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goes to show liquidity of luxury watches is a tough journey
yehlai
post May 16 2025, 12:07 AM

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Normally watch shop don't do this kinda scams
many have run business for long and reputable.. tht's why ppl dare to consignment

This post has been edited by yehlai: May 16 2025, 12:08 AM
bill11
post May 16 2025, 12:10 AM

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QUOTE(yehlai @ May 16 2025, 12:07 AM)
Normally watch shop don't do this kinda scams
many have run business for long and reputable.. tht's why ppl dare to consignment
*
one of the victims mentioned he already deal with them for 20 years.. mana tau.. still run road.. lol
he lost -500k ,

ok la, I think <5% of his total networth
Juan86
post May 16 2025, 12:11 AM

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confirm kena buaya la those guy victim
netmatrix
post May 16 2025, 12:12 AM

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Damn!!! I saw this shop before. Never thought anything of it. End up is scam HQ. 😬
WhatMan
post May 16 2025, 12:14 AM

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Not a big lost for a 20 million of speculative value.
judas
post May 16 2025, 12:31 AM

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QUOTE(party @ May 15 2025, 09:37 PM)
Tipu la..ini mule saja. Real boss dapig yahudi jew.

Edit: forgot ccp behind tis scam. Screw ccp
*
ya ker? 'pakar jam tangan" wor...siap masuk paper lagi

user posted image

https://www.kosmo.com.my/2022/02/07/rubama-...m-tangan-mewah/
ze2
post May 16 2025, 12:40 AM

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QUOTE(Juan86 @ May 16 2025, 12:11 AM)
confirm kena buaya la those guy victim
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Kan ?

To Kan ni nia
yehlai
post May 16 2025, 12:54 AM

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QUOTE(judas @ May 16 2025, 12:31 AM)
ya ker? 'pakar jam tangan" wor...siap masuk paper lagi

user posted image

https://www.kosmo.com.my/2022/02/07/rubama-...m-tangan-mewah/
*
Checked Google.. same pic
they don't blame ppl stereotype
this industry damn fxxking small
do business most important is trust.. especially luxury good


user posted image

This post has been edited by yehlai: May 16 2025, 03:18 AM
poco loco
post May 16 2025, 02:53 AM

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15 mil....faster run laaaaaaaaaaaaaaaa....kena tangkap also nvm,tt money to other safe keep...after out from jail,no need work in lifetime liao...good plan....fak trust,trust cant be eaten
yehlai
post May 16 2025, 03:22 AM

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QUOTE(poco loco @ May 16 2025, 02:53 AM)
15 mil....faster run laaaaaaaaaaaaaaaa....kena tangkap also nvm,tt money to other safe keep...after out from jail,no need work in lifetime liao...good plan....fak trust,trust cant be eaten
*
Ppl here just too naive
you think why some ppl die at the street or back ally
some missing and not found

You want live the rest of your life in fear?
poco loco
post May 16 2025, 03:51 AM

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QUOTE(yehlai @ May 16 2025, 03:22 AM)
Ppl here just too naive
you think why some ppl die at the street or back ally
some missing and not found

You want live the rest of your life in fear?
*
15 MILLION
run ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
party
post May 16 2025, 07:01 AM

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QUOTE(judas @ May 16 2025, 12:31 AM)
ya ker? 'pakar jam tangan" wor...siap masuk paper lagi

user posted image

https://www.kosmo.com.my/2022/02/07/rubama-...m-tangan-mewah/
*
Mule je..fake boss. Real boss behind type abcde, big real boss ccp scammers tu.
party
post May 16 2025, 07:02 AM

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QUOTE(yehlai @ May 16 2025, 12:54 AM)
Checked Google.. same pic
they don't blame ppl stereotype
this industry damn fxxking small
do business most important is trust.. especially luxury good
user posted image
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Stereotype..if tat boss is ccp..now page 15 d.
Stigonboard
post May 16 2025, 07:04 AM

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QUOTE(balambgarden @ May 15 2025, 09:25 PM)
Time & Times Luxe Empire
Amcorp mall
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Sold my rolex there few years ago😮
thxxht
post May 16 2025, 07:14 AM

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QUOTE(balambgarden @ May 15 2025, 09:25 PM)
Time & Times Luxe Empire
Amcorp mall
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search on google, hnngggg lady, no wonder so easily kena con
and85rew
post May 16 2025, 07:17 AM

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Why people want to invest in luxury watches?
Skylinestar
post May 16 2025, 07:27 AM

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why no COD?
JasonthegreatTWO
post May 16 2025, 07:33 AM

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Why find Michael Ching instead of PPIM
Mr.Robert
post May 16 2025, 07:54 AM

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QUOTE(galkelly @ May 15 2025, 09:31 PM)
15M I also run liao lor....
Sumore sorhai wait ppl come my shop meh
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You got potential

Now u need courage and opportunity to do it tongue.gif
Mr.Robert
post May 16 2025, 07:57 AM

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QUOTE(judas @ May 16 2025, 12:31 AM)
ya ker? 'pakar jam tangan" wor...siap masuk paper lagi

user posted image

https://www.kosmo.com.my/2022/02/07/rubama-...m-tangan-mewah/
*
Can judge a person good or bad by their look? 👀

Any face reading expert?
bengang15
post May 16 2025, 08:00 AM

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QUOTE(and85rew @ May 16 2025, 07:17 AM)
Why people want to invest in luxury watches?
*
It too rich for my blood. But fact is it does appreciate.

thxxht
post May 16 2025, 08:18 AM

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QUOTE(bengang15 @ May 16 2025, 08:00 AM)
It too rich for my blood. But fact is it does appreciate.
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only really 1 brand (rolex) appreciates or can resell easily, the rest are shit investments, don't treat watch collecting as investments.
nelson969
post May 16 2025, 08:25 AM

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QUOTE(Skylinestar @ May 16 2025, 07:27 AM)
why no COD?
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such large cash use COD ?
hoonanoo
post May 16 2025, 08:26 AM

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QUOTE(balambgarden @ May 15 2025, 09:16 PM)


KUALA LUMPUR: Multiple police reports have been lodged after at least 20 individuals claimed to have lost over RM15mil in luxury timepieces to a watch reseller.

MCA Public Services and Complaints Department head Datuk Seri Michael Chong said clients had entrusted their watches to a shop operated by a woman, who would earn a commission once a sale was made.
However, Chong said problems began to surface in December last year, when the woman allegedly informed clients that their watches had been sold but failed to return the proceeds.

"She gave numerous excuses, ranging from delayed customer deposit payments to claiming she was suffering from mental health issues.
"This led many frustrated victims to visit her shop, only to find its doors shuttered since March this year," he told reporters during a press conference at Wisma MCA on Thursday (May 15).
*
Our country laws are like berak on scam prevention.

Seriously man, if Madani buck up and PN stop rambling on racing issues, and start to focus on social issues.

Start to discuss seriously on enacting laws to prevent scams
nelson969
post May 16 2025, 08:26 AM

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QUOTE(and85rew @ May 16 2025, 07:17 AM)
Why people want to invest in luxury watches?
*
resell and repeat the process , some say having watch is a symbol of status
JimbeamofNRT
post May 16 2025, 08:38 AM

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QUOTE(TOMEI-R @ May 15 2025, 09:55 PM)
WOw...Google rating 4.7. sweat.gif

user posted image
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4.7 based from 13 reviews. that's noob records

plenty of fellas offer Google Review service these days bro. can make it like organic within few weeks, using established Google accounts with 100+ reviews and pics+videos summore
bengang15
post May 16 2025, 11:43 AM

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QUOTE(thxxht @ May 16 2025, 08:18 AM)
only really 1 brand (rolex) appreciates or can resell easily, the rest are shit investments, don't treat watch collecting as investments.
*
Well there is AP and things like that. In anycase these are rich peoples gane la.


bengang15
post May 16 2025, 11:45 AM

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Also. I wonder why they cover their face ahhh
Autocountstick
post May 16 2025, 11:51 AM

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dawnreaver
post May 16 2025, 11:55 AM

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Next time go Singapore and sell lah.
rx330
post May 16 2025, 11:59 AM

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dunno she out of mental institute boh
ShadowR1
post May 16 2025, 12:57 PM

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QUOTE(bengang15 @ May 16 2025, 11:45 AM)
Also. I wonder why they cover their face ahhh
*
Tutup malu.
bengang15
post May 16 2025, 01:05 PM

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QUOTE(ShadowR1 @ May 16 2025, 12:57 PM)
Tutup malu.
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Most look young. Really la. This watch thing is rich man's domain.
karazure
post May 16 2025, 01:06 PM

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bolehland full of sohei....kecian
thxxht
post May 16 2025, 04:44 PM

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QUOTE(hoonanoo @ May 16 2025, 08:26 AM)
Our country laws are like berak on scam prevention.

Seriously man, if Madani buck up and PN stop rambling on racing issues, and start to focus on social issues.

Start to discuss seriously on enacting laws to prevent scams
*
honestly running a legit business in this country is tough, you get bogged down by taxes, audits, competition..etc. jilake declare less taxes they come after you immediately but when there are criminal / fraud cases it takes them forever to take action. It is no wonder why so many would rather scam others, it's just much easier since enforcement is lax.
Boomwick
post May 16 2025, 04:50 PM

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QUOTE(Mr.Robert @ May 16 2025, 07:57 AM)
Can judge a person good or bad by their look? 👀

Any face reading expert?
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Got some cunning nose style like rosmah
roymustang
post May 16 2025, 05:03 PM

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nama owner macam dari negara konoha ja
Skylinestar
post May 16 2025, 09:03 PM

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QUOTE(nelson969 @ May 16 2025, 08:25 AM)
such large cash use COD ?
*
direct e-banking when handover product. why so difficult? is this something that me B40 don't understand? confused.gif

This post has been edited by Skylinestar: May 16 2025, 09:03 PM
hoonanoo
post May 17 2025, 08:35 AM

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QUOTE(thxxht @ May 16 2025, 04:44 PM)
honestly running a legit business in this country is tough, you get bogged down by taxes, audits, competition..etc. jilake declare less taxes they come after you immediately but when there are criminal / fraud cases it takes them forever to take action. It is no wonder why so many would rather scam others, it's just much easier since enforcement is lax.
*
I got scammed 8k by a vendor's employee.

Fortunately the vendor was willing to borne the losses.

Call the polis, they just say its a commercial case, call the lawyers.

In USA, fraud is a crime, just look at the singer Sean Kingston, police arrested him for fraud case.

Our outdated laws need to be overhauled.

Parliament everyday just argue on irrelevant issues. Madani tepuk dada everything ok. PN, only care about RnR issues, incompetent in their own state SG4.

Nowadays, nobody can be trusted.

It got me to be more careful, when paying anything > 1k.

This post has been edited by hoonanoo: May 17 2025, 08:38 AM
kenuism
post May 17 2025, 08:45 AM

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good scam
andyng38
post May 17 2025, 08:51 AM

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Passions watch exchange of singapore had an outlet in bangsar...i think they're still operating.

 

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