A former businessman has been found guilty of orchestrating a brazen extortion scheme targeting luxury watch collectors and dealers in Brooklyn. The conviction marks a significant victory for law enforcement officials who had been investigating the defendant's alleged activities for months. According to prosecutors, the defendant used a combination of intimidation and threats to coerce victims into handing over their valuable timepieces, often at significantly reduced prices. The case highlights the growing concern over organized crime's increasing involvement in the high-end luxury goods market.


Man convicted in luxury watch extortion scheme  Brooklyn Eagle