A Humble man faces felony charges for an elaborate years-long scheme that defrauded investors of nearly a quarter million dollars. He promised discounted Rolex watches and investment returns, but victims say they never saw any watches or received their promised profits.
‘Expensive lesson’: Houston -area victims lose thousands in high-end Rolex watch investment schemeLIVE RADAR: Cold, heavy rainfall to hit the Houston area ThursdayCLICK2SAVE DEALS
“No,” Jackson said. “He said the watches would go to a warehouse...like somewhere downtown....and then from there they would be sold.” At least three other victims are named in charging documents, some who told KPRC 2 they just wanted to get a watch through Joseph.One victim told KPRC 2 Joseph met his targets through Houston’s Indian community or at church and sometimes used religion to convince them.
“A friend, I don’t care, a family member, no one gets that amount of trust, you know, especially when it comes to money,” Jackson said.The same day Joseph was charged in this scheme, records show he got hit with another theft charge for allegedly renting a 2024 Toyota 4-Runner and never returning it.
Fraud Investment Scheme Rolex Houston Criminal Charges
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