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Abhushan jewellery ( NJ old scam) ki ...

Chalanachithram.com DB » New TF Industry Related » Archive through July 01, 2016 » Abhushan jewellery ( NJ old scam) ki kasta oorata.. « Previous Next »
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True_indian
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Posted on Wednesday, June 29, 2016 - 08:06 pm:       


Andhravodu:

pretty sure it was 2009. nenu aa time appudu apartment shift ayyi 35 miles drives chesa to Edison, that's how I remember



2008-2009 you are right

but he started doing it from 2006
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

Andhravodu
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Posted on Wednesday, June 29, 2016 - 07:32 pm:       


King:

this was in 2006-07


pretty sure it was 2009. nenu aa time appudu apartment shift ayyi 35 miles drives chesa to Edison, that's how I remember
Some things don't change. the rest are useless
 

Vjawarrior
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Posted on Wednesday, June 29, 2016 - 06:32 pm:       


True_indian:


thanks AW and vja
so far i havent got any communications

l lodi, 28k matash

1kg plus konna, chus mari bad yaa


OMG...sorry bro to hear...asalu emaindi...
gold koni vaadi deggare interest kosam pettara and vaadu motham denkesi india vellipoyaada?
 

Gotcha
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Posted on Wednesday, June 29, 2016 - 06:32 pm:       

Ccdb mudurlu enti bagane debbaku tinaru kada
...
 

Andhrawala
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Posted on Wednesday, June 29, 2016 - 06:31 pm:       


Abcdefghij:

if someone pay's for gold why wont they take it?

assuming gold will go down so that they get the gold + difference?




Gold price always fluctuates

Generally people tend to buy when Gold is in uptrend

ee scheme lo manam konnakaa okaa 2-3 months wait chesthee manam konnakaa lowerst price emanna vasthee aa price ki manaki vasthundhi
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Vja2va
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Posted on Wednesday, June 29, 2016 - 06:20 pm:       


True_indian:

called andrea dobin office will get a check for 140 dollars, madisi pettuko ani cheppa




Why 140.. People are saying 7.x%?


Abcdefghij:




Ustad:




Owner does futures trading in gold with the deposits and that's how it covers risk in this scheme ani manavallu briefed me..
I never had a second thought.. :-)



Twitter:



manollu = TTs -- Telugu tammullu ( TDP telugu tammullu ani kadu)
 

Whyme
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Posted on Wednesday, June 29, 2016 - 05:01 pm:       


Rasputin:

140 . I agree. 3 glenmorangie bottles vasthaayi uncle




situation ki taggattu ga Goldlabel aithey better emo ani naa leaves feeling
 

True_indian
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Posted on Wednesday, June 29, 2016 - 05:00 pm:       


King:



thats how rich people become more rich
next time party on your name


rasp and whymeuncle

e sari laptop aabhushan ke name
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

Abcdefghij
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Posted on Wednesday, June 29, 2016 - 04:49 pm:       


King:

his was in 2006-07. Nenu kuda lonta ante aadu, repu raa annadu.. Light teesukunna as I was visiting NJ. Maa cousin ki padindi bagane band..around 10K




america lo okkati enti ante free/easy ante edo loophole vundi anni first brain loki ekkali...atage munduku povali...first couple of people might be getting/reaping but thats their pure luck

chivaraki 50% sale anna kuda catch vuntadi....

hope db people did not loose much in this....
intention entha manchi aiyna its not easy with schemes like these...may be first 10-20people might have got it and made profit rest antha gali lo deepame...
Post by Knf: bittter annai, welcome RS prakasam varaku madi, Prakasm nunchi UA vaaraku meeedi
http://www.chalanachithram.com/cgi-bin/discus/show.cgi?tpc=115&post=5144373#POST5144373
 

Rasputin
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Posted on Wednesday, June 29, 2016 - 04:49 pm:       

7.3% antey $1500+ raavaali kada?
01/06/2012 - 169.4; 8/1/2013 - 182
 

Rasputin
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Posted on Wednesday, June 29, 2016 - 04:47 pm:       


whyme:

140


. I agree. 3 glenmorangie bottles vasthaayi uncle
01/06/2012 - 169.4; 8/1/2013 - 182
 

Vasu
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Posted on Wednesday, June 29, 2016 - 04:31 pm:       


True_indian:

i know a friend( consulting) bought 250k gold with him


unnada poyada athanu?
 

King
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Posted on Wednesday, June 29, 2016 - 04:31 pm:       


Abcdefghij:

seriously that too in 2000



this was in 2006-07. Nenu kuda lonta ante aadu, repu raa annadu.. Light teesukunna as I was visiting NJ. Maa cousin ki padindi bagane band..around 10K
 

Whyme
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Posted on Wednesday, June 29, 2016 - 04:21 pm:       


True_indian:




Vunkul take that $140 - daanitho taagi paradobbudam
 

Abcdefghij
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Posted on Wednesday, June 29, 2016 - 04:18 pm:       


True_indian:



sorry to hear about the loss....in mean time take that $140...though it's nothing.....get couple power-ball tickets and see if it hits:-):-)

i can understand if you are buying in large amount and it fluctuates etc...its business its all part of life.... but

i am talking about regular guys....if you pay for gold coin better take it...not that gold is gonna go from 1000 to 100 etc anni...
Post by Knf: bittter annai, welcome RS prakasam varaku madi, Prakasm nunchi UA vaaraku meeedi
http://www.chalanachithram.com/cgi-bin/discus/show.cgi?tpc=115&post=5144373#POST5144373
 

True_indian
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Posted on Wednesday, June 29, 2016 - 04:12 pm:       


Abcdefghij:

ustad



gold was in shortage at that time, kitco also had 1-2 months wait
his anaylsis was gold didnt move that much in a month
he used to use that money for his business
but eventually he went above his calculation
i know a friend( consulting) bought 250k gold with him

its a ponzi scheme, reason i bought is, 3-4 times he paid me according to the agreement and also i thought he has shop and i can get something else

after he died, rachna talked to me and said take diamond instead of gold but police sized everything

anyways less learnt
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

Abcdefghij
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Posted on Wednesday, June 29, 2016 - 03:59 pm:       


Andhrawala:

U can buy Gold at today's price of $1350 (say) by paying the full amount but dont take delivery

after a month the price goes to 1500 and still u can get it for 1350. But if the price goes down to 1200 u can get ur gold and also the difference of $150




not sure i understood it right

if someone pay's for gold why wont they take it?

assuming gold will go down so that they get the gold + difference?

seriously that too in 2000
Post by Knf: bittter annai, welcome RS prakasam varaku madi, Prakasm nunchi UA vaaraku meeedi
http://www.chalanachithram.com/cgi-bin/discus/show.cgi?tpc=115&post=5144373#POST5144373
 

Ferrari
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Posted on Wednesday, June 29, 2016 - 03:48 pm:       


Rajusk:

adi telisina ventane..Hanmakonda chourastha nunchi oka 100 Sumos start ayyi untai..towards Karimnagar..

konni Hasanparthy deggara aagipoyina..migithavi mee inti munduku vachi aagi untai


e sumos ma A valle start chesaru ani warrior kurrod antadu ippudu..:D
 

Ustad
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Posted on Wednesday, June 29, 2016 - 03:43 pm:       


Dhonifan:

periginappudu elagu interest kuda untundhi kabatti adhi akkada compensate ayipotundhi


Most of the time, change is gold price will be much higher than accrued interest. It still doesn't add up.
I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw
 

Ustad
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Posted on Wednesday, June 29, 2016 - 03:40 pm:       


Stellar:

Just like maddoff or any ponzi schemers


We know this is a ponzi in hindsight. What I am unable to understand is, what was customer thinking like how is jeweler to going to pay back. What is in it for him to run such a scheme where it is win-win for customer.
I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw
 

Stellar
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Posted on Wednesday, June 29, 2016 - 03:34 pm:       


Ustad:

But, what is in it for jeweler. How was he supposed to make money?




Just like maddoff or any ponzi schemers
 

Dhonifan
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Posted on Wednesday, June 29, 2016 - 03:33 pm:       


Ustad:

But, what is in it for jeweler. How was he supposed to make money?


naa understanding idhi.

I mean ila idea veyochu.

money collect chesi interest ki isthey interest vastha untadhi. rate tagginappudu evadannna adigite just principal(gold plus extra amnt) isthe sari potundhi.

periginappudu elagu interest kuda untundhi kabatti adhi akkada compensate ayipotundhi
 

Ustad
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Posted on Wednesday, June 29, 2016 - 03:26 pm:       


True_indian:

its not cheap, it was ponzi scheme, naku kitco kante cheap emi kadu
there was no gold available and i did business with him multiple times
he paid on time, i used to live in newyork and new jersey , met him lot of times
bought regular and made gold items tons of times



I understand it's a win-win for customer. But, what is in it for jeweler. How was he supposed to make money?

Just trying to understand how did customers took the bait.
I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw
 

Rajusk
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Posted on Wednesday, June 29, 2016 - 03:05 pm:       


Ferrari:

T_I annai range maamoldhi kaadhu kadha..2009 time lo London ki vasttuna ani call chesadu..so Travel_lodge ani koncham dabbulu takkuva lodge book chestha ani cheppa..




adi telisina ventane..Hanmakonda chourastha nunchi oka 100 Sumos start ayyi untai..towards Karimnagar..

konni Hasanparthy deggara aagipoyina..migithavi mee inti munduku vachi aagi untai :D
 

Ferrari
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Posted on Wednesday, June 29, 2016 - 02:52 pm:       

T_I annai range maamoldhi kaadhu kadha..2009 time lo London ki vasttuna ani call chesadu..so Travel_lodge ani koncham dabbulu takkuva lodge book chestha ani cheppa..ippudu adhi taluchukunte
 

Uppu
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Posted on Wednesday, June 29, 2016 - 02:29 pm:       


True_indian:


nuvvu avesapadaku, nenu annadi adu mosam chesi ade peru tho business ela chestunnadu ante. Nuvvu kattini dabbulu gurinch kadu
 

True_indian
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Posted on Wednesday, June 29, 2016 - 02:27 pm:       


Uppu:

manollaki siggu undadu kada ok $5 takkuva unte ega badataru. Same to Same , Bayarea Balreddy incident taruvatha lot of people stopped going to Pasand. Konta mandi takkuvaki vastundani kakkurthi padi Birthday parities chese vallu




neku aaku ki p teliyadu e case lo kani koddiga sookti muktavali vere thread lo cheppu

its not cheap, it was ponzi scheme, naku kitco kante cheap emi kadu
there was no gold available and i did business with him multiple times
he paid on time, i used to live in newyork and new jersey , met him lot of times
bought regular and made gold items tons of times
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

True_indian
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Posted on Wednesday, June 29, 2016 - 02:24 pm:       


Vja2va:



called andrea dobin office

will get a check for 140 dollars, madisi pettuko ani cheppa

lan... charged more than 2 million for the case,

she is the trustee lawyer denemma

for 2-3 yrs all i was getting was the list of her charges

chus
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

Uppu
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Posted on Wednesday, June 29, 2016 - 02:24 pm:       


Andhrawala:

Aabhushan Jewellers ki ee incident tharuvaatha goodwill badhulu badwill or bad reputation vuntundhi kathaa. Why are they operating with same name??


manollaki siggu undadu kada ok $5 takkuva unte ega badataru. Same to Same , Bayarea Balreddy incident taruvatha lot of people stopped going to Pasand. Konta mandi takkuvaki vastundani kakkurthi padi Birthday parities chese vallu
 

Rajin
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Posted on Wednesday, June 29, 2016 - 02:11 pm:       


Vja2va:

evmitlo



Stellar:


http://www.nj.com/news/index.ssf/2009/06/edison_jewelry_stor e_owner_die.html



patelaasss ante caste kosam kaadi , gujju naa ani asked annai , link lo bhalla ani vundi sardars ani anukuntunna ...
 

Stellar
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Posted on Wednesday, June 29, 2016 - 02:07 pm:       


Rajin:

evaru annai patelaaassssss aaa




http://www.nj.com/news/index.ssf/2009/06/edison_jewelry_stor e_owner_die.html
 

Twitter
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Posted on Wednesday, June 29, 2016 - 02:07 pm:       


Vja2va:

manollu ante kasta feeling




 

Vja2va
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Posted on Wednesday, June 29, 2016 - 02:05 pm:       


Andhrawala:

Aabhushan Jewellers ki ee incident tharuvaatha goodwill badhulu badwill or bad reputation vuntundhi kathaa. Why are they operating with same name??




Business running good anukunta.. NJ king sesani need to brief us..
Columbus lo kuda branch aapiece undi anta..


Rajin:

evaru annai patelaaassssss aaa



Northies ani telusu specific ga evmitlo teliyadu..( :-) )
 

Stellar
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Posted on Wednesday, June 29, 2016 - 02:04 pm:       


Andhrawala:

Why are they operating with same name??




baaga kalisi vachindemo
 

Andhrawala
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Posted on Wednesday, June 29, 2016 - 02:00 pm:       


Vja2va:

worst part emiti ante.. they filed bankruptcy and then they bought the business licence or name for $500 and they are still continuing in the same building. Shop full of gold and they don't need to give to the people that they owe earlier..




Aabhushan Jewellers ki ee incident tharuvaatha goodwill badhulu badwill or bad reputation vuntundhi kathaa. Why are they operating with same name??
No Signature
 

Rajin
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Posted on Wednesday, June 29, 2016 - 01:58 pm:       


Vja2va:

then they bought the business licence or name for $500 and they are still continuing in the same building.


evaru annai patelaaassssss aaa
 

Vja2va
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Posted on Wednesday, June 29, 2016 - 01:57 pm:       


Twitter:

ee thread open chesi chadhive lopu TI ki aa lost money antha turn over untadhi ..




Avunu anuko but ela aina manollu ante kasta feeling untadi kada..
 

Vja2va
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Posted on Wednesday, June 29, 2016 - 01:55 pm:       


Rajin:

ikkadaa kudaa vunnayaa ...




worst part emiti ante.. they filed bankruptcy and then they bought the business licence or name for $500 and they are still continuing in the same building. Shop full of gold and they don't need to give to the people that they owe earlier..
 

Andhrawala
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Posted on Wednesday, June 29, 2016 - 01:55 pm:       


Kranth1:

http://www.nj.com/news/index.ssf/2009/08/clients_say_edison_ jewelry_sto.html




Charlotte kurrodu is Warangal Zamindaar TI
No Signature
 

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Posted on Wednesday, June 29, 2016 - 01:54 pm:       


Vja2va:

T_I. Sorry for your loss ..




ee thread open chesi chadhive lopu TI ki aa lost money antha turn over untadhi ..nee sorry ni fold chesi..anukuntadu ayana choosthe :D
 

Rajin
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Posted on Wednesday, June 29, 2016 - 01:51 pm:       


Andhrawala:

Aabushan has a scheme.

U can buy Gold at today's price of $1350 (say) by paying the full amount but dont take delivery

after a month the price goes to 1500 and still u can get it for 1350. But if the price goes down to 1200 u can get ur gold and also the difference of $150

Back in year 2000, I bought 5 oz godl waited for 3-4 months but price remained static so took delivery of gold

TI (being Warangal Zamindaar) bro bought 1 kg gold paying around 28K. Before he took delivery , Aabushan owner died withs oem electric shock and the family said thooch. we have no responsibility




india lo elanti chaala common kada .. ikkadaa kudaa vunnayaa ...
T_I annai naa SOY for you , 28K ante ammoo..recovery ki chance vundaaa?
 

Kranth1
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Posted on Wednesday, June 29, 2016 - 01:50 pm:       

http://www.nj.com/news/index.ssf/2009/08/clients_say_edison_ jewelry_sto.html
Eppudu raajakeeya nayakulni vimarsinche pourudu raajakeeya nayakudu ayithe inka ekkuva dochukuntadu - RGV
 

Vja2va
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Posted on Wednesday, June 29, 2016 - 01:50 pm:       

Here are some useful info T_I. Sorry for your loss ..

the check was for the dividend of 7.32 percent for the money we have submitted the claim for. I got one yesterday. (someone emailed)

I just talked to Andrea, she told pass this email address to the group, so that who ever need to change the address can send the details to this email id.
tolsen@trenklawfirm.com
include the name, old address and new address information in the email.
(someone emailed)
 

Dhonifan
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Posted on Wednesday, June 29, 2016 - 01:50 pm:       

matter enti?
 

Andhrawala
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Posted on Wednesday, June 29, 2016 - 01:48 pm:       


Rajin:

asla enti ee scam ? please brief...




Aabushan has a scheme.

U can buy Gold at today's price of $1350 (say) by paying the full amount but dont take delivery

after a month the price goes to 1500 and still u can get it for 1350. But if the price goes down to 1200 u can get ur gold and also the difference of $150

Back in year 2000, I bought 5 oz godl waited for 3-4 months but price remained static so took delivery of gold

TI (being Warangal Zamindaar) bro bought 1 kg gold paying around 28K. Before he took delivery , Aabushan owner died withs oem electric shock and the family said thooch. we have no responsibility
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Rajin
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Username: Rajin

Post Number: 14365
Registered: 05-2012
Posted From: 69.32.128.19

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Posted on Wednesday, June 29, 2016 - 01:45 pm:       

asla enti ee scam ? please brief...
 

True_indian
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Username: True_indian

Post Number: 12938
Registered: 01-2008
Posted From: 143.165.48.50

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Posted on Wednesday, June 29, 2016 - 01:41 pm:       


Andhrawala:

Bump for TI



thanks AW and vja
so far i havent got any communications

l lodi, 28k matash

1kg plus konna, chus mari bad yaa
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

Vja2va
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Username: Vja2va

Post Number: 4459
Registered: 11-2014
Posted From: 158.74.35.6

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Posted on Wednesday, June 29, 2016 - 01:27 pm:       


Andhrawala:

Bump for TI




Varnee... Antha pedda amount pettadu ee Jamindar kurrod.. CHARLOTTE,NC aa TI?
Chass.... Darunam...
 

Andhrawala
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Username: Andhrawala

Post Number: 52229
Registered: 03-2008
Posted From: 152.51.56.1

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Posted on Wednesday, June 29, 2016 - 01:22 pm:       

Bump for TI
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Stellar
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Username: Stellar

Post Number: 4816
Registered: 02-2016
Posted From: 192.200.5.41

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Posted on Wednesday, June 29, 2016 - 08:33 am:       


Vja2va:

I bought 10 coins and hold with them for few months (guess 6 months) and took delivery as we went to India one month before the mess happened .. So.




mamulu sudi kaadu :D
 

Vja2va
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Username: Vja2va

Post Number: 4450
Registered: 11-2014
Posted From: 158.74.35.6

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Posted on Wednesday, June 29, 2016 - 08:16 am:       


Stellar:

meeku vachinda mail? entha pettaru?




I bought 10 coins and hold with them for few months (guess 6 months) and took delivery as we went to India one month before the mess happened .. So..
 

Stellar
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Username: Stellar

Post Number: 4812
Registered: 02-2016
Posted From: 192.200.5.41

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Posted on Wednesday, June 29, 2016 - 08:13 am:       


Vja2va:




meeku vachinda mail? entha pettaru? :D
 

Vja2va
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Username: Vja2va

Post Number: 4448
Registered: 11-2014
Posted From: 158.74.35.6

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Posted on Wednesday, June 29, 2016 - 08:03 am:       

T_I should check the mail carefully so he don't throw it on trash thinking some junk offer like a few already did.
 

Aggipidugu116
Comedian
Username: Aggipidugu116

Post Number: 1947
Registered: 07-2014
Posted From: 72.78.82.193

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Posted on Wednesday, June 29, 2016 - 07:53 am:       

what happened ?
 

Stellar
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Username: Stellar

Post Number: 4808
Registered: 02-2016
Posted From: 192.200.5.41

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Posted on Wednesday, June 29, 2016 - 07:52 am:       

owner suicide chesukunnad kada appatlo?
 

Andhrawala
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Username: Andhrawala

Post Number: 52190
Registered: 03-2008
Posted From: 152.51.56.1

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Posted on Wednesday, June 29, 2016 - 07:51 am:       

True_Indian kurrodu had put around 20K in that
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Andhravodu
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Username: Andhravodu

Post Number: 1089
Registered: 07-2015
Posted From: 69.62.241.11

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Posted on Wednesday, June 29, 2016 - 07:49 am:       

naku trutilo tappina pramadam. nannu dabbulu adigite oka week tarvata ista ani cheppa. money ivvataniki store vellali annaru, even if I use check payment etc. work busy undi, oka 3 days vellaledu, weekend velte shop moosesi oka letter petti undi, closed and no more operations ani.. almost 3.5 varaku katte vadini for 2 biscuits, saved my azz
Some things don't change. the rest are useless
 

Vja2va
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Username: Vja2va

Post Number: 4446
Registered: 11-2014
Posted From: 158.74.35.6

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Posted on Wednesday, June 29, 2016 - 06:50 am:       

Edo 7% ki checks vastunnay anta kada.. Evarina unnara bhaditulu ee DB la.. I don't think so as ccdb DBers are mudurs..

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