A Newport Beach jeweler named Nelson Andres Holdo is facing felony charges after California's Attorney General accused him of running a "Phantom Rolex Scheme" stealing nearly $1.5 million from 22 victims who paid for Rolex watches that never existed. We also react to your comments and get into the Omega Seamaster Diver 300M Chronograph 007 First Light, the first-ever James Bond chronograph. Worth it or overhyped? Plus: will Cartier discontinue the Pasha? Several models have quietly disappeared from Cartier's website and the watch community is wonder why. We share our take. And the Rolex secondary market keeps shifting, so we run through the models dropping below retail in May 2026, including the Yacht-Master, Sea-Dweller, and Datejust, and whether now is the time to buy.