Omega says three former employees faked a watch it paid $3.4 million for, per Switzerland's NZZ. A representative told Bloomberg the watch was a "Frankenstein" that was made of several parts. It was bought by Omega for just over 3.1 million Swiss Francs, or about $3.4 million – a record price for a Speedmaster, per Bloomberg. But according to a statement Omega gave to Bloomberg, the watch was instead a "Frankenstein" that contained mostly authentic parts from other vintage watches. It told Bloomberg it couldn't say who brought the watch to auction.

---

Persons: Omega, —, Raynald Aeschlimann, NZZ, Phillips, Omega didn't Organizations: Bloomberg, Omega, Service, Neue Zürcher Zeitung, Omega Museum Locations: Swiss