FlyerTalk Forums - View Single Post - Collector gets 422 million AmEx (China) points wth Chenghua era cup purchase
Old Jul 19, 2014 | 1:11 pm
  #25  
sthubbar
 
Join Date: Jun 2011
Location: PEK
Programs: SPG Plat, A3 *A Gold, HH Gold, IHG Plat
Posts: 392
Originally Posted by dchen2
True... and with all the conspiracy theories, here's another angle.

I heard a common kickback/bribery scheme in China (now that there is the tightening net on corruption) is people/companies would overpay for auction items owned by the being bribed person or even intentionally buy an counterfeit art piece from an bribed person at the full, if the item was authentic, price.
Bribery?! Who me?! I thought $200,000 seemed like a fair price for a "Rollx" watch, I see celebrities advertising them all the time.
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