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Finnish police seize watches worth $2.6M from Hex founder Richard Heart: Report

Finnish police have seized more than $2.6 million worth of luxury watches from Hex founder Richard Heart, who is wanted on tax fraud and assault charges in the country.

Finnish police reportedly seized about $2.6 million worth of luxury watches from Hex founder Richard Schueler, also known as Richard Heart, who is wanted for tax evasion and assault in Finland.

Police seized 20 luxury watches, mostly Rolexes, which are believed to be Schueler’s and were left in a residence in the city of Espoo, Finland’s national broadcaster Yleisradio Oy (Yle) reported on Jan. 7.

The combined value of the watches came to $2.68 million, according to a combination of receipts and estimates from a luxury goods expert. 

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SEC serves suit to evasive Richard Heart in Finland, but not in person

The suit was served via an alternate method, as process servers were unsuccessful in contacting Richard Heart in person for months.

The United States Securities and Exchange Commission said it served its lawsuit to HEX founder Richard Schueler — aka Richard Heart — at his house in Finland’s capital of Helsinki.

In a Dec. 11 New York District Court filing, the SEC said it served Heart through substitute service on Oct. 31 — an alternative for when a suit can’t be personally delivered to the defendant typically due to difficulties in locating them.

The process server said they made several failed attempts over nearly seven weeks starting Sept. 13 to personally serve Heart through calls, texts, letters, and attempts to reach him in person at his Helsinki residence.

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