General Discussion
In reply to the discussion: Now you've done it. You've made Jacob Wohl angry. [View all]struggle4progress
(127,172 posts)Lorraine Longhi, Arizona Republic
Published 3:10 p.m. MT Nov. 2, 2018
Updated 3:30 p.m. MT Nov. 2, 2018
... A 2017 Arizona Corporation Commission cease-and-desist order leveled the allegations against Wohl, finding he violated securities law by misleading investors about how much of their money would be at risk, and misrepresenting his company's size. The commission ordered him to pay $32,919 in restitution and penalties totaling $5,000.
Wohl's attorney told the commission in 2017 that Wohl was unable to make the first payment and asked for a four-week continuance.
"I'm wondering why we're going through this exercise, and why you think your client is going to make payment on a later date if he's not able to make payment today," Commissioner Boyd Dunn said ...
Wohl has not paid any of the money he owes the commission, according to a commission spokeswoman. The commission has referred the matter to the Attorney Generals Office collections unit ...
https://www.azcentral.com/story/money/business/consumers/2018/11/02/hipster-coffee-shop-guy-jacob-wohl-said-defraud-arizona-investors/1838652002/