Chapter
17-Year-Old Hedge Fund Manager Scams Investors
29:13 - 32:06 (02:53)
A 17-year-old hedge fund manager, Jacob Wohl, scammed investors by claiming massive losses when they tried to withdraw their money and working as a fund manager before being registered, which is a crime.
Clips
An investigation by the National Futures Association found that Jacob Wohl, posing as a hedge fund manager, committed fraud by claiming massive losses when investors tried to withdraw their money.
29:13 - 30:47 (01:34)
Investment Fraud
Summary
An investigation by the National Futures Association found that Jacob Wohl, posing as a hedge fund manager, committed fraud by claiming massive losses when investors tried to withdraw their money. Wohl had also worked as an unregistered fund manager prior to this scam.
Chapter17-Year-Old Hedge Fund Manager Scams Investors
EpisodeJacob Wohl And The Krassensteins: A Tale of Several Grifters
PodcastBehind the Bastards
Jacob Wohl's father, who is a lawyer, allegedly threatened to call the police on examiners from the National Futures Association who were investigating his son.
30:47 - 32:06 (01:18)
Jacob Wohl
Summary
Jacob Wohl's father, who is a lawyer, allegedly threatened to call the police on examiners from the National Futures Association who were investigating his son. The investigation had found evidence that Wohl may have misrepresented his credentials to investors.