Read time: 1 minute

Jacob Wohl Charged With Felony For Illegal Security Sales

Before Jacob Wohl was a Trump shill, he scammed people with securities sales schemes. Now it's catching up with him.
Jacob Wohl Charged With Felony For Illegal Security Sales
Image from: Screen shot

There's a reason smarmy little brats like Jacob Wohl end up aligning with the Republican Party: Their little scams are training for scamming voters.

Before he was a Trump shill, Jacob Wohl got into some trouble in Arizona with a securities scam that earned him a lifetime ban from the National Futures Association. In addition to scamming funds from people who actually invested with him, Wohl claimed (at age 18) that he had been selling securities for 9 years. Mmmhmm.

Now California is after him. He was charged with a felony for unlawful sale of securities.

Daily Beast:

The allegation that Wohl and Johnson unlawfully sold securities centers on one of Wohl’s financial companies, Montgomery Assets. A warrant application filed by the Riverside County District Attorney’s Office notes that the three-year statute of limitations on the case was set to expire at the end of August 2019, meaning prosecutors had to file by the end of last month if they wanted to pursue charges.

“In 2016 Jacob Wohl and Matthew Johnson represented themselves as members of a company called Montgomery Assets,” the warrant application reads. “On July 27, 2016 through August 27, 2016 Jacob Wohl and Matthew Johnson offered for sale unqualified securities in violation of California Corporations Code 25110 which has a three year statute of limitations and must be tolled by the issuance of an arrest warrant.”

Lock. Him. Up.

Can you help us out?

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $20 for 2020? Please consider a one time or recurring donation of whatever amount you can spare, or consider subscribing for an ad-free experience. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team