Jacob Wohl, for those out of loop, gained quite a bit of notoriety for becoming the youngest guy to ever get himself barred for life from the financial industry. Now he's waiting in our lobby to pitch something. We're a large merchant bank. 2/
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Send him in, we said. In walks young Jacob asking to be seeded with $25mm to start a new hedge fund in exchange for an ownership stake in it. Oh, & he needs an office. And a Bloomberg station. And needs to borrow staff until he can hire some guys. And he needs a leased car... 3/
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And he needs an answer today. Right now. Because there's a competing offer from Izzy Englander's firm Millenium (we know those guys well). We fight the urge to literally start laughing, but do ask him...hey, you the same guy who got banned by regulators? He didn't even flinch 4/
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He went on about that being untrue & handed over a letter he said was from his lawyer who had confirmed he was not barred, had been vindicated but it 'just wasn't in the system yet at the SEC, CFTC'...whatever that means. 5/
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One of my colleagues politely told Jacob that we don't usually do seed deals & when we do it's only after someone works here as a PM for a few years, so no. Take the deal with Izzy, kid. We ended the meeting right there. 6/
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The attorney letter was on obviously forged letterhead for Davis Polk (including a wrong address). Less than an hour later we get a call from someone we know at Millenium asking who the hell this kid using our name to get a meeting is. We had a laugh. Hey, the kid tried. /fin
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Guts, initiative, boldness, doesn't hesitate to lie... He's got a very bright future in this country
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Can you imagine only being 20 and already being banned in the finance sector and then being like - I have a great
! When he’s sitting in prison I wonder if he will be like where did I go wrong? -
Nope he’ll use that time to devise another scheme to make money - the next con is just around the corner
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Hm. Sounds like he’d be a perfect presidential candidate someday.
#VoteBlueToSaveOurSouls
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Maybe he'll run as 'David Dennison'... ;-)
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Let’s make sure he sees this shall we,
@JacobAWohl

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He blocked me I had to keep reminding him adults are talking
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Just give him this. He knows what it is. Proof he’s a fraud and a liar.pic.twitter.com/3WQZBXMFKL
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I have many times!
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This is the image he blocked me for :)
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Huh, I need to try that. I mean, I'm sure
@JacobAWohl is eager to respond about this picture and surely not at all being dodgy. Absolutely. This was the graphic, right?pic.twitter.com/BsdCHlU3gW
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The very one. :) Best of luck!
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