Jacob Wohl is someone whose name started popping up in the news in recent times because of his support for Donald Trump. Supposedly, he is a hedge fund manager. In practice, well, suffice to say that it is no secret that he has lied about his numbers on more than one occasion, meaning that interested individuals want to look elsewhere than this self-proclaimed wunderkind. Here are 10 fun facts that people may or may not have known about Jacob Wohl:
1. He Supports Donald Trump
Wohl became noticed because of his support for Donald Trump. In particular, he received some attention from Fox and other conservative-leaning news sites for being an example of a young Trump supporter.
2. He Has Been Retweeted By Donald Trump
So far, Trump has retweeted Wohl on more than one occasion. This is perhaps unsurprising, seeing as how Wohl is an eager participant in the back-and-forth that takes place whenever the current President of the United States tweets. As a result, Wohl has posted some rather outlandish tweets over time.
3. He Has Complained About Liberals Not Complaining About the UK
For example, Wohl has tweeted to complain about liberals complaining about Russia but not complaining about the "anti-democratic" monarchies that can be found in Qatar, Saudi Arabia, the United Arab Emirates, and the United Kingdom. There are, of course, two problems with this statement. One, liberals tend to loathe the Gulf monarchies. Two, the implicit comparison of the United Kingdom with the Gulf monarchies is ridiculous because the British monarchy has much less say over British politics than their Gulf counterparts over their politics.
4. He Has Claimed that the Iranians Will Welcome Being Bombed
Wohl is one of a number of public figures in the United States who have been expressing very optimistic views about what will happen should the United States choose to bomb Iran. To be exact, Wohl has claimed that he has received numerous messages from Iranians saying that they would welcome the United States bombing their country, which perhaps unsurprisingly, he has produced no evidence for.
5. He Has His Own News Site
Amusingly, Wohl has his own news site, which is supposed to exist for the purpose of combating "fake news." Currently, this news site is called the Washington Reporter, but in the past, it was called Offended America. For those who are curious, Medias Bias/Fact Check has called it a questionable source, citing its use of emotional language in addition to both bad sources and bad sourcing for the purpose of creating a narrative that is favorable towards the political right 100 percent of the time.
6. His Father Is a Frequent Fox Guest
It is interesting to note that Wohl's father is David Wohl, who some people might recognize as a lawyer who shows up on Fox from time to time. Bloomberg has stated that Wohl's initial appearance on Fox was arranged by his father David.
7. Claims to Be the Youngest Hedge Fund Manager
Wohl has claimed to be the youngest hedge fund manager in the world. It is clear that he has managed money for other people, but considering the bodies that have looked into his practices, people might want to be cautious about believing what Wohl says.
8. The National Futures Association Banned Him
Montgomery Assets isn't Wohl's first effort in the world of investing. He and his previous business called Wohl Capital Investment Group actually got banned by a self-regulatory organization called the National Futures Association, which was looking into it because of complaints launched by a client named David Diedrich. Wohl brazenly refused to cooperate with its examiners, stating that because he had cancelled his membership, they no longer had the right to look into his activities.
9. The Arizona Corporation Commission Has Pointed Out Some of His Lies
Speaking of which, the National Futures Association is far from being the sole regulatory organization interested in what Wohl has been doing. For proof, the Arizona Corporation Commission pointed out some of Wohl's lies, with an excellent example being his claim that he managed $10 million for 178 investors when he was actually managing no more than $500,000 for 13 investors. Something that contributed to its claim that Wohl had violated Arizona's securities laws.
10. David Diedrich Suffered For His Choice to Believe Jacob Wohl
As for David Diedrich, he was told by Wohl that his initial investment of $75,000 had grown to $89,500. However, when Diedrich asked for his money back, he wasn't able to get it until he had made multiple requests. Even then, he received no more than $44,000 of the supposed $89,500, which explains why he launched his complaint.
Written by Garrett Parker
Read more posts by Garrett Parker