A self-proclaimed “wolf” stock trader who boasted of his luxury life and then claimed he was on Centrelink when he was ordered to pay his mother $ 750,000 is back in business.
Tyson Robert Scholz, 36, has been caught forging a glamorous wedding proposal to boyfriend Sophie Lee Anderson with a helicopter, diamond rings and a private jet.
The video, which Mr Scholz posted on social media, caught the eyes of Queensland police like it Gold Coast trader had not filed a recent application for a border passport.
Due to Covid restrictions, anyone wishing to enter Queensland must complete a border application and test negative up to 72 hours before entry.
Controversial trader Tyson Scholz (pictured right) with longtime partner Sophie Lee Anderson (left)
Sophie Lee Anderson’s hand (pictured) with diamond rings and champagne
When police spoke to Mr Scholz, he told them that the jet footage was old and that he had not left the state for several months.
A check of his phone confirmed that this was the case.
Gold Coast police confirmed that officers spoke to Mr Scholz and that no crime had been committed.
Although the footage was intertwined from different occasions to make it look like it was all part of the same extensive adventure, the Daily Mail Australia understands that the marriage proposal itself was genuine and included a helicopter ride to the Gold Coast.
Scholz, who is below investigation by the Australian Securities and Investments Commission into allegations that he acted as an unlicensed financial adviser, regularly uses Instagram – where he posts as ASX Wolf – to portray a lavish lifestyle.
Along with his glamorous fiancee, there were also expensive overseas vacations and a yellow $ 320,000 Lamborghini.
When Lamborghini was later seized by police due to multiple speeding offenses, it turned out to be leased.
Tyson Scholz’s lavish wedding proposal to Sophie Lee Anderson (pictured) was not all it was supposed to be.
It is not suggested that Mrs Anderson had any knowledge of Mr Scholz’s business covered by the ASIC investigation or the trial of his mother.
After a court ordered him to pay his mother $ 750,000 from an investment deal, Mr Scholz said he was on unemployment benefits with a reported income of only 44c every fortnight.
Sir. Scholz of Paradise Point claimed in October 2019 that he could not afford a plane ticket back to the Gold Coast from Sydney and was seeking Centrelink payments to buy food, court documents showed.
But a few days later, he posted a picture on his ASXWolf social media account, a picture of a $ 5,000 fuel bill for a speedboat on the Gold Coast and other pictures claiming he enjoyed the ‘Gold Coast sunset’.
In the following weeks, he wrote about enjoying a day out on a jet ski near the Gold Coast theme park Sea World along with posts to his thousands of followers with stock tips and investments.
Wannabe ‘wolves’ stock trader Tyson Scholz has been caught forging parts of a detailed proposal to his girlfriend Sophie Lee Anderson with a helicopter, diamonds and a private jet. Pictured are Mrs Anderson’s Mr Scholz hands
Some of his postings on social media were offered as evidence against him in the Brisbane Supreme Court in a case brought by his mother, Judith Gibbs.
Ms. Gibbs gave her son her $ 530,000 life savings in 2013 to invest in a Subway sandwich shop on the Gold Coast, according to her claim.
Sir. Scholz, which already owned three Subway stores, did not transfer ownership of the store to her name, but rather retained it under the title Gold Coast Investments Pty Ltd.
Six years later, she had not received a penny from the business, so she initiated proceedings.
Sophie Lee Anderson (pictured left) and fiance Tyson Scholz (pictured right) use social media to portray a glamorous lifestyle
A transcript of a telephone conversation entered as evidence showed that Mr Scholz said he needed ‘$ 2,500 a week’ and had to ‘continue to maintain his lifestyle for the picture’.
During the conversation, he offered to pay his mother $ 150,000 to settle the dispute with money he earned in the stock market.
Sir. Scholz said he liked eating out and buying clothes because “that’s what social media is all about”.
“I have expensive taste,” he said in the transcript.
Scholz is due back in court next year on charges of driving and sailing, and he has been ordered to stop promoting stock market and financial tips on social media.
He denies ASIC alleging that he acted as an unauthorized financial advisor.
Sophie Lee Anderson (pictured left) and fiance Tyson Scholz (pictured right) have been caught forging parts of his wedding proposal to her