***As predicted by girlonfireca.com and BLOGGED ABOUT MONTHS AGO. THREE BUSINESS “GANGMEMBERS” of JOHN PAUL DEJORIA have been arrested in one year. NOW, THE FRAUDS ARE DEFRAUDING ONE ANOTHER. BOOM!
~ WEST PALM BEACH – Janet Musgrave/Palm Beach Post — A Delray Beach heir to a grocery store fortune who counted Boston Red Sox owner John Henry as a friend and former Miami Dolphins quarterback Dan Marino as a business partner was indicted Tuesday on nine charges of bank fraud.
Scott Woolley, 58, is accused of embezzling nearly $1 million while working as CEO of a skin care product company launched by his frequent business partner, self-made billionaire John Paul DeJoria, according to court records. DeJoria is best known as co-founder of Paul Mitchell Hair Care and Patron Spirits.
Woolley, a serial entrepreneur who was once a prime player in Palm Beach County’s long-emerging TV production industry, was charged last month with one count of bank fraud and released on a $200,000 bond. The nine-count indictment was handed up Tuesday.
While DeJoria is identified only by his initials in court documents, federal agents said he called Woolley in September 2017 to ask why the skin care products company wasn’t making any money.
Woolley admitted he took about $500,000 from Aubio Life Science accounts to make a down payment on a $1.8 million house off Linton Boulevard just west of Delray, according to U.S. Secret Service agent Steven Chandler. Woolley promised to repay the money when he could.
His admission prompted an audit of the company that makes cold-sore gels and other over-the-counter lip care products. Bank records showed that from January 2016 to December 2017, Woolley moved nearly $1 million from Aubio into his personal and business accounts, Chandler said in court papers.
Neither Woolley nor his attorney were immediately available for comment.
Woolley helped his father turn Woolley’s Fine Foods in Boca Raton into a small chain with about 40 locations statewide. As a hobby, Woolley began doing video production for the stores, he has said in interviews.
In 1992, he turned his avocation into a business, launching Five Star Productions in Boca with DeJoria’s help. It grew into a multi-million-dollar business producing sports, health and entertainment shows that aired on various networks. A weekly series was shown on the Lifetime Television Network.
Along the way, Woolley picked up three regional Emmy awards, including one for “Breaking the Curse of the Bambino,” a documentary that touted Henry’s role in the Red Sox’s 2004 World Series championship.
To celebrate the team’s historic win after an 86-year drought, Woolley hosted a star-studded party at his Delray Beach home complete with a replica of the famed Green Monster, the towering left field wall at the team’s Fenway Park in Boston. Henry, former owner of the Florida Marlins, was feted.
In 2009, however, Woolley said he lost it all — his money and his company — in a failed venture with a Pompano Beach company, according to a lawsuit he filed in Palm Beach County Circuit Court. The suit was settled a month after it was filed for undisclosed terms.
Since then, he has been involved in other ventures, including the 2017 launch of Rock N Roll Tequila with former Miami Dolphins quarterback Dan Marino, who was both a partner and a pitchman.~
~ Five Star counted hair guru John Paul Dejoria, chairman of John Paul Mitchell Systems, as a partner. The company fashioned syndicated news and information programs starring such celebrities as Ed Begley Jr., Cindy Williams, George Hamilton and Kim Alexis. It even handled sports animation and computer graphics for baseball’s Florida Marlins and hockey’s Florida Panthers. By 2001, Five Star was up to 70 employees.
Things didn’t go as planned. In the September complaint filed by Woolley and Five Star, Woolley alleges BrandStar never paid him $314,000 in consulting fees, never repaid him a $250,000 advance, and never paid $1.2 million in rent. Even worse, Woolley alleges BrandStar stripped Five Star’s Boca Raton studio, walking out in February with equipment, computers and employees – all unrelated to BrandStar.
Among the files removed were those of Paul Mitchell, the Dan Marino Foundation and Alonzo Mourning Charities.