The TV producer bought a $1.8 million Florida home. How he did it earned him prison
A $1.8 million, five-bedroom, seven-bathroom Delray Beach home will be up for sale soon while the TV producer owner does a little prison time for wire fraud.
Scott Woolley, 59, will lose the house along with his freedom to five months of prison and three years of supervised release. He’ll lkose the house in forfeiture because Woolley made the down payment with the approximately $500,000 that he embezzled from Aubio Life Sciences.
Woolley ripped off billionaire, Paul Mitchell products co-founder and longtime friend John Paul DeJoria after DeJoria made Woolley CEO of a lip and cold sore care company.
But, in a letter to U.S. District Court Judge Robin Rosenberg before sentencing, Tiffany Woolley said DeJoria “orchestrated our demise” by muscling them out of a business distributing DeJoria’s pet care products. That, Tiffany said, provided half their family income.
The Palm Beach Post says Woolley told the court he took the $500,000 for his oldest daughter. The 13-year-old has autism, is homeschooled and feels most comfortable in the house that Woolley built at 16260 Bridlewood Circle in 2000 and had sold in 2014 for $2.35 million. The Woolleys also have twin 10-year-old daughters.
Woolley’s admission of facts says DeJoria asked him in September 2017 why Aubio wasn’t profitable. That’s when Woolley told DeJoria about the $500,000.
Woolley didn’t cover up anything. He opened bank accounts for Aubio Life Retail and SW Group at Bank of America. Then, he moved money to the newly set up accounts he controlled from another Aubio account, signing a signature card that stated he was moving the money for Aubio business.
Tiffany Woolley’s letter described it as “Scott did a loan,” and claims her husband told DeJoria that he’d pay it back at any interest rate dictated.
His admission of facts says “Woolley told (DeJoria) that he intended to repay the funds before anyone became aware that he took the money. When requested to return the funds, Woolley stated that he did not currently have the means to do so.”
Being Aubio Life CEO looks like a side gig on Woolley’s LinkedIn page. The Scott Woolley Entertainment Company claims to have produced content ranging from Shakira and Gloria Estefan videos to several syndicated television shows. Woolley also runs The SW Group USA, another marketing and entertainment company.
One of SW Group’s clients was Aubio Life, founded and controlled by DeJoria. Woolley also was a partner in Alexis DeJoria Racing, the team named for DeJoria’s drag racing daughter, the 2014 U.S. Nationals Funny Car champion.
John Paul DeJoria picked Woolley to take over as Aubio’s CEO at a salary of $156,000 per year in 2016.
“Scott is an honest man,” DeJoria told the South Florida Sun-Sentinel in October 2016. “He has business experience, not directly with what Aubio is doing, but in other areas.”
This story was originally published February 16, 2020 at 1:28 PM.
