Wolf raid: the 36-year-old ASX trader who ‘made $1m in 28 weeks’

Tyson Scholz has attracted 22,300 followers, with his flashy social-media lifestyle and trading activity. But amid an ASIC probe, he says he’s done nothing wrong.

Liam Walsh, Jemima Whyte and Jonathan Shapiro

Updated Nov 26, 2021 – 2.37pm, first published at 12.20pm

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The image of a blue Lamborghini and black Ferrari, parked next to each other, screams sharemarket success.

It’s a sunny day in late October outside a Gold Coast coffee shop and the blue 2017 Aventador S, selling for more than $720,000, flashes the licence plate “ASX Bull”. Next to it is the black 2017 Ferrari 488 GTB, which can fetch $470,000 and boasts a top speed of 330 kilometres an hour. Its plate blares “ASX Wolf”.

Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane.

Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years.

Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney.