Tyson Scholz guilty of riding motorcycle without helmet, harassing parasailor

A high-flying private equity merchant who stylised himself as the “wolf trader” has pleaded guilty to riding a Harley Davidson without a license and harassing a parasailor.

A high-flying private equity merchant who stylised himself as the “wolf trader” filmed himself riding a Harley Davidson despite not having a motorbike licence.

Tyson Robert Scholz was also not wearing a helmet when he used a mobile phone to film the video of him driving around a gated Paradise Point community on August 14 last year.

Scholz pleaded guilty in the Southport Magistrates Court on Thursday to driving without a licence, driving while using a mobile phone, riding a motorbike while not wearing a helmet and not fulfilling his obligation while operating a ship.

ASIC has filed action against Tyson Scholz to stop him from providing financial services without a license.

Scholz on a shooting trip in New Zealand.

His defense lawyer implored Magistrate Kerry Magee to let the contentious trader retain his license because he needs to “frequent trips to different banks” to “facilitate large transactions”.

Magistrate fined him $1500.

He did not lose his car licence.

Police prosecutor Sergeant Nicole Conditsis said the video of Scholz had been sent to police after it had been taken.

They noted he had filmed himself using the mobile phone outstretched in one hand.

She told the court that on August 29 Scholz was in charge of a boat which went too close to a parasailor.

Tyson Scholz appeared at Southport court charged with driving offences. Picture: Adam Head

Scholz’s lawyer Blake Fraser said the 36-year-old had purchased the Harley Davidson with plans to get a licence.

“He was naive to the fact that being in a gated community falls in definition of a road,” he said.

Mr Fraser said Scholz believed that because he was not outside the gates he was not on a public road.

He told the court that the boat incident occurred in the seaway as he was passing a parasailing boat and a trawler was coming towards him.

Mr Fraser said instead of slowing down Scholz continued his path.

Picture: Adam Head

Picture: Adam Head

He told the court Scholz had sold both his motorbike and his boat since the incident.

He asked Magistrate Magee not to disqualify Scholz from driving.

“He needs to make frequent trips to different banks in his local area to facilitate large transactions as well as meeting with other clients,” he said.

Mr Fraser said Scholz was remorseful for his actions.

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