Former Paragon CEO wins bid to buy back seized Glenpool property
TULSA, Okla. – Former Paragon Industries CEO Derek Wachob bought back one of his former Oklahoma properties after it had been seized as part of efforts to collect millions of dollars he allegedly owes under a court-ordered settlement.
Wachob attended a Tulsa County sheriff’s sale and successfully bid $1,806,000 for a commercial property near Highway 75 and West 121st Street South in Glenpool. The property had previously been seized after a federal judge found Wachob had failed to pay a $26 million settlement to former friends and investors Skip and Chad Braver…