SAPULPA — The former CEO of Paragon has been sinking into a morass of financial and legal difficulties that are worsening.
On October 30, 2025, a United States District Court Grand Jury in the Southern District of New York returned an indictment charging Derek Wachob with one count of wire fraud.
An arrest warrant was then issued on Tuesday, November 18, and Wachob was taken into custody by the FBI at his home in Sapulpa. He was later released on bail…