Danbury Club Owned by Teen Accused of Running Ponzi Scheme Cited for License Violation

Tuxedo Junction, a downtown juice bar run by a 19-year-old accused of running a Ponzi scheme will be closed for the next 30 days, the News Times reports.

According to the paper, the establishment, operated by Danbury High School graduate Ian Bick has been cited three times in the last four years for alcohol violations. This time the violation comes after a vendor was serving alcohol at a concert held at Tuxedo Junction that was billed for those 18 and older.

The entertainment license held by Tuxedo Junction mandates a wall or a city-approved divider separate the area where alcohol is served, the paper reports. The establishment does not have a liquor license, however the vendor did have one.

Related:

• Danbury Teen Nightclub Owner Ian Bick Faces Allegations by IRS, FBI of Running Ponzi Scheme
• Father of Danbury Teen Club Owner Accused of Running Ponzi Scheme Speaks Out
• Danbury Teen Charged by Feds with Running Ponzi Scheme Says Tuxedo Junction Will Go On
• Danbury Teen Entrepreneur Tries to Change Tainted Image of Tuxedo Junction

If a fourth violation occurrs, Bick’s license will be revoked.

Bick was arrested on federal charges in January accusing him of defrauding over 15 investors out of nearly $500,000.

He has been charged with 11 counts of wire fraud, which carry a maximum term of imprisonment of 20 years on each count, three counts of money laundering, which carry a maximum term of imprisonment of 10 years on each count, and one count of making a false statement to federal law enforcement, which carries a maximum term of imprisonment of five years.

Read the full News Times report here.

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