Not worth the risk, to be honest. You don't know how deep the mold has penetrated into the cheese, and without a microscope, you will never know if you've shaved off enough to fully remove the mold.
Also, mold spores are all over the place. They float around in the air. You breathe them in all the time. If you got visible mold growing on a cheese, there's a good chance that there's not-yet-visible mold growing in other spots, too.