Sometimes, when you are struggling for a blog topic, one falls right in your lap. ARE YOU KIDDING ME?
SEC Charges Nationally Known Psychic in Multi-Million Dollar Securities Fraud
FOR IMMEDIATE RELEASE
2010-34
Washington, D.C., March 4, 2010 — The Securities and Exchange Commission today charged a self-proclaimed psychic who fraudulently raised $6 million after telling investors he could predict stock market highs and lows.
The SEC’s charges were filed in U.S. District Court for the Southern District of New York against Sean David Morton, who bills himself as “America’s Prophet,” as well as three corporate entities that Morton co-owns with his wife Melissa Morton under the umbrella of the Delphi Associates Investment Group. More
