Self-Proclaimed ‘Psychic’ Charged with Investor Fraud

For you Delphi investors wondering what to do next: 1.go back to work. 2.Save up your money. 3.Give your savings to Mr. Morton when he gets out of jail because I’m sure this is only a temporary set-back. 4.Have a nice day.

NOTE TO DUMMIES: If your “financial advisor” has a professional picture of himself with Fluffy on his shoulder that alone should throw red flags at you so fast you would have to take over. These investors paid a “stupid tax” to this guy.

I would have thought that being a “psychic” he would have been able to divine that an investigation was coming his way. Guess not.

This toolbag is very popular on the Coast to Coast Am radio show. I wonder if the meth head shut ins and Tin foil hat wearing wack jobs will show up to defend this thief. I doubt it myself those freaks are to weird.
I can’t believe idiots fell for this. Made off, I can sort understand that one, but a “psychic” investor? get the hell out of town you definitely deserved to get ripped off over that one.

I’m rolling my eyes. How can anyone with so much money be so stupid to believe in this crap? Even I know there’s no such thing as this so-called pyschic proclaimed in predicting the stock market. No one can predict it. It’s a game that people play daily, not predicting how it will come out a month or year from now.

Oh yeah! Investment advice from a “psychic”….how dumb can some people be?

How can anyone in their right mind even think giving this man money for anything.
I guess some people in this world are desperate but this is way over the top and that is a fact.

Honest, I though he was on the level. Please don’t sue us, ok??????

Yeah, people are stupid. If only they’d found some guy with high yields, a great reputation, and the endorsement of the regulators. Maybe someone with a nice, honest, solid name… like Bernie, yeah.
Bottom line: our financial system is a joke. It’s like Vegas. They will all cheat you if they get the chance. At least this clown was obvious about it.

Anyone foolish enough to believe in the paranormal or in psychics are too foolish to be allowed to have cash in their pockets. The more financial clout they have, the more harm they’ll do to themselves and those around them. In a way, Morton did these people a favor.

I have a real problem with people professing to be a ‘religious organization’ non-profit or not, absconding with other people’s money. ‘Thou shalt not steal’ applies even today, or maybe he missed that day in class. He should have started in Genesis (from the beginning). That is a universal ‘command’ that every society under the heavens have laws regarding taking something that is not legally or rightfully yours. It is called theft by commission. Caveat, ‘innocent until proven guilty’. A prophet works for good, not to distract or sway others from the true message. You missed the boat sir.

Looking at this picture I bet he would predict that the price of kitty litter stock is going up. Just be sure and cover your assets.

O.K. seriously. This is SO stupid I find it hard to have empathy for anybody he took to the cleaners.

It’s too bad that the SEC couldn’t act as fast to protect investors from a mega thief like Bernie Madoff instead of protecting dummies from Morton. At least he’s honestly saying he uses whatever he thinks his psychic abilities are to predict the stocks. If people are stupid enough to believe this, they SHOULD be taken. The SEC should be protecting us from crooks like Madoff totally misrepresent themselves. But then again….that would probably hit a little too close to home for some of the SEC “investigators” considering one of them was married to Bernie’s niece.

Now that the SEC has busted the devious Mortons, maybe they’ll be willing to take in the Squid. But I won’t hold my breath waiting.

Oh, yea. All you guys jumping around gleeing in someone else’s downfall, just ask yourself what if Sean Morton is being wrongly accused? And, how would you feel if the tables were turned and it was you who were facing 10 to 15 years in federal prison? Think about that before you judge Sean.

this cat should have been a televangelist…that way you can work the rubes and the feds can’t touch you…if you mess with the s.e.c. then you deserve what you get…ha,ha,ha.

Is anybody really impressed by that picture with the article?

The real question is, did anyone make any money?

Hey, why not go with him? He couldn’t have lost any more of my money than my CFP advisor did with his MBA from a prestigious university.

I am a personal friend of David Morton and not exactly shocked. We are both regulars on “Coast To Coast” radio with George Noory. But the major difference between us is that I am real and prove it daily on all major websites. I wish people would investigate further so-called prophets, psychics and mediums because there is only one one thin hair between divine information and pure imagination.
Dr. Turi

Odd.
He was highly recommended by Miss Cleo.

A fool and his money are soon parted.

So much for any more predictions of global warming with there most reliable source in jail.

What’s really fun though, is its actually the cat who’s pyschic…

Bit of wisdom I heard long ago… If the good Lord had not meant for them to be shorn, the good Lord would not have made them sheep.
I’m afraid that I have very little sympathy for fools.

Considering how poorly our tax dollars are spent, I can understand why these people might put their faith in psychics. It’s a crapshoot whether your going to get a good deal one way or another.

His only fault was not having enough money to pay the SEC to look the other way. Like Bernie Madoff did for years.

Wow, the SEC was all over this “psychics” 6 million dollar scam.
I wonder how they could have missed Bernie Madoff’s 60 billion dollar scam.

Some psychic, he didn’t see this coming.

I wonder if Art Bell gave him any money?

Awesome – paying a guy with a fat cat so they can BE a Fat Cat!

I believe his dad was head of one of the big aerospace companies at one time. Also I heard him on CtoC one evening when he assured everyone that USC would beat Texas in the Nat Champ
game. He’s a big USC fan.

Sean: Here’s some free non-psychic investment advice: now is the time to make a quick sizeable political contribution, then ask for a billion-dollar bailout. All will be forgiven, you’ll get lots of $ for free and you can get that cat off your shoulder.

Let’s not be too harsh on this guy and those who followed his advice.
Look at all the mainstream financial pundits and gurus along with Ben Bernanke who didn’t see the approach of the pin which popped the real estate bubble and thus led their gullible followers over the cliff. How many trillions of dollars has that incompetence cost so far?
Most modern economists and investment advisers are no better than psychics in the quality of their investment advice.

How can you PROVE someone is not psychic unless he claims to be all-knowing? Should people who believe in psychics be allowed to invest?

Thank you Sean David Morton for taking all that money from those mental midget UFO worshipers and putting it in circulation among the rest of us.

There are self-proclaimed “psychics” and there are the “psychos” who believe in them.

“Oh yeah! Investment advice from a “psychic”….how dumb can some people be?”
FOX news and reality television dominate television programming, we cut education funding at every available opportunity, and our education curriculum is starting to lean towards pseudoscience and politics rather than science and math.
How dumb can some people be? I’m not even sure where to start answering that.

I can honestly say I have zero sympathy for anyone who invested with this clown.

Really – with all problems on Wall Street, this is the best that the S.E.C. can do? Both investors following this guy and the S.E.C. collectively need to have their heads examined.

Nowadays, How do make a million in the stock market?? Start with 3 million

Seriously, why is the government working on this at all? These people gave their money to a self-professed psychic. They deserve everything they got and more.

Over 100 “investors”? Where’d their psychic get his information? Reading tea leaves? Pawing through his cat’s furballs? His hocus pocus pose at the beach should have alerted these “investors” to this carny clown’s investment scam. Who’d they think he was? Ross Perot?

I’m not psychic, but people ask me if I am. I have a little white odd-eye cat like “Fluffy”, but he isn’t into the financial scene. I hope the big cat gets a good home when the people go to jail. Cat’s probably stone deaf.

My financial advisor had told me after the 2008 crash that it was time to buy. But a few mintues later he confessed to not having any experience with what was going to happen. Just ask ANY advisor to guarantee their predictions and you will get a BIG FAT NO! Enough said. P.S. I have taken all my $ out of the stock market, uhm, I mean casino.

To starry: our education needs to focus on “science and math”. Lol…the Holy Bible is the only thing you need. Ten years from now all the “science” you know now will be “proven” false. You still believe in human-caused global warming? Only fools who don’t know their Bible would fall for a scam like this.

And he never saw it coming…
Not much of a psychic is he..

He doesn’t own a comb and his cats overweight two big red flags.

I’ve seen Morton’s routine in the past – he takes information from other people who are knowledgeable in metaphysics and UFO/conspiracy subjects and combines it with his own emebellishments and self-promotion – intuitive guidance can assist in investment choices but it’s foolish to give your money to an alleged psychic to invest… Morton did share some useful info over the years about the occult forces working to manipulate things and people using that info could have profited applying that info to investing strategies – no psychic talent was necessary to see the trends of the NWO agenda unfolding.

What does it matter if he claims to be psychic or not? why not bash all currency traders and financial advisors across the board if you have lost money with them in the last two years.

Good news and I hope for more of this. So many crooks go free. Soros for example. Even though he did encounter with the justice in his youth. Bernanke, Greenspan and so many politicians, Goldman Sachs send the board to prison. Why did they have a hearing with Maddoff behind closed doors? Because you’re not trusted.