If You’ve Ever Met Sean, You Are Zero Degrees Away From a Man Charged by the SEC
March 5th, 2010 admin
As far as SEC targets go, well, this one feels like some pretty low-hanging fruit. The SEC recently filed a civil suit against Sean David Morton, alleging he lied about using his psychic expertise in investing more than $6 million from investors. Click here for the WSJ story; here for the NYT story. Morton, of Hermosa Beach, Calif., who the SEC said bills himself as “America’s Prophet,” solicited individuals over nationally syndicated radio broadcasts, public appearances and newsletters to put money into a fund he called Delphi Associates Investment Group. He claimed his psychic ability would be used to invest in foreign currencies, the SEC said in…
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