Mar 22, 2010

Does Sean David Morton owe the IRS $750,000? If So, Did He See It Coming?

While this information remains unconfirmed at this time, has received a report that the Internal Revenue Service has placed a lien against Sean David Morton in the amount of $750,000.00.

Sources close to an investigation into the accusation made by the SEC that Morton (pictured left) scammed investors out of over $6,000,000 state that the IRS has just filed the lien against Morton and that it is tied into Morton's business front known as the Prophecy Research Institute, which, as long ago reported by, is an apartment space rented by Morton. also reported that the Prophecy Research Institute was not listed as a non-profit organization according to Publication 78, the IRS's official publication on non-profit entities operating within the United States.

Attempts at the time of this blog post to confirm the information went unanswered.

“I have called ALL the highs and lows of the market, giving EXACT DATES
for rises and crashes over the last 14 years.”

-- Sean David Morton - July 20, 2006 in his Delphi Associates newsletter.

" wife and I are facing personal bankruptcy and incurred the single largest losses of any of the investors involved. We LOST our money right along with everyone else."

--Sean David Morton, March 04, 2010 in a statement posted on the
Coast To Coast AM
radio website.

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Stan Freidman, 1935-2019