Apr 13, 2010

Sean David Morton back to business

After initially publishing that an "official press release" would be coming regarding charges that Sean David Morton defrauded investors out of over $6mil, it looks like it is back to business as usual for Morton.

The image left shows Morton's website announcing a pending press release that never came to be. Morton's website is now back in operation after it was practically left bare days after the SEC announcing its lawsuit against Morton.

Morton is again back to his old hat of hawking his predictions and making appearances at New Age variety events.

For one speaking event he will be at, Morton has his biography listed, which includes, "His political and economic predictions shocked the nation. [...] He also predicted exact dates for the post-90's decline of the DOW and NASDAQ, and has given the exact levels -- and timing-of their subsequent rise and fall. "

I'm sure this claim of Morton's alleged accuracy in predicting the markets will come to a shock to all of his investors who lost their money.

Apr 7, 2010

Criminal Charges In Sean David Morton's Furture?


With current and pending civil lawsuits, will criminal charges be filed in the case of the so-called psychic accused of swindling $6mil ?

With the SEC announcing its filing of civil litigation against Sean David Morton, coupled with private litigation, the logical question that comes to mind is if criminal charges will be filed.

In 1992, supposed psychic Sylvia Browne was criminally charged for diverting funds from a mining investment operation into her psychic research foundation. While it wasn't anything near the $6,000,000 Sean David Morton is accused of defrauding investors of, Morton's legal woes certainly do refelct the case of Browne's.

Of course, any time investor fraud is brought up, one cannot but help to think of Bernie Madoff and the hefty 150 year prison sentence he received for his massive Ponzi scheme. Madoff's troubles began once the SEC decided to take a closer look at what he was doing with investor funds.

Since it is patently clear nobody can rely on Morton for tomorrow's headlines today, we'll all just have to wait for tomorrow's news tomorrow.


© Photo copyright 2010 ufowatchdog.com

Apr 1, 2010

"I believe in Sean David Morton"


One Sean David Morton supporter named Mike Bara (pictured above) declares in a video, "I believe in Sean David Morton," while displaying and pointing out a button of Morton worn on a shirt.

While one person may declare a belief in Sean David Morton, there are over one-hundred investors who are out $6,800,000.00 that would likely disagree with such an assertion of faith. What good is a psychic who can't see the future? You'd think Morton would have seen all of the personal lawsuits against him that have cropped up, with Morton apparently losing them all, including a recent case where an investor alleged he was defrauded of $217,000.00 It's frightening to see how anyone could believe in Sean David Morton at this point, let alone any of his claims or obviously bogus psychic powers.

Mar 27, 2010

Calling All Investors of the Delphi Associates Investment Group

CONTACT UFOWATCHDOG.COM
If you were one of the over one-hundred investors who lost part of the over $6,000,000 in what the SEC is calling an investment scheme carried out by Sean David Morton and Melissa Ann Morton (both pictured left), please contact ufowatchdog.com.

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, ufowatchdog.com 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 ufowatchdog.com, is an apartment space rented by Morton.

ufowatchdog.com 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.


"...my 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.

Mar 18, 2010

Inside Edition Investigates Sean David Morton

Newsmagazine Confronts Alleged Psychic
Con Artist

Inside Edition today confronted Sean David Morton outside of his long rented apartment in Hermosa Beach, California. Click here to read the Inside Edition piece.

Confronted by correspondent Matt Meagher, Sean David Morton was asked, "Can you tell us where the six million dollars that investors gave to you went? Can you talk to us about your psychic powers?

Sean David Morton responded, "I don't know what you're talking about," with Meagher asking Morton, "Are you a bad investor or just a lousy psychic? Or both?"

The SEC's lawsuit against Sean David Morton and his wife, Melissa Morton, is set for a hearing this month. The SEC has accused The Mortons of defrauding investors out of over $6,000,000.00, including a 91 year old woman out of $150,000.00.

For more on Sean David Morton, please see the definitive ufowatchdog.com investigation:

The Shameless Psychic and His Prophecy of Lies

Mar 12, 2010

SEC Fraud Lawsuit Against Sean David Morton Not First, Likely Not Last

Bunk Psychic and Wife Sued by Former Investors

ABOVE: Ill-gotten gains? The SEC alleges Sean David Morton (right) and Melissa Morton (left) defrauded investors out of over $6,000,000.00.

Self proclaimed psychic Sean David Morton and his wife (some might say accomplice) Melissa Morton are alleged to have scammed investors out of over $6,000,000 in a scheme the SEC claims that Sean David Morton told investors and potential investors he could predict the outcome of trading foreign currencies.

Sean David Morton was so bold with his claims that he wrote to potential investors, “I have called ALL the highs and lows of the market, giving EXACT DATES for rises and crashes over the last 14 years,” while alleging the investment had at one point made a 117% profit. Apparently that boast turned out to be just that, and the SEC isn't the only lawsuit The Mortons are or have faced in connection with their alleged $6,000,000 fraud.

In various lawsuits filed by private parties, there have been at least four separate legal actions filed against Sean David Morton, Melissa Morton, and their companies used in the allaeged fraud racket; Vajra Productions, LLC, 27 Investments, LLC, Delphi Associates Investment Group, and Magic Eight Ball Distributing, Inc., including the two following cases from a year ago: Saunders v. Morton et al (Verrmont) Bass v. Morton et al (Washington tate) In the official complaint filed against the The Mortons by the SEC, mention is made of at least two New York residents successfully suing The Mortons.

It is unknown how many other lawsuits have been filed against The Mortons, but surely with over one-hundred investors allegedly being defrauded, there are likely more lawsuits on the way. It's already been said, but how did such a supposedly successful psychic not foresee such an event coming into his life? Perhaps he was too busy seeing dollar signs...

Bunk Psychic Released from Prison