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  • S.E.C. Sues Sean Morton, 'America's Prophet,' for Fraud

    03/05/2010 6:41:25 AM PST · by hennie pennie · 8 replies · 393+ views
    New York Times ^ | March 5, 2010 | Michael J. de la Merced
    He calls himself "America's Prophet," a psychic, trained by Nepalese monks in the art of time travel, who can foretell the future of the stock market. But to the authorities, Sean David Morton is simply a fraud - and a really, really bad psychic. In a case that seems ripped from the pages of the satirical newspaper The Onion, the Securities and Exchange Commission sued Mr. Morton for securities fraud on Thursday, claiming he swindled more than $6 million from investors by promising them "piles of money," along with spiritual happiness. "I have called ALL the highs and lows of...