Saturday, March 6, 2010

Dude, Great Marketing Photo!

A self-proclaimed psychic who called himself "America's Prophet" and claimed the ability to predict stock market changes was charged today by the Securities & Exchange Commission with multi-million dollar securities fraud.




Sean David Morton started to solicit investors in the summer of 2006 by promising to use his psychic abilities for investment guidance, the SEC alleged in the complaint.

Morton "I have called all the highs and lows of the market, giving exact dates for rises and crashes over the last 14 years," Morton said in a newsletter to potential investors. Along with his newsletter, Morton also used his website, public speaking engagements, and appearances on a nationally syndicated radio show to promote his Delphi Investment Group.


I can see his defense right now:

"Oh, you thought I meant P-R-O-F-I-T."


With an awesome picture like that it's easy to see why people would believe him. I am pretty sure the cat is alive.

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