"Here are some of the key accusations in the SEC's lawsuit:
Morton claimed that he would use his psychic expertise to provide investment guidance to his investing team, and falsely touted his historical success in psychically predicting the various rises and falls of the market"
Thursday, March 04, 2010
SEC Sues Psychic For Securities Fraud - Planet Money Blog : NPR
SEC Sues Psychic For Securities Fraud - Planet Money Blog : NPR:
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1 comment:
What is incredible to me is the fact that any "investor" would believe this guy's claims. Is that REALLY what we need protecting from?
My $0.02:
http://www.jrdeputyaccountant.com/2010/03/behind-secs-big-bad-psychic-bust.html
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