Tuesday, March 16, 2010
Sean David Morton Sued By The S.E.C.
http://www.ufomystic.com/2010/03/05/sean-david-morton-sued-by-the-sec
Sean David Morton Sued By The S.E.C.
Friday, March 5th, 2010
Greg Bishop
The New York Times (and other news sources) reported today that Sean David Morton has been sued by the Securities and Exchange Commission for investor fraud.
For those of you who are unfamiliar with Morton, he and his Delphi Associates organization have been jumping on the latest new-age bandwagon for the last decade or more, sometimes turning a decent profit. Friends and acquaintances of mine have claimed that they were swindled out of large sums of cash by Morton and his wife. Morton has also claimed to be the “World’s Foremost UFO Researcher” and has been a regular on the lecture circuit and paranormal talk shows.
For more on Morton, see the UFO Watchdog site (now hosted by the Paracast.) Morton sued site owner/ reporter Royce Meyers for libel for $1 million 2003 based on the material Meyers wrote and published. Morton could not prove that any false statements were made and was ordered to pay $16,000 in legal fees to the defendant.
Personally, I have always had a pretty negative opinion of Morton based on some limited interactions with him over the years.
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