posted on Jun, 25 2017 @ 05:54 PM
On 7 April 2017, Sean David Morton and his wife Melissa were found guilty in Federal District Court of one count of conspiracy to defraud the United
States, two counts of filing false claims against the United States, and 26 counts of passing false or fictitious financial instruments. The
prosecution recommended 87 months in federal prison plus a restitution payment to the IRS of $480,322.55.
Morton failed to appear for sentencing on 19th June and a federal warrant for his arrest was issued. His failure to appear, plus his harassment of the
court with motion-flooding, will undoubtedly add years to his sentence once he is caught.
SDM's crimes were not limited to crimes against the government. The Mortons are alleged to have defrauded around 100 customers of $6 million between
2006 and 2007. According to the SEC, only a fraction of the investments received by them went into foreign exchange trading accounts and the rest was
placed in shell companies run by them for their own benefit. Kerry Cassidy was one of the victims--she handed over $116,000 to be invested, and it has
vanished along with all the other money.