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From the JYT:
You mean people fell for that crude swindle? Oh, yes, some guy claims to have special mystical powers, so let's give him lots of money. 
Also, he's going to hear not only from the SEC, but also from the Lord:
Deut. 18:10-12: There shall not be found among you [any one] that maketh his son or his daughter to pass through the fire, [or] that useth divination, [or] an observer of times, or an enchanter, or a witch , Or a charmer, or a consulter with familiar spirits, or a wizard, or a necromancer. For all that do these things [are] an abomination unto the LORD: and because of these abominations the LORD thy God doth drive them out from before thee.
For Psychic, Suit Came as Surprise
by MICHAEL J. (weird Messycan't name deleted)
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 God-mocking 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.
by MICHAEL J. (weird Messycan't name deleted)
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 God-mocking 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.
Also, he's going to hear not only from the SEC, but also from the Lord:
Deut. 18:10-12: There shall not be found among you [any one] that maketh his son or his daughter to pass through the fire, [or] that useth divination, [or] an observer of times, or an enchanter, or a witch , Or a charmer, or a consulter with familiar spirits, or a wizard, or a necromancer. For all that do these things [are] an abomination unto the LORD: and because of these abominations the LORD thy God doth drive them out from before thee.
God bless 
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