07/17/2019 3:04 p.m. Clayton Morris and his wife, Natali, first left their Florham Park for Pennsylvania, but have resettled in Portugal. Villa di Monaciano. But Morriss Indianapolis version of a turnkey scheme veered in the opposite direction, according to documents filed in 25 separate lawsuits. Stansberry spent the Obama years prodding conservative mailing list audiences to be ever more afraid of a looming apocalypse, then marketing survivalist-themed investment products to them. Learn how your comment data is processed. Tenants suffer:Renters lived 'horrible.' All rights reserved (About Us). Many investors who live in very expensive markets or do not have time to shop for investment properties themselves will consider turnkey properties. I carry a pain with me knowing that he is in pain and it is with me always. Morris is facing more than two dozens lawsuits saying he organized a scheme that defrauded customers for his own financial gain when he sold them rental properties thatwere in much worse shape than advertised. CREDIT: Monica Schipper/Getty Images. Kun kytt sivustojamme ja sovelluksiamme, kytmme, tarjotaksemme sivustomme ja sovelluksemme sinulle, todentaaksemme kyttjt, estksemme roskapostia ja vrinkytksi sek toteuttaaksemme tietoturvatoimia. I wrote this article and created a video about the Morris Invest Fraud Accusations because I have had some interaction with Clayton and feel I have a civic responsibility to give my opinion on this situation. "Because my husband had some residual 'fame' from his former career as a news anchor, he was given a disproportionate amount of blame, particularly in national press," Natali wrote on her website. It is very rare for Bigger Pockets to take down any podcast, and that may be the only time they have done it. Liu, an Avenel resident, said in an interview in March that his experience was nowhere near what they advertised or promised. He purchased an Indiana property from Clayton Morris in April 2018 for $50,000 and was told the rehabs would happen within 10 to 12 weeks. The property has not been rehabilitated, according to the lawsuit. Prosecutors havent filed criminal charges against Morris, who left left Fox News in September 2017. No criminal charges have been brought against Morris or Whalen. Rob Kim / Getty . Natali wrote on her website that the media attention and accusations were taking their toll on her husband, facing dozens of lawsuits from across the U.S. "Watching him go through this has been what I would imagine it would be like to watch him endure chemotherapy," she wrote on her website. Those who invested with Morris gradually discovered they were being assessed with code violations and tax liens from the city of Indianapolis on properties theyd been assured would be refurbished and managed in perpetuity by someone else. Morris and Natali together with their three children immigrated to Portugal in July 2019. It is poison he doesn't deserve Our family suffered under the weight of it all. United States [USA] And even with all of these options he gives us, I dont think any of them are right based on the information available online (including Claytons own site). The class-action lawsuit alleges Clayton Morris defrauded investors through a real estate scheme in Indiana. You would need a massive property management company and a lot of tenants to fill all of those properties. But at least 25 investors havent waited for the public prosecutor. I will show these interactions and talk about why they convinced me that I would never, ever, buy from Morris Invest and I would never personally trust Clayton. I ask Clayton very nicely to answer some questions or to do an interview with, me and he never responded. After many attempts to reach his office through various members of his Team which consist of at least three family members including his wife, I have been unsuccessful in reaching a resolution on the fact that the contract is in Breach. I saw all the new articles about him getting sued and moving to Portugal. Why did he refer to the investors as his investors on Bigger Pockets? He got help along the way from various prominent conservative media figures on and off Fox News airwaves, from Dick Morris to Newt Gingrich to Mike Huckabee to Glenn Beck, as Media Matters has detailed. He has also published 7 books in paperback, Kindle, and audiobook form that you can find on Amazon. He is not wrong in that he is owed work done. Jos et halua meidn ja kumppaneidemme kyttvn evsteit ja henkiltietoja nihin listarkoituksiin, napsauta Hylk kaikki. Well, I don't like what the press and plaintiffs lawyers are doing either so I guess that makes us even in the life-choice-approval category. Clayton Morris is a real estate investor who used to be the host of "Fox and Friends" on Fox News. How Much Money do Real Estate Agents Make? The government helped. I wish it were me instead. The answer is yes. In keeping with the general spirit . Modern long-distance turnkey investing is primarily the province of gigantic hedge funds, which took advantage of the Great Recessions housing market collapse and foreclosure boom to scoop up hundreds of thousands of empty family homes as investment fodder. I am the founder of InvestFourMore, Managing Broker of Blue Steel Real Estate. Here is the basic premise for what people say happened: Many of these stories came out around 2016, and then the articles in the papers came out and lawsuits followed in 2019. [19], Morris sued HoltonWiseTV in federal court in October 2019 for $7.2 million, alleging copyright infringement; the case stemmed from HoltonWiseTV's production of a three-hour documentary investigating the alleged involvement of Morris in various real estate scams. Mark Levin Bio, Show, Age, Height, Podcast, Family, Nationality, Wife, Salary and Net Worth, Greg Gutfeld Bio, FOX News, Age, Height, Show, Family, Wife, Salary and Net Worth,
Clayton can be very convincing when playing the victim. His Clients Want Their Money Back", "Investors say ex-'Fox & Friends' host turned them into unwitting slumlords", "Ex-Fox & Friends host Clayton Morris seeks $7 million from critic of Indy real estate deals", "Indy landlord pleads guilty to federal fraud charge", "Morris v. Wise, et al. The government helped. gtag('config', 'UA-168739609-2'); November 21, 2022 In addition, Morris and Natali revealed that some of their family members had lost money since the previous business partner, Bert Whalen of Oceanpointe Investments underhanded business practice. Notice that one of them is a vacant lot. Therefore, there is no doubt that he has been able to accumulate a decent fortune over the years. There are also a number of reviews on the BBB (F rating) on Morris Invest accusing the company of fraud. Stephens said there are ways to serve someone in a foreign country, so Morris would not be immune from additional civil lawsuits while living abroad. In at least one case, when a Georgia-based man who had taken the former Fox host up on his offer began asking questions about the other firms involved in the Indianapolis projects, Morris asserted that he owned and controlled that third-party organization as well. On September 4, 2017, he left Fox News. On top of that, the rehab costs were added on, which could be $5,000 or $20,000. Clayton Morris, a former host of "Fox & Friends," moved to Portugal with his family even as he faces at least 16 lawsuits from investors accusing him of real estate fraud involving properties. Most investors claim the problems started with not receiving contracts, pictures of properties, rehab reports, etc. Community Rules apply to all content you upload or otherwise submit to this site. I also made a video about Morris Invest, and Clayton responded on one of his videos when people kept asking questions (note that Clayton deletes most bad comments left on his social media). Clayton Morris and his wife, Natali, first left their Florham Park for Pennsylvania, but have resettled in Portugal. Clayton Morris (born December 31, 1976[2]) is an American YouTuber, real estate investor, and former television news anchor. He was not just inspecting his own properties for my investors as he says. YouTubes privacy policy is available here and YouTubes terms of service is available here. Indiana Attorney General Curtis Hill says he's has officially opened a criminal investigation. Clayton denied he was a part of it and said it was all the property management companys fault (Ocean Pointe). Contact Tim Evans at 317-444-6204 or tim.evans@indystar.com. One client, Daniel Gomes, purchased a house in Indiana that had been damaged in a fire days before the sale closed, The Times says. So, I asked those questions in private messages as well, and he still refused to answer any questions. He says that he was scammed tooas well as his family. [3] His real estate ventures have been the subject of several lawsuits, including one filed by the state of Indiana. In addition, he grew up along with his younger sister Nicole. [15] Morris and his wife Natali Morris co-authored a book, How to Pay Off Your Mortgage in 5 Years. He was not an out of state investor who never saw his properties. He has convinced other online and on-air personalities that he did nothing wrong. Natali Morris told NJ Advance Media that they cannot and do not intend to run from this." How many kids does Clayton Morris have? It is possible that Clayton and his company only made $4.5 million, or it is possible they made much, much more than that, all from hundreds of investors who lost tens of thousands each. It offers 4 bedrooms and 3 bathrooms located on two floors overlooking the marvelous Tuscan countryside. 2023 Advance Local Media LLC. RESTORED VILLA WITH PANORAMIC VIEW FOR SALE IN CAPRESE MICHELANGELO. He spent his childhood days in Philadelphia, where he completed his basic education at Wilson High School. The state attorney general is now reportedly investigating the scheme. We have to see this through in a way that we can be proud of and answer for on a soul level. Country: Portugal Press Freedom Rank: EXCELLENT Media Type: Website/Podcast Traffic/Popularity: Medium Traffic MBFC Credibility Rating: LOW CREDIBILITY History Redacted is a YouTube Channel, Podcast, and website hosted by Natali and Clayton Morris. Whalen first connected with Clayton Morris in 2015, and the newsman brought in a huge new crop of eager investors. These properties belonged to Bert Whalen. He has made a name for himself on YouTube as a real estate educator, but he has also been in the news for his company Morris Invest, which has been accused of fraud and had multiple lawsuits filed against it. We would never have worked with this company if we knew ourselves, our families, or any other investors would find themselves in this position, a March statement on the firms website read. Mark started Blue Steel Real Estate, a real estate brokerage in 2018. The pair alleged they lost hundreds of thousands of dollars on properties they bought from a company that was supposed to do the renovations and manage the them -- but didn't, The New York Times reports. There have been reports of as many as 300 investors losing money with Morris Invest. More recently, hes touted a stock connected to the financially hopeless, ecologically ruinous Pebble Mine project in Alaska as Trumps Gold. Since the 2018 midterms, Stansberry has also begun using caricatures of Rep. Alexandria Ocasio-Cortez (D-NY) to hock his investments advice. He uses mostly truthful information about China and Russia but it is possibly just a way to get people involved in what may well be another ponzi scheme. Morris has been sued by more than two dozen different investors since the start of 2019. Previously, Clayton and his family were residing in Maplewood, New Jersey. Sign up for The Big Story newsletter, For years, voter fraud activist Alan Vera made a regular pilgrimage to the Texas state Capitol. I am not sure what will happen to Clayton and Morris Invest, but I hope he never gets the chance to rip someone off again. Author That will be up to the court to decide if it should be necessary to resolve this matter in that Venue. He visited the company monthly to consult on any inefficiencies with investor communication and walk properties in progress. A lot of people lost a lot of money. Clayton Morris and Morris Invest identify with the many investors who lost money through home-renovation, property-management, and other failures by Oceanpointe and its various corporate entities and employees," David Hensel, Morris attorney, said in the statement. Gomes did not know that until months later. We felt comfortable representing that arrangement. The questions I asked him over and over were: Here is a small sample of what was said publically on Instagram: He refused to answer these very simple questions over and over. Eerie though the prospect of a remote Wall Street landlord is, those firms place a premium on their reputation and on avoiding legal trouble. The wife of former "Fox and Friends" host Clayton Morris, who formerly lived in New Jersey, said she and her husband have moved to Portugal since reports of fraud allegations have become public . Renters lived 'horrible.' The Morrises argue that the real culprit is Bert Whalen of Oceanpointe Investments, who sold many of the homes Morris Invests encouraged investors to buy. This site uses Akismet to reduce spam. However, he has not disclosed his other body measurements in the public domain. You need a tremendous amount of manpower to rehab 20 properties a year. In her post, Natali Morris wrote her husband has responded to questions posed by prosecutors in three different states. Victor DeJesus, a Plainsboro resident, and Nuan Tinio, of Somerset, outline similar experiences in the lawsuits. She said her husband has taken accusations and media coverage particularly hard. Morris has . Morris was born on December 31, 1976, in Philadelphia, Pennsylvania, in the United States of America. Just sheep." From what I can tell, he is not just buying houses that need work but building new houses as well in Texas. IndyStar reported in March that investors were accusingMorris of running a Ponzi scheme with Whalen's help. Besides, his father is Don while his mother is Verna. Which is why we have reported this to the Attorney General and are asking for legal help to make these things right. The New Jersey Attorney Generals office previously confirmed they have received numerous complaints against Morris, but did not confirm or deny if there is a criminal investigation. Clayton also claims on his website that he walked the properties with contractors: Clayton and his staff worked with this company daily with phone calls, property updates, and weekly status meetings. Investors say ex-Fox & Friends host turned them into unwitting slumlords. In addition, Natali is originally from San Leandro, California, and celebrates her birthday on the 28th of August. Maybe, but given his track record, I would have my doubts. Grifting off a conservative audience with little financial sophistication or experience of investing is something of a time-honored tradition in the conservative media world. Right after I aired the show, I was inundated with emails about how Clayton had ripped off people. Is this FRAUD?. Mark also owns 20 rentals including a 68,000 square foot commercial strip mall. The investor becomes more worried as the delays continue and communication is poor. How Hard is it to Become a Real Estate Agent? She says her family's decision to move was primarily driven by their emotional well-being: "My husband is good, through and through. Clayton Morris is a married man. Therefore, they lost a $7.2 Million copyright infringement lawsuit against HoltonWisw television which was a lawsuit filed in Federal Court by Morris in October 2019. Clayton Morris, who hosted "Fox & Friends Weekend" for Fox News, has left the country amid lawsuits claiming he defrauded real estate investors. Finally, what if Clayton is telling the truth and all of this is just Ocean Pointes fault? Here is what we do know: The reason I do not buy Claytons story is that he was commenting about, and in my opinion, well aware of the problems with the properties and lack of repairs in 2016, if not sooner. This move is not to run.". Cookie Settings/Do Not Sell My Personal Information. He said he would private message me anything I wanted to know. This comment is small, but you can click on it to enlarge it. It was not hard to see there was a problem. Are we supposed to believe that when Clayton saw properties like this, he thought the tenants had already moved in and everything was fine because they had blackout shades up? 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