Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Gossip

Investors Claim Fraud By Jay Morrison

rmtsa by rmtsa
May 22, 2024
in Gossip
0
Investors Claim Fraud By Jay Morrison
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Alleged Contract Shows Stacey Rusch Split RHOP Pay With Ex

Does Alex Vesia Have Children? He & Wife Expecting a Baby Together – Hollywood Life

Jenna Ortega ‘Uncomfortable’ In Sheer Dress While Braless

Jay Morrison was reportedly a trusted financial advisor in Atlanta, Georgia. However, he’s now under fire, as some investors say he scammed them out of thousands of dollars.

Morrison allegedly promoted a real estate fund that garnered over $11.7 million.

Now, investors are alleging that their deposits have “vanished.”

The Shade Room’s Justin Carter is looking into the matter for ‘TSR Investigates.’

More Details About Jay Morrison & The Tulsa Real Estate Fund

According to Carter, Morrison started his career in finance and real estate after serving some time behind bars. After his release, Morrison reportedly amassed a following on social media by offering courses on financial literacy in public spaces.

Then, in 2018, Morrison launched the Tulsa Real Estate Fund. Carter reports that it is a government-regulated platform that allows qualified individuals to crowdfund with others in order to invest in and own real estate.

Carter adds that fifteen thousand people joined the fund, which reportedly had a $500 minimum enrollment fee. However, it appeared to have no return.

“I never invest anything that I can’t lose, but when you invest, you don’t intend to lose at the same time,” Jullien Gordon, who contributed $40,000 to the fund, told Carter.

Gordon reportedly secured a 30,000-square-foot event space called The Legacy Center through the fund, which allegedly invested over $3.5 million to acquire and develop the location.

However, after the 2020 COVID-19 pandemic, it appeared that plans had derailed.

Investors Call Cap On The Financial Advisor’s Promise

According to Gordon, he soon discovered that the U.S. Securities and Exchange Commission and the Department of Justice were investigating the Tusla Real Estate Fund and Morrison.

The investigation reportedly concluded in May 2020 with no significant findings. However, Gordon remained skeptical of Morrison, believing he was lacing his pockets with millions from the fund.

“He’s eaten over a million — almost probably two million by now in manager’s fees. He’s paid his wife through the organization. She used the facilities without probably any payment… and I guarantee that there’s no transaction of her paying us, the investors, or the entity for the usage of that space,” Gordon told Carter.

Scroll above to watch as more investors weigh in on Morrison’s alleged actions and react to the news of The Legacy Center now being sold for millions. Additionally, Carter shares an exclusive statement from Morrison in response to the accusations.

RELATED: Maryland Teacher Under Fire: Video Surfaces Of Students Taking Out His Braids | TSR Investigates



Source link

Tags: ClaimFraudInvestorsJayMorrison
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Alleged Contract Shows Stacey Rusch Split RHOP Pay With Ex

by rmtsa
October 27, 2025
0
Alleged Contract Shows Stacey Rusch Split RHOP Pay With Ex

The Real Housewives of Potomac drama is heating up faster than ever! An alleged contract between Stacey Rusch and her former boyfriend, Thomas Anthony “TJ” Jones, has surfaced online. The...

Read more

Does Alex Vesia Have Children? He & Wife Expecting a Baby Together – Hollywood Life

by rmtsa
October 27, 2025
0
Does Alex Vesia Have Children? He & Wife Expecting a Baby Together – Hollywood Life

Image Credit: MLB Photos via Getty Images Alex Vesia is a family man first. While the MLB player is known for being a Los Angeles Dodgers pitcher, he...

Read more

Jenna Ortega ‘Uncomfortable’ In Sheer Dress While Braless

by rmtsa
October 27, 2025
0
Jenna Ortega ‘Uncomfortable’ In Sheer Dress While Braless

Jenna Ortega didn't receive the best reviews as fans reacted to her latest red carpet look. The Wednesday star joined a slew of celebrities for this year's InStyle Awards last...

Read more

Tamar Braxton ‘Holds Down’ Birdman At VERZUZ In Toni’s Absence

by rmtsa
October 27, 2025
0
Tamar Braxton ‘Holds Down’ Birdman At VERZUZ In Toni’s Absence

Source: Amy Sussman/Craig Barritt Tamar Braxton may have just proved to everyone that she is, in fact, her brother-in-law’s keeper as she popped up to support Birdman at...

Read more

Who Are the Louvre Heist Suspects? Updates on the Investigation – Hollywood Life

by rmtsa
October 26, 2025
0
Who Are the Louvre Heist Suspects? Updates on the Investigation – Hollywood Life

Image Credit: AFP via Getty Images The world’s most famous museum just became the scene of one of Europe’s boldest crimes. Authorities in France are investigating a daring...

Read more
Next Post
Notorious Flop ‘Madame Web’ Is Now the #1 Movie on Netflix

Notorious Flop ‘Madame Web’ Is Now the #1 Movie on Netflix

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
DramaWired

Browse the Latest Entertainment News on DramaWired.com. Celebrity News, Movies, Music, Gossip, Comics, TV and More News.

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Elsbeth – Episode 3.06 – Bunker Down
  • Renowned Artist Jackie Ferrara Dead at 95 Through Medical Aid In Dying
  • AFI Fest Reveals Grand Jury Prize Short Film Winners for 2025 Festival

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In