All Forum Posts by: Brian M.

@Bradley Nuse Glad to hear things went well.  Can you tell us who the turnkey provider was?

@James Wise  I am not sure.  It's gotta be close to 10 - and some of that 10 are class action that includes a dozen or so plaintiffs.  James, when are we going to see your video highlighting this Morris Invest stuff?

The lawsuits keep pouring in... this article is from yesterday:

https://www.nj.com/news/2019/05/2-nj-families-sue-former-fox-friends-host-over-alleged-fraudulent-real-estate-scheme.html

@Jay Hinrichs @Jeremy Z. The amazing thing here is that the Morris defense is "ignore all of my marketing, advertising and podcasts of what I say I will do for you.  The contract is all that matters."  Not only do I highly doubt that will work for him in the courts, it should be a gigantic screaming-loud-bullhorn to anyone who would ever think to do business with him.  i.e. his word means nothing.

I hear what you are saying.. but I just think it's kind of goofy to say that he produces useful content.  Of course he does.. otherwise he wouldn't have been able to convince hundreds of people to invest cumulative millions of dollars in a faulty product that would inevitably cause all of them to lose most/all of their investment.  Any good scammer provides something of value.  It's just not nearly equivalent to what the victim loses.

@Justin K. I am sure Bernie Madoff got a lot of people into investing for the first time too.  

This whole story could produce a hefty research paper on human nature.  Having followed this train wreck for almost 3 years, here is what I have seen:

- Anyone who has done business with Morris Invest - hundreds of investors - universally blame him for losing their money.  They accuse him of blatant lying and misrepresentation, negligence and complicity in a vast real estate scam.  Think about that.  ANYONE who has given their money to MI, after a few months go by, universally regret their decision for a whole host of reasons.  Most of them lose all or almost all of their investment.  You never see investors with MI posting here a year after their investment praising them.  It just doesn't happen.

- People who have not invested with Morris Invest really want to give him the benefit of the "doubt".  They think that Clayton and Natalie seem like such nice, wholesome, family oriented people.  How could they be scammers?

But here's the thing.  Since the history of time, the best scammers are those that "seem" like just the opposite.  How else could they perpetuate a scam so large? 

So, unless you have given them your own money and let a couple of years go by and can truly say your investment was a great one, why in the world would you not believe the hundreds who have done so?  

@Jody D. Honestly, no offense here.. but you are not even remotely as well advised on this issue as @Jay Hinrichs and @James Wise and others on this thread who have been following the Morris Invest nightmare since 2016.  Before you take a side, go read the threads that started over two years ago with MI investors sharing their horror stories.  Morris continued to work with Oceanpointe for OVER A YEAR after these complaints were rampant.  It's simply mathematically impossible that he wasn't complicit in this scam.

Also, ask yourself this question.. if there are so many happy Morris Invest customers out there as he claims, why don't we see them on BP?  There should at least be a few popping up once a month or so.  You never see it - even with MI being a constant topic of conversation. 

In the end, when you combine the legal documents of record that I have seen myself -  that are part of the lawsuits against Morris - it's impossible not to trust the dozens of investors that have publicly stated that MI lied to them.  It's there in black and white.

@Jay Hinrichs I think the reason this fraud went on as long as it did is due to the nature of the fraud itself.  Sure, there were an initial few who blindly trusted Morris due to his TV persona, but it's really two main factors that fueled this engine for so long:  1)  A very successful social media campaign and 2)  paying fake rent.  

The fact is, a lot of people waited a long time from the initial discovery of Morris Invest to when they moved forward with investing.  They researched, they spoke to other investors, etc.  There was little to no negative information from anyone (other than a few folks who questioned his strategy of investing in cheap properties).  Everyone who invested with MI was getting regular "rent" payments and things seemed to be going swimmingly.  You can see that a lot of investors moved forward with more and more properties after their initial one seemed to go so well.

That is the insidiousness with a Ponzi scheme like this.  It pays off for a long enough period of time that the investors are happy.  There is no negative press.  Until the whole thing implodes.

@Christopher Pound Hi Chris, can you provide some more insight as to what the property acquisition process was like initially?  Was there renovation involved?  Did you visit your properties before or after acquisition?

There has been a lot of discussion about Morris Invest on these forums - incomplete/no renovations, no tenants but rent paid to make it look like there are tenants, new builds that never get built, etc.