An Ex-Fox News Host Pitched ‘Financial Freedom.’ His Clients Want Their Money Back.

The Morrises are now selling an online financial advice and planning program: Financial Freedom Academy. The program offers a “proven system for building wealth, guaranteed,” according to its website. Mr. Morris is inviting investors to follow in his footsteps with a nine-session online program at a special introductory rate of $697. ---- Welcome to Trump-Morris University, everybody....you're all going to be rich !! Sad.

FOX: an apprentice program for future fraudsters and Trump appointees. Funny how THAT works. Sad.

Big red flag, if its guaranteed its a scam. "The Morrises are now selling an online financial advice and planning program: Financial Freedom Academy. The program offers a “proven system for building wealth, guaranteed,” according to its website."

All of them are sharks. With a video camera a person can present themselves as what ever they to be. Shoot the video with large yachts, top dollar cars and houses that belong to someone else and you look like a rich man, woman or couple. When they are done they go back home to their garden apt. The Morrises are not of that ilk but the whole business smells to me.

The problem with TV celebrity scammers is that people confuse their television persona with reality. They trust the people they allow into their homes on a regular basis. Con artist is short for confidence artist. People have confidence in TV celebrities.

See Mr Morris learned well from all the gurus and Trumpets that infest Fox. Where can I sign up for this wealth building Academy, maybe at a Trump Golf Course?

“From that moment on, I made it my mission to follow in his footsteps,” Mr. Morris says on the site.” The person whose footsteps he is really following in are our make believe president and fantasyland Trump University, which was also a total scam bait and switch operation that suckered hardworking people out of their savings and retirement funds. When the chips fall, it’s always “hey, it’s not really me! Yes, i took your check, but it’s actually that guy there who robbed you blind!” No surprise this dude was part of Fox, the greatest purveyors of lies and propaganda this country has ever seen.

Following the advice of some Fox personality--you've got to be kidding. Investing in inner city Indanapolis but living hundreds of miles away---not a good idea. Still, scams like these w/o a minor celebrity voicing them have been a round for decades--buy a foreclosure, make a small investment and watch the dollars roll into your account. Somehow, it's usually more complicated than that. There are circusmatnces where people get boxed into these things-----happened a lot in the bubble of the 2000s--churches pushing people to invest, etc. The fraudsters need to be punished even if the dfrauded seem like they needed a dose of common sense.

These get-rich-quick schemes are like email spam, they seem preposterous but they must have clients or else they wouldn’t be in business. Buyer beware, as always. Still, what a mess! And the Morris business, taking a $6.5K cut on each housing deal, that seems steep.

We bought all of our kids a Canadian investment book called "The Wealthy Barber". I think there is a second version out. It was a short, easy to read inexpensive book about paying yourself 10% of your income to put in long term investments for retirement financial security.

One mans investment opportunity is another man's ramshackle house. Capitalism for the other 1%. If you bought a home sight unseen you need to be smarter in the future. If you voted for the GOP this is the capitalism you voted for, a capitalism where the predator is king and everyone else the victims.

Profiteering off impoverished African American communities. Not hugely disappointed it's blowing up in some people's faces.

So you put your money into the pocket of a mouth on FOX NEWS, and you came out of it not so well. Should have seen that coming....

There are no short cuts to getting rich! This is a scam like Trump University!

In 20 years, this guy will be President!

Fox News advertising is chock full of get-rich-quick schemes like this, that only separate the gullible fools from their money.

Financial Freedom Academy, a.k.a. Trump University.

Sounds great! Where do I sign up?

So they left good paying jobs at CBS & Fox to be scam artists? "Financial Freedom Academy"- even the name sounds fraudulent like Fyre Fest. There can be no real possibility for financial independence in the greedy capitalist society we're forced to live in.

Morris is a classic re-dux of the 80s scammer who sold pay-phone and newspaper ad placement franchises on late-night TV!

First of all, anybody associated with Fox News would immediately be suspect. I'm surprised that he didn't sell people the Brooklyn Bridge several times. The big revelation will come when Trump is exposed as the greatest huckster of all time...

How can I have any sympathy for people foolish enough to invest in anything that carries the stench of FOX news or their minions.

A Fox an Fiends host. What could possibly go wrong? Amazing.

There is some unhealthy strain in American society that makes a segment of the population susceptible to fraudsters. Do other countries create investors without a healthy dose of skepticism or are Americans just lazy? I am surprised that Morris hasn't sought out a position either at HUD or the Consumer Protection board. His qualifications would seem to be consistent with the types brought into the administration by Trump. Personal narrative is compelling: a Fox News alum, associated with fraud in the sale of real estate, leaving a trail of pauperized "little people" and disputes with business partners. Bonus points include an online get rich quick seminar.

The lure that traps folks into scams such as these is the dream of finding a "pot of gold" that investors buy into when they watch the myriad flipping shows that populate some cable networks. The hosts of the show identify a derelict property, show a complete rebuild/rehab, and close on a sale all within a tidy 22 minutes. These programs are de-facto infomercials that whet appetites when they see the program hosts net 5 or 6 figures in net profit- in 22 minutes! If the networks that air these programs had any scruples, they would run FULL SCREEN disclaimers going into and coming out of every commercial break of the program that THE RESULTS ARE NOT TYPICAL AND SHOULD NOT BE EXPECTED!

I don't trust anyone. I won't even let utilities debit my account. I get lots of mail and robocalls. Sometimes I play along just to have fun. Today someone tried to sell me a warranty on my 3 year old car. Not affiliated with the auto mfg. They first asked what shape my car was in. I told them, I had a lot of things wrong with it; the check engine light was on, it was cutting off, I thought I needed brakes. I asked if I took the warranty would they fix my car. Loong pause He said - we don't fix pre-existing conditions. You have to fix everything first, have it certified, drive it 1,000 miles and for 30 days then they'd fix anything new that happened. Minus a deductible. I asked how much their warranty was. He was evasive, but finally said $3500!! He told me to call back after I fixed everything and ask for him, they could sell me the warranty then and bill me monthly. I asked did they cover brakes? oil? He said no, they didn't cover maintenance. I asked well what DO you cover? No answer. I was having a hard time containing my laughter by that point. Then I told him there was nothing wrong with my car. I have it serviced and maintained regularly by the dealer and it was fine. But I did thank him for providing some entertainment. He got mad and told me thanks for wasting HIS time and slammed down the phone. Funny.

Clayton Morris made a long presentation at my local Real Estate club in central NJ in February of 2018. It was called "Achieve Financial Freedom", and included a long, nauseating video of his career at Fox. He was leaning heavily on his notoriety as a TV personality, and his well polished voice. He was pushing his YouTube podcasts, which I watched, but I found podcasts technically deficient.

Get rich the quick way? What is wrong with these fully adult people? No wonder this nation is in trouble...too many gullible, lazy people.

More evidence that Fox News viewer are pretty dumb suckers. Before this, they got suckered by the gold sellers and Bill OReilly.

There's a sucker born every minute. What else can you say.

The Morrises achieved financial freedom- with other people's money. The the only plus is that it is probably only Fox fans who lost money.

Clayton Morris sounds reprehensible, but... 1) Never buy a property sight unseen. 2) If it sounds too good to be true, it probably is.

I foresee the next financial guru headed for the White House ...

people should understand that they need to be prepared to get their chicken eaten when they are dealing with foxes.

What do you mean. A clear case of caveat emptor. Is this not what they preach on the Ayn Rand worshiping Fox Business network?

So now they are slithering out of real estate and into selling “financial planning” advice, for only $697! I’m sure that will work out well for their marks, um, customers. Do people not recall “fool me once, shame on you...”? I will hereby hand out free financial advice, that which allowed me to retire in my mid 50’s without ever having a high-paying job or winning the lottery. Start saving and investing as early as possible. Live below your means, investing as much as you can possibly can. Do not waste money on mountains of clothes, jewelry, etc. Save those expenditures for treating yourself after an achievement. Invest in US stock ETFs. Ignore short term fluctuations and reinvest all dividends. Do not charge up more than you can pay off in full each month. Make all large purchases in cash, no credit, aside from a home, obviously. Now, take the $697 I just saved you and donate it to a local food bank, animal rescue agency, or the like. You are welcome.

Celebrity scammers or another FYRE Festival! I hope someday someone would come up with a system that would stop such scammers in their track.

People bought houses they never saw from a guy on television? And it's someone else's fault they got beat? What are they going to do next, vote for some guy on television for president?

I was one of the initial investors in this ponzi scheme and didn't realize it was a ponzi until I switched property managers and found out I was getting $200 a month less than I was before. Basically the made the numbers look good on paper to attract investors while they placed tenants with criminal records who were paying significantly less. Even more concerning is there are still people who go around to this day claiming the are from "Oceanpointe" and collect cash rent from these poor tenants who dont have the slightest idea who they are paying rent to. Clayton knew about this scam from the start, there used to be videos (since deleted) on his youtube channel of him and Bert walking around these properties. Bottom line is they prayed on out of town investors and hoped they would not actually visit the property. Being local I actually visited a "post rehabbed one" and it was utter garbage. Both these guys knew what they were doing and willfully stole others money for their own enrichment. They deserve what is coming to them.

An unfortunate situation as old as time and a sign of the times :the Huckster,the fast buck --easy money-- and of course,the duped. Mercy !

Fox is the network that builds careers. Thank you Fox for Mr. Morris. And thank you Fox for Mr Trump. Rest easy America. Fox is in charge.

People voluntarily give their money and property to all sorts of scammers all the time because they think they deserve good fortune. They think big returns (something for nothing) is not chasing greed. Karma usually teaches them they are not so special after all.

"The couple, who have three young children, said they were frustrated with all the anger directed at them." Mr Morris seems to fail to understand what a referral means. He referred clients to Oceanpointe of course they are going to be angry at *him* if Oceanpointe ends up delivering a terrible service. Especially if he happens to profit financially from the referral. It was basically his whole job to ensure that his subcontractors performed decently and he obviously failed at it.

I'm not an investor, but I have bought,, lived in, rehabilitated and sold 5 homes in different states. Anyone who buys a property without seeing it is nuts. You dont know what the neighborhood is like so you can't tell if it's trending up or down. You don't know the condition of the home. The last home I bought was a foreclosed 2 bdrm townhome in Northern VA. The prev owners even took the ceiling fan when they vacated. But it was all I could afford, the neighborhood was decent and I hired a qualified inspector not affiliated with the bank to do an inspection. I judged the things to be things I could fix and I needed a place to live. The windows were falling out, I replaced them. The water heater, garage door, garbage disposal all broke over time. I replaced them all. A pipe burst because they left the water on to the outside during the winter. I hired a plumber. But on my zero down mortgage, I paid about $1200 a month, less than the $1800 I had been paying in rent somewhere else, and sold it for $140k more than I owed I'm from Detroit, know the neighborhoods well. Occassionally I go online just to see what homes near where I lived are selling for. But absolutely would NOT buy one unless I went there again, saw it for myself and hired an appraiser. When are people going to stop trusting others with their money, based on what they see on tv? About like someone robo calling you saying "I have a deal for you". Buyer beware.

"Morris Invest, would handle the details: finding properties, overseeing renovations, hiring property managers to rent out the houses. All clients had to do was put up the cash and wait for the checks to arrive." Why would anyone trust a former Fox News hosts? If it sounds too good to be true, then it's fake.

Nice to see the Morris family has moved on to an online course for building worth. I hear the name Trump University might be available.

Morris apparently freed his clients from their money. What more could they want?

He used to show up on some podcasts that were hosted on TWiT and even then I had the sense he was a shady guy. Looks like I was right.