Shameful Act:
Jumping ship between multiple different MLMs that have faced pyramid scheme or deceptive investment training scheme allegations, often targeting young people with promises of unlocking the secrets to wealth. Morton was a top-level distributor for Vemma, Jeunesse Global and, most recently, IML, which was sued by the FTC and Nevada in May 2025.
Penalty:
In September 2025, Morton was ordered to pay $10 million after a court found him liable for more than $76 million in damages for his alleged outsized role in the IML scheme. If he is found to have lied about his finances, the full amount of the judgment will be due. In addition, Morton is banned from taking part in any multilevel marketing of trading-training services.
Where is he now:
For now, seemingly trying to fly under the radar at another MLM, JIFU, which offers educational courses on forex, crypto and stocks.