Tref documents out on jay morrison. Its not looking to good
- Thread starter Cel 510 kid ados forever
- Start date
smh nikkas like this who take advantage of the black community need to be stoned in the public square
throw him jail
I asked people on here how they were going to make money when they were flossing a building that wasn't in use. now we find out that he collected 3k in rent over 2 years
I wouldn't even call this a scam. there is no elaborate ruse. he just took the money
I wouldn't even call this a scam. there is no elaborate ruse. he just took the money
Neo. The Only. The One.
THE ONE
wait, what happened? I haven't been following Jay Morrison. Can someone link me to some threads to recap or explain it real quick?
DaddyFresh
Superstar
750k on admin and marketing sounds a lot like straight embezzlementI asked people on here how they were going to make money when they were flossing a building that wasn't in use. now we find out that he collected 3k in rent over 2 years
DaddyFresh
Superstar
He basically stole all the money in short.
Only had 3k in rents collected all of 2018 & 2019 together, they need $1.3 mill to finish the Legacy centerhttps://t.co/Gtg7MV2Cud?amp=1
And they spent $760k on marketing & admin 2019 Aka they took 60 percent of what came in off gp
Neo. The Only. The One.
THE ONE
Only had 3k in rents collected all of 2018 & 2019 together, they need $1.3 mill to finish the Legacy center
And they spent $760k on marketing & admin 2019 Aka they took 60 percent of what came in off gp
.....I gathered that much.I'm saying, what was he collecting money for? what was the goal here? Were coli brehs donating?
but he had no actual business plan and paid himself out of the pot and it wasn't hidden or misappropriated. nobody said hey um breh so how are we actually going to be making money what is the actual business750k on admin and marketing sounds a lot like straight embezzlement
it was just crowd fund, buy property, floss it online. ok so where is the profit coming in you are not flipping the property and you are not renting it? this isn't a scam breh it's a transfer of wealth straight up from the gullible. no intention to run a business was involved.
Problematic Pat
Superstar
So he's assinuating that he stole millions of dollars and the SEC ignored it???
DaddyFresh
Superstar
Gullible or not. Fraud is still fraud. He wouldn’t try and say he spent almost a milli on admin and marketing if he was given the money to do what he pleased with it. Federal agents going to be doing that perp walk with him very soonbut he had no actual business plan and paid himself out of the pot and it wasn't hidden or misappropriated. nobody said hey um breh so how are we actually going to be making money what is the actual business
it was just crowd fund, buy property, floss it online. ok so where is the profit coming in you are not flipping the property and you are not renting it? this isn't a scam breh it's a transfer of wealth straight up from the gullible. no intention to run a business was involved.
Brolic
High Value Poster
750k on admin and marketing sounds a lot like straight embezzlement
It is. I think Jay gave himself close to 200k and gave his over 100k last year
