@@himynameis294 Same reason if you sign a contract with someone saying you are giving them 2 grand to do whatever they want with it and they take the money. If you dumb enough to get robbed without a gun, wtf the law got to do with that? 🤷Thats on you.
Got to give people a chance, it's just sad that we have those that take advantage of people. Especially, using something as important as BWS to promote it.
I run a small real estate based business. He sounds like me at 23. Wanting to do a million different things and have a business that does everything. No matter how ambitious you are - that does not work. The opposite works. Specialize in one particular niche and dominate it.
The “plug” is for RE Private Equity lending because he can lend to black own projects whereas other institutions wont. But hes a scammer so, no not relevant
@@MattyViceThe "plug" is also a term used in the dope game and since this idiot was a convicted drug dealer the mere fact that he used the word shoulda been a red flag.
If your fund manager uses phrases like: 1. “I have to keep my name good in these streets.” 2. “ I want to be the plug” Be mad at yourself when you lose your money.
Brandon Vaughn so you gonna invest with a person who charges people 50 bucks to watch his wedding online? What benefit is that gonna serve anyone. That’s a money grab and if you doing that I’m Def not investing.
Exactly. When vlad said what do you do with the money, he hesitated and then came up with some bland, vague ramblings. That told you from the gate that at best, he didnt know what the eff he was doing. "We start doing smart deals..." Thats as dumb as saying "we start doing good stuff with the money." His body language shifted then too; he got into a more nervous mode because he was lieing/storytelling.
What did he mean “start doing good deals”? He wasn’t being specific. Plus what about transparency? Where is the money 💰 going? He turned $11.5 million dollars 💵 into less than $700k in less than 5 years. He makes it sound good but he doesn’t know what he is doing. But he knows how to make it not look like theft.
8% return minus 5.5% management fee = 2.5% return to investor. How did a whole community miss this. Ya’all basically legally gifted your money into JayCon’s pocket 😂🤣
Also he has NO education, and no fund management experience and decided to hire NO ONE with fund management experience and have NO board. Jay is all emotion no facts, numbers, or data.
@@zulufader9313 Why wouldn't you invest into an Established REIT ? Jay gets far to much of any upside, while the investor takes all the risk. REIT"S they already have a track record,, many are traded on stock exchange, vs this over the counter stock, so it is way more liquid if need be. So the best REIT's I have invested were medical REIT, the medical buildings, with the leases, and also in parking lot revenue.
He has a shyster energy all about him. Sometimes just having the basic Street knowledge can prevent you from getting scammed by crooks like this. Shame on you The Breakfast Club.
@1:57 one word that I don’t wont to hear in investing, “Hope” Let me correct myself, But when I think about, Unless you have an inside source type things going on, dare I say, that most investing is a certain percentage of Hope.
@@rctecopyright I'm a 5'3, 123 lbs, educated, business minded, 806 credit score, vegetarian, non smoking, non drinking, celibate, CONSCIOUS black woman raised by CONSCIOUS black men (a Tuskegee Airmen to be ONE of them). I don't have a big derriere, nor have the desire for one. The MOST HIGH has BLESSED me with a BIG BRAIN FILLED with wisdom & knowledge in which to uplift others. I DON'T have to pet snakes to be AWARE of their slimy ways. I trace track records which indisputably speak for themselves. Peace & CONTINUED Blessings from NYC. May you ALWAYS elevate & evolve.
@@tarawalton6778 chill sis it's a meant as light hearted humor. I get that it doesn't always translate well into text, though I can't help but try and get strangers to giggle from time to time. Anyway, that's all very interesting and I suppose since you lack a voluminous posterior you may continue smiling. It's a nice smile. PEACE!!!
TK Kirkland: there was a point in time they wanted to put me on the 20 dollar bill..... I missed the photo shoot helping Samuel L. Jackson with his lines
I’m glad he challenged Jay on how folks can get their money back because you can’t easily sell or transfer shares... you can invest the same in life insurance. Folks should look into that more.
Not trying to be negative but this information is false. As a licensed agent Insurance is not an investment! Although it is good to invest in! It does not perform as such.
Exactly. Word salad that sounds good to people who aren’t financially literate but really it’s just overly vague. Did just sprinkles cool sounding words that people will recognize as a business term they’ve heard on tv.
I had a weird feeling that Vlad actually did get a bad feeling about this guy but didn't have the guts to just straight out tell him thanks but no thanks I am not getting a good feeling about this , that's my guess. He could have been a hero ... and chose not to .
@@gardensofthegods he didn't wanna outright say it because then he'd be labeled a racist trying to keep a black man down who is trying to do something good for the black community
Screenshot this: this is the black Bernie Madoff in coming years. Dude is a fast talker. Anytime someone says "we're looking into" simply is selling a dream
Jay's "Investors" AKA "Marks" need to Look into putting their Collective Feet Into His ASS. Lesson Learned: Read The SEC filings! This Worthless Pile of Crap had No Assets, No Track Record of doing what they are attempting, No real $$$ invested by Jay Morrison himself, and the list of Red Flags go on and on...If the SEC Filing looks a Mess Do Not Invest!!!
evobusa it never was good us street guys tried to warn y’all but I got told to stop hating on black folk but in reality I was tryna protect black folk from scammers!
Three things. First, Kim Basinger, the actress owned a town called Braselton in Georgia. Two, Venture Fund managers get a annual management fee rather their investments are successful or not. Three, His pitch sound very similiar to Bernie Madoff's pitch and he got people for over $170 billion.
@OK, Now Lets Talk Solutions you made 10 videos on why a black man would fail....do better king. Focus on building your own empire off your own work, not someone elses.
This is crazy how this man has finessed the black community. No investor has asked the right questions. He never showed leases to the investors for the legacy center and now he is funding his so call actress wife's dream with investors money. This is highway robbery.
@@thetruthandnothingbutthetr6484 facts just highly unethical but that’s what folks get for thinkings with emotion and not logical so obvious he was a scammer he just looked like the investors so they trusted him
For those of you who don’t understand real estate, he just threw around a bunch of terms out of context in effort to sound educated. This guy is not educated about real estate, let alone as a fund manager
He doesn’t make them, he just allows them to talk long enough to expose themselves. Some ppl think they’re intelligent enough to fool everyone, Jermaine is one of them.
I watch this to learn more about standards and not being smooth talked into trusting someone with my money … also this interview didn’t age too well for him
Jay Morrison is a scammer and liar who didn't have any experience at all in real estate, investing, or managing a fund. He even went through bankruptcy at the time of this interview.
@@TheDipset1233 What they all have in common is the gift of jab. These are people who learn a few professional buzzwords mixed in with street lingos to fool people.
People who try to pressure people into investing with them rub me the wrong way. You shouldn’t have to do that. Your performance should speak for itself.
As Warren Buffett puts it: "If you have a track record of even slightly above average returns, you can be in the middle of the Atlantic Ocean in a rowboat and people will be swimming out to give you money to manage."
@@tjones1191 Jay said at the time he had plenty of successful real estate experience (which we now know he was lying) so he should have been able to show results, which he did not.
This is not a simple audit. It is a grand jury subpoena, which means that the prosecutors are suspicious enough that they went to a grand jury to FORCE Jay to appear. The grand jury saw enough that they agreed Jay should be FORCED to appear. I am DEFINITELY NOT saying that he is guilty, but this is definitely suspicious.
I gave Jay the finessing of the year award last year for scamming y’all gullible souls ... If you know anything about investing you would’ve known this “investment” was nothing but charity
Most times when someone is "scamming" investors, they do it in a manner where the "scam" is in a grey area that could or couldn't be theft.. Investors getting taken for their investment isn't a new thing. People always fail to understand how crafty criminals are. The game changes and gets more safisticated at a rate and time that would blow your mind. So to think these people aren't in jail so they didn't do anything criminal is nieve..
Sooo... what happened to the downtown property with a garage, the blues lounge 0:16 ?!? How did it become the legacy center that is now hosting his school, his tax business and his wife movie studio. Where and how will investors benefits from renting to the fund manager.
@@brixtonmystery not if they set the rental rate and they are responsible to enforce the late fee or evict. And they are the landlord and the tenant but investors paid for it and have no say.
I am just finding about the investigation into him and his companies. Its sooo sad that we do our people the same way others do because we always give people chances and always have hope. So sad!
Stop letting these pieces of shh tall you into your money by using big words. They use the same talking points that democrats have been using since the dawn of this country
It's not looking good. Check in with one of the investors I can't think of his name currently... Anthony perhaps? Smart young man out of Louisiana... He has a good video on their most "recent" fillings
"The Tulsa Real Estate Fund recently received a grand jury subpoena from the United States Attorney’s Office for the Northern District of Georgia and a civil subpoena from the Securities and Exchange Commission, each seeking documents and other information concerning the Company. The Company has engaged counsel to respond to the subpoenas and intends to cooperate with the investigations."
TrueLies it means they think there's some fraud going on. The guy didn't go through the normal process to get his fund started. He used a Intial Coin Offering or ICO and after Bitcoin went crazy nobody really talks about using any kind of Bitcoin.
Ok. 5 years late..... Random Voice : "you have reached the United states Federal Penitentiary, Atlanta, Georgia, please press 9 if you wish to speak to the inmate" "Hello" Stacey Keach : Hello Mr Morrison, I'm Stacey Keach, calling from American Greed, season 21, we're calling to see if you would like the opportunity to respond to the thousands of people that invested in your business and have now lost their homes and life savings"
Wall St money-types weren't laughing at this fund because they didn't believe a Black man could do it. They were laughing because they knew JAY MORRISON couldn't do it. To believe a fraud like Jay Morrison could compete with the stone Professionals on Wall St is patently absurd and laughable. Tulsa Fund will NEVER repay their investors even a minuscule return as compared to traditional investments.
Never invest with a dude who constantly references drug dealing for analogical purposes. I've seen this dude in other videos constantly using hustling to break down investing.
for anyone confused by what you said: investing isnt a hustle. Investing is the opposite of a hustle.Hustling is generally moving around a thing and trying to squeak out a profit quickly. Investing means taking something valuable and building something even more valuable with it using expertise, money and time. Giving a hustler money to grow=getting scammed
@@cjpayne2385 nah. You the type to get hustled. Go invest with him & let us know how that goes. Smart investors will stick with reits from Schwab, Vanguard, Fidelity & the like. This dude is on his way to being the Black Madoff.
@@Rollothemodel You've got to be kidding me. People that go for those REITs are misinformed. That's Lazy work. When you go for a REITs like that your not receiving the ROI you deserve. Do your due diligence
DARVIN ASAFO as someone stated below it’s a sales pitch. Normally 30 seconds which is a short, pre-prepared speech that explains what your organization does, clearly and succinctly.
Every black man, in this comment section, should be appalled by him using *Black Wall Street* as a reference, and tool to get people to invest... It's a slap in the face...
@@bemartythree6589 You should feel disrespected. He's being subpoenaed because his "business" shows signs of unethical practices. He basically admited you'll never get anything in return. Smarten up... are you going to invest? That's the real fucking question here...
@@isidrosalas5088 I'm not defending him cause I don't know, neither do you; but I defend the forgotten legacy of Tulsa's Black Wall Street and what that "should" mean to us.
Im not surprised the Feds and State sued: Black Wall Street was burned by the government--they do not want blacks to rebuild anything close to Black Wall Street. Black owned businesses where thriving and so forth & the black comunities were stronger.
I can name 20 people who are millionaire / billionaires including mark Cuban who talk a lot. Just because people talk more or less means nothing about credibility
C.N.G Towing Not really, that has to be said for any sort of risk driven investment. It’s a simple rule of thumb that you should never invest what you cannot lose. Vlad invests in stocks & the SEC tells investors that clearly in their guidelines for investors.
@@keilanhamilton7587 it's really a shame that people don't understand that they should never invest more than they can afford to lose ... look at all those people scammed by Madoff ... while a lot of them were very well-off and even related to the Royal houses of Europe there were many who are now old people working during their retirement including a guy who was 90 years old . Ashame .
After Jay finished that first spill…he just waited..that pause lol… like did he buy it lol as he’s twiddling his thumbs 😂 and then in true narcissist fashion he interrupts Vlad to say oh yeah and another thing I missed …because he realized that it wasn’t satisfying based on how vlad reacted…took a breath and said uhhh 🤔. 😂😂😂😂😂😂 I caaaaant. Life really sucks when you don’t have discernment.
Vlad listened to his niggababble and was like nah I’ll keep my $500 🤣
I swore up and down that Vlad was hating on this one. I was dead wrong.
Duh
I was the same lol 🤣
Facts 😂
Ok but if he’s a fraud then why is he not in Jail?
@@himynameis294 Same reason if you sign a contract with someone saying you are giving them 2 grand to do whatever they want with it and they take the money. If you dumb enough to get robbed without a gun, wtf the law got to do with that? 🤷Thats on you.
The Breakfast Club owes them Black community for introducing and promoting a lot of these viruses.
facts
Facts 🎯🎯🎯
Got to give people a chance, it's just sad that we have those that take advantage of people. Especially, using something as important as BWS to promote it.
Right and who owns the breakfast club?
Anyone with common sense could see threw him.
The flips, jumps and deflection on the very FIRST question qualifies this man to be a gymnastic major
🤣🤣🤣
😂😂😂😂😂😂😂😂
He said a whole bunch of nothing "answering" that first question
@@mictza450 I forgot the question by the time he finished. 😂
Prescient. Aged like fine chardonnay.
4 years later and Jay exposed as a fraud and scammer and the trust is depleted
🤦🏾♀️🤦🏾♀️
Predictable as the sun rising & setting.
I run a small real estate based business. He sounds like me at 23. Wanting to do a million different things and have a business that does everything.
No matter how ambitious you are - that does not work. The opposite works. Specialize in one particular niche and dominate it.
I keep telling people this! 💯
“My goal is to be the plug” - Jay Morrison
Nobody should have given this guy a dime after that...
Def a plug. I bet there are some white men behind him giving him the game to lure black ppl in.
Facts
The “plug” is for RE Private Equity lending because he can lend to black own projects whereas other institutions wont. But hes a scammer so, no not relevant
😂😂😂😂😂😂😂
@@MattyViceThe "plug" is also a term used in the dope game and since this idiot was a convicted drug dealer the mere fact that he used the word shoulda been a red flag.
If your fund manager uses phrases like:
1. “I have to keep my name good in these streets.”
2. “ I want to be the plug”
Be mad at yourself when you lose your money.
Facts
😂😂😂😂😂😂
😂😂😂😂😂
This the same guy who was charging people to view his wedding on a live stream im good fam.
Exactly! Not trying to put the brother down but I’ll pass on this. I’d rather take that $500 and throw it into the stock market instead.
MoneyOverFame agree 💯
I was actually thinking about investing the $500, but I had to do my research. I’m a firm believer in ‘if it sounds too good to be true ...’ .
Lmao what that has to do with investment
Brandon Vaughn so you gonna invest with a person who charges people 50 bucks to watch his wedding online? What benefit is that gonna serve anyone. That’s a money grab and if you doing that I’m Def not investing.
He talks about everything but exactly what he is doing with the money.
Exactly. When vlad said what do you do with the money, he hesitated and then came up with some bland, vague ramblings. That told you from the gate that at best, he didnt know what the eff he was doing. "We start doing smart deals..." Thats as dumb as saying "we start doing good stuff with the money." His body language shifted then too; he got into a more nervous mode because he was lieing/storytelling.
What did he mean “start doing good deals”? He wasn’t being specific. Plus what about transparency? Where is the money 💰 going? He turned $11.5 million dollars 💵 into less than $700k in less than 5 years.
He makes it sound good but he doesn’t know what he is doing. But he knows how to make it not look like theft.
Exactly.
This man should never ever let the names of Tulsa or Black Wallstreet come out of his mouth ... Pure blasphemy!
Its called selling water to a whale😂😎
Facts, my great grandfather was murdered during the race massacre & Jay still scamming black folk just tryna make it!
@@jknumber5138 🤦🏽♂️🤣🤣🤣
8% return minus 5.5% management fee = 2.5% return to investor. How did a whole community miss this. Ya’all basically legally gifted your money into JayCon’s pocket 😂🤣
Sad thing is one of my younger cousins had to persuade me not to invest, i almost drank the Koolaid.
Black people
Also he has NO education, and no fund management experience and decided to hire NO ONE with fund management experience and have NO board. Jay is all emotion no facts, numbers, or data.
@@zulufader9313 open more books
@@zulufader9313 Why wouldn't you invest into an Established REIT ? Jay gets far to much of any upside, while the investor takes all the risk. REIT"S they already have a track record,, many are traded on stock exchange, vs this over the counter stock, so it is way more liquid if need be. So the best REIT's I have invested were medical REIT, the medical buildings, with the leases, and also in parking lot revenue.
He has a shyster energy all about him. Sometimes just having the basic Street knowledge can prevent you from getting scammed by crooks like this. Shame on you The Breakfast Club.
Facts. The blinking & shoulder shifting & sneaky smiling tell his 2 bit con energy from the gate. Used-car salesman energy on blast.
Breakfast Club isn't to blame for anyone's lack of research
00:34 "we are currently a signature away from owning" ... Dammit we are all a signature away from a $1million property
Yesss!👊
😂😂😂😂
🤣🤣🤣
😅😂😂😂😂
@1:57 one word that I don’t wont to hear in investing, “Hope”
Let me correct myself, But when I think about, Unless you have an inside source type things going on, dare I say, that most investing is a certain percentage of Hope.
This aged well. This channel is a national archive. 💯
👀Definitely
5 YEARS LATER JAY HASNT DONE SH--T. I FEEL FOR THOSE THAT BELIEVED IN THIS TURKEY
He was smart not to invest. It's a total loss in the funds invested
My father ALWAYS told me NOT to trust ANYONE with beady eyes. 😶
Lol damn
Yeah, I was told never to trust a big butt and a smile... so you're starting off on thin ice
@@rctecopyright I'm a 5'3, 123 lbs, educated, business minded, 806 credit score, vegetarian, non smoking, non drinking, celibate, CONSCIOUS black woman raised by CONSCIOUS black men (a Tuskegee Airmen to be ONE of them). I don't have a big derriere, nor have the desire for one. The MOST HIGH has BLESSED me with a BIG BRAIN FILLED with wisdom & knowledge in which to uplift others. I DON'T have to pet snakes to be AWARE of their slimy ways. I trace track records which indisputably speak for themselves. Peace & CONTINUED Blessings from NYC. May you ALWAYS elevate & evolve.
@@tarawalton6778 chill sis it's a meant as light hearted humor. I get that it doesn't always translate well into text, though I can't help but try and get strangers to giggle from time to time. Anyway, that's all very interesting and I suppose since you lack a voluminous posterior you may continue smiling. It's a nice smile.
PEACE!!!
@@rctecopyright COOL!! 👍Kinda 'stressful' in the city right now. Cheesing BIG NOW!!😊😊
TK Kirkland: there was a point in time they wanted to put me on the 20 dollar bill..... I missed the photo shoot helping Samuel L. Jackson with his lines
😂💯
He’s better then Lavar ball with the lies😂😂😂
Jerry Thorpe 😂😂
😂😂😂
Vlad knew..
BIG FACTS!! I really do feel an American Greed coming.
He did .
The one time I hate that he was, smh. I believed in Jay, thank god I didn’t invest tho. I came close, he’s a hell of a pitchman
Yup…
TK Kirkland: I actually was the one who abolished slavery......
If it was a good investment he wouldn't go on vladtv to promote his fund to people who are financially ignorant.
Word
Boom
are they tho
@@papicryptocraven797 yes
Word
Average person would be all wide eyed with hope. Sad to see people struggle and then they get taken advantage of. Smh
It is really sad.
Vlad ain’t no dummy. He knew from the GET he was a scam. Didn’t want to insult him though. Glad he done
Bruh act like me trying to get a job 😂😂
naahh u hit it right on the head. in liek the 1st 2 mins im like "damn fam, are u on an interview"...."vlad an interrogator not a interviewer lol"
It’s called a “Roadshow”. Get your knowledge up
🤣🤣🤣
Frfr 😂
😂😂😂 knowin yo lyin yo a** off
I’m glad he challenged Jay on how folks can get their money back because you can’t easily sell or transfer shares... you can invest the same in life insurance. Folks should look into that more.
mara charese you are one thousand percent correct about insurance!!
Not trying to be negative but this information is false. As a licensed agent Insurance is not an investment! Although it is good to invest in! It does not perform as such.
Willie Johnson It’s fine. Elaborate and inform.
you're smart
@@williejohnson2586 Some ppl use whole/universal life policies as very long term investments. A different type of invest
I have a real finance background and my man right here is mixing n mincing so many words n terms. Clearly up to something. 😌😭🤮🤑
Exactly! I cringe everytime i see him... like bro, just say "you want to make risky investments but, you don't want to come out your own pocket" 😑😑😑
What terms is he mixing and mincing?
Exactly. Word salad that sounds good to people who aren’t financially literate but really it’s just overly vague. Did just sprinkles cool sounding words that people will recognize as a business term they’ve heard on tv.
@@JohnDoe-fm6md yeah I get you, I was just asking for examples
@@Metvmjn10 lol thyey wont give examples
As a Morrison, I can smell the BS from 2 miles away. Hope we’re not related 😩
😂😂
😂😂
On sight I know he is a criminal
rose eze Mannnn I never liked this dude. I guess my intuition was right
He should be on American Greed very soon
You wanna know what irony is? Vlad's interview probably legitimized Jay in the eye's of a lot of his investors.
You’re probably right lol
I had a weird feeling that Vlad actually did get a bad feeling about this guy but didn't have the guts to just straight out tell him thanks but no thanks I am not getting a good feeling about this , that's my guess. He could have been a hero ... and chose not to .
unfortunately
@@gardensofthegods Vlad is financially literate and well invested in stocks, etc. He saw through Jay like glass.
@@gardensofthegods he didn't wanna outright say it because then he'd be labeled a racist trying to keep a black man down who is trying to do something good for the black community
Rule #1 of investing: never give your money to someone else to invest.
Boom!
@Jimmy Cass & giving your money to someone else to invest wont either.
@zan zy get me a job bro
Decl Matte 😂😂😂
@@deondrepinckney3084 Yes, it can. You think people give their money to investment managers for all these years to not make money?
Screenshot this: this is the black Bernie Madoff in coming years. Dude is a fast talker. Anytime someone says "we're looking into" simply is selling a dream
Kirk State this 💯💯💯
This vid will be used as evidence 😂
You were so right man LOL
You were right
Jay's "Investors" AKA "Marks" need to Look into putting their Collective Feet Into His ASS. Lesson Learned: Read The SEC filings! This Worthless Pile of Crap had No Assets, No Track Record of doing what they are attempting, No real $$$ invested by Jay Morrison himself, and the list of Red Flags go on and on...If the SEC Filing looks a Mess Do Not Invest!!!
"Gotta keep my name good in these streets." How's that name now bud?
evobusa it never was good us street guys tried to warn y’all but I got told to stop hating on black folk but in reality I was tryna protect black folk from scammers!
Trae Lee you’re handsome if thats your profile pic .
@@Noe_Excusez you sexy
@@traelee7334 The ppl who needed to hear you heard you.
Cedric Taylor thank you
Coming up next on American Greed....
daa daa da daaa daaaaa da
Subzero: SHEESH!😈
They cancelled that show. I can't find it no more
Sho nuff....lol
Legit just read the comments on the original video... they were tearing Vlad apart... meanwhile...
🤣😂🤣😂🤣
Three things. First, Kim Basinger, the actress owned a town called Braselton in Georgia. Two, Venture Fund managers get a annual management fee rather their investments are successful or not. Three, His pitch sound very similiar to Bernie Madoff's pitch and he got people for over $170 billion.
This video didn’t age well.
Lol 😂
😂😂😂
@OK, Now Lets Talk Solutions you made 10 videos on why a black man would fail....do better king. Focus on building your own empire off your own work, not someone elses.
@@aboutmillions fuck that con man. Black or not.
This is crazy how this man has finessed the black community. No investor has asked the right questions. He never showed leases to the investors for the legacy center and now he is funding his so call actress wife's dream with investors money. This is highway robbery.
Also investors never verified to see if he had his own funds invested in the fund. How can you trust someone who does not have skin in the game.
Nah he scammed dummies who called everybody haters for trying to tell them…they all deserve to be taken
That's why the word black shud not blind you to bad investments.
It’s not robbery when you’re dumb enough to give it away
@@thetruthandnothingbutthetr6484 facts just highly unethical but that’s what folks get for thinkings with emotion and not logical so obvious he was a scammer he just looked like the investors so they trusted him
For those of you who don’t understand real estate, he just threw around a bunch of terms out of context in effort to sound educated. This guy is not educated about real estate, let alone as a fund manager
This is what help me to make up my Mind to not invest. Vlad is good at making people snitch on themselves
He doesn’t make them, he just allows them to talk long enough to expose themselves. Some ppl think they’re intelligent enough to fool everyone, Jermaine is one of them.
I watch this to learn more about standards and not being smooth talked into trusting someone with my money … also this interview didn’t age too well for him
Same here, I learned about this Jay Morrison situation from a TH-camr called JT the pocket watcher
Jay Morrison is a scammer and liar who didn't have any experience at all in real estate, investing, or managing a fund. He even went through bankruptcy at the time of this interview.
Gold, silver and oil will never let you down everything else enter at your own risk
You dumb ass , they’re both non renewable and much harder and much more expensive to start a business
I get that Dr.
Umar Johnson feeling -- Back in the day when he first started.
Scam artists like polight
Scheming
@@TheDipset1233 What they all have in common is the gift of jab. These are people who learn a few professional buzzwords mixed in with street lingos to fool people.
Correct feeling
People who try to pressure people into investing with them rub me the wrong way. You shouldn’t have to do that. Your performance should speak for itself.
the irony, now that he is exposed.
As Warren Buffett puts it: "If you have a track record of even slightly above average returns, you can be in the middle of the Atlantic Ocean in a rowboat and people will be swimming out to give you money to manage."
It’s called raising funds
@@tjones1191 Jay said at the time he had plenty of successful real estate experience (which we now know he was lying) so he should have been able to show results, which he did not.
Looking forward to watching the episode of American Greed that will feature "King Jay."
Vlad flashbacks have an air of pettiness.
Lol
Jay Morrison and the Tulsa Fund are under investigation.
Tha Missiz Why??
@@heavyizthacrown-5842 Don't know they haven't released any information yet. www.sec.gov/Archives/edgar/data/1704303/000147793219000871/tulsa_1u.htm
@@Calinotch06 I know, I saw the news story. I thought he put that in the description.
Dude blinked at least 100 times with in two minutes...damn
TK Kirkland: believe it or not I was actually the first investor on Wall Street....... I also was the first editor of wall street journal
@TheMg44563 TK Kirkland: I was the one who created emojis
🤣🤣🤣🤣 This is fuckin HALARIOUS!!!!
TK Kirkland: Vlad, I mentored Jesus 🤣🤣🤣🤣
Gotta throw that Vlaaaad in there 😂
Bro, they just looking into his fund.....
He aint do nothing wrong...SEC does it to everyone
What about the grand jury subpoena? That's a 2nd criminal investigation
This is not a simple audit. It is a grand jury subpoena, which means that the prosecutors are suspicious enough that they went to a grand jury to FORCE Jay to appear. The grand jury saw enough that they agreed Jay should be FORCED to appear.
I am DEFINITELY NOT saying that he is guilty, but this is definitely suspicious.
Facts but we believe anything they say and pull each other down this shit crazy
Nahh. The SEC does look into every financial institution, but they don't just hand out subpoenas.
He's a con. Check his first series of interviews & compare it to this one. Totally different persona.
Vald knew it was a scam from the beginning
I gave Jay the finessing of the year award last year for scamming y’all gullible souls ... If you know anything about investing you would’ve known this “investment” was nothing but charity
Most times when someone is "scamming" investors, they do it in a manner where the "scam" is in a grey area that could or couldn't be theft.. Investors getting taken for their investment isn't a new thing. People always fail to understand how crafty criminals are. The game changes and gets more safisticated at a rate and time that would blow your mind. So to think these people aren't in jail so they didn't do anything criminal is nieve..
You can’t spell worth a damn
Sooo... what happened to the downtown property with a garage, the blues lounge 0:16 ?!? How did it become the legacy center that is now hosting his school, his tax business and his wife movie studio. Where and how will investors benefits from renting to the fund manager.
Actually, that guarantees that the asset will have rental income and thus value.
ph1484 based on financial docs they’ve submitted to SEC. You are paying more on your mortgage or rent a month than they’ve paid in months.
@@brixtonmystery not if they set the rental rate and they are responsible to enforce the late fee or evict. And they are the landlord and the tenant but investors paid for it and have no say.
Anyone with a brain knew it was a scam
Vlad knew more about what Jay was talking about then Jay…😂😂😂
“Conceptually it’s an interesting idea..” NOT A GOOD IDEA😂😂😂
I am just finding about the investigation into him and his companies. Its sooo sad that we do our people the same way others do because we always give people chances and always have hope. So sad!
No he did himself like this,dont blame the people for sniffing out his bs
Stop letting these pieces of shh tall you into your money by using big words. They use the same talking points that democrats have been using since the dawn of this country
Him, Dana Chanel and Prince Donell. Derrick Grace as well. All scammers. Just stealing money from the black community
He’s not Black American. He’s a Jamaican immigrant from NY who used our history to lul us to sleep. Sick man
Can we get updated interview from this guy Vlad, I'm interested in knowing the status of the fund lol.
of course not scammers take the money and run
It lost 3 million dollars in a bull market smfh. 2.5 million of that was in "marketing" smfh
😮
It's not looking good. Check in with one of the investors I can't think of his name currently... Anthony perhaps? Smart young man out of Louisiana... He has a good video on their most "recent" fillings
Julien Gordon
THIS IS NOT A BUSINESS! THIS IS AN UNINTELLIGIBLE MESS.
In the words of Crunchy Black,”Glad” you was ahead of your time on this one” Good call Vlad he was outside his league..
LOL he said a whole bunch of fluff. "We're looking at" = "We haven't done a darn thing"
"The Tulsa Real Estate Fund recently received a grand jury subpoena from the United States Attorney’s Office for the Northern District of Georgia and a civil subpoena from the Securities and Exchange Commission, each seeking documents and other information concerning the Company. The Company has engaged counsel to respond to the subpoenas and intends to cooperate with the investigations."
so what does this mean ?
TrueLies it means they think there's some fraud going on. The guy didn't go through the normal process to get his fund started. He used a Intial Coin Offering or ICO and after Bitcoin went crazy nobody really talks about using any kind of Bitcoin.
It doesn't say hes a fraud so y is Vlad posting this
TrueLies it means they got caught conducting fraudulent schemes
@@traelee7334 And as of this week the fund is over and he will NOT be refunding the money to his investors.
This is some adhd, schizophrenic investments.
At the end when he started begging that's a red flag. He had mad red flags
None of these businesses he spoke of, came into fruition.
Ok. 5 years late.....
Random Voice : "you have reached the United states Federal Penitentiary, Atlanta, Georgia, please press 9 if you wish to speak to the inmate"
"Hello"
Stacey Keach : Hello Mr Morrison, I'm Stacey Keach, calling from American Greed, season 21, we're calling to see if you would like the opportunity to respond to the thousands of people that invested in your business and have now lost their homes and life savings"
Holy CRAP that was a long winded answer .....
Jay Ponzi 😆😆
8% dividend return that sounds like Berkshire Hathaway type returns I’m not the brightest guy but that sounds to good to be true.
How was he going to give a 8 percent divened that don't even sound legit
Wall St money-types weren't laughing at this fund because they didn't believe a Black man could do it. They were laughing because they knew JAY MORRISON couldn't do it. To believe a fraud like Jay Morrison could compete with the stone Professionals on Wall St is patently absurd and laughable. Tulsa Fund will NEVER repay their investors even a minuscule return as compared to traditional investments.
Never invest with a dude who constantly references drug dealing for analogical purposes. I've seen this dude in other videos constantly using hustling to break down investing.
for anyone confused by what you said: investing isnt a hustle. Investing is the opposite of a hustle.Hustling is generally moving around a thing and trying to squeak out a profit quickly. Investing means taking something valuable and building something even more valuable with it using expertise, money and time.
Giving a hustler money to grow=getting scammed
I peeped when he said he just wants to be the “plug”, smh I knew this guy was a fraud
That's because that's what he was doing when he was young but he moved on obviously
@@cjpayne2385 nah. You the type to get hustled. Go invest with him & let us know how that goes. Smart investors will stick with reits from Schwab, Vanguard, Fidelity & the like. This dude is on his way to being the Black Madoff.
@@Rollothemodel You've got to be kidding me. People that go for those REITs are misinformed. That's Lazy work. When you go for a REITs like that your not receiving the ROI you deserve. Do your due diligence
He blinks and talks too fast......#REDFLAG
the fact vlad had to explain to him created a reit is wild.
One question yielded a long diarrhea of the mouth answer 🤦🏾♂️. He needs to work on his elevator pitch
He's a con man. That's why.
killing me
its a sales pitch
DARVIN ASAFO as someone stated below it’s a sales pitch. Normally 30 seconds which is a short, pre-prepared speech that explains what your organization does, clearly and succinctly.
That's hard when you're lying through your teeth. Possible, but hard.
Every black man, in this comment section, should be appalled by him using *Black Wall Street* as a reference, and tool to get people to invest... It's a slap in the face...
Bullshit, Tulsa aka BWS is symbolic of past Black greatness being burned down but like the Phoenix rising again.
@@bemartythree6589 You should feel disrespected. He's being subpoenaed because his "business" shows signs of unethical practices. He basically admited you'll never get anything in return. Smarten up... are you going to invest? That's the real fucking question here...
@@isidrosalas5088 I'm not defending him cause I don't know, neither do you; but I defend the forgotten legacy of Tulsa's Black Wall Street and what that "should" mean to us.
JAY MORRISON HISTORY IS CONSISTENT. SCAMMING AND TALKING SLICK/FAST.
Hes building his black wall street with your money
All these flashbacks this the first time i ever bothered to find out why
Right.did you find out ?
Yea buddy got his ass sued by the state and the feds lol
Im not surprised the Feds and State sued: Black Wall Street was burned by the government--they do not want blacks to rebuild anything close to Black Wall Street. Black owned businesses where thriving and so forth & the black comunities were stronger.
I wonder if vlad ever got his check for $1.46? 🤣🤣🤣🤣
Now this is were Vlad comes in handy, when I'm trying to figure out this whole JMA scam situation, what happened?
U ain’t never lied. I don’t like vlad but he exposed jay. Or jay did all the talking and some 😂
He sounds like Giovanni Ribisi's character in the film "Boiler Room" and you see how he got down.
😂😂😂👌
😂😂 sad situation
Damn! Lol
People who talk too much are less credible..if your legit fewer words say more..you let your experience do the talking..
Funny, you probably have the brain of a small dog, that's why you're afraid of people who "talk too much". Fucking caveman
@@themodfather9382
My friend, you talk too much. Either pull up on *Ditc 210* or shut up
@@themodfather9382 haven't u heard the term real gs move in silence..
I can name 20 people who are millionaire / billionaires including mark Cuban who talk a lot. Just because people talk more or less means nothing about credibility
He blinked 174 times in 2 minutes… he’s not even making sense how did he scheme these people
I quote, “you should always invest what you can afford to lose”. Sounds like you loss the moment you handed your money over. 🤔
C.N.G Towing
Not really, that has to be said for any sort of risk driven investment. It’s a simple rule of thumb that you should never invest what you cannot lose.
Vlad invests in stocks & the SEC tells investors that clearly in their guidelines for investors.
@@keilanhamilton7587 it's really a shame that people don't understand that they should never invest more than they can afford to lose ... look at all those people scammed by Madoff ... while a lot of them were very well-off and even related to the Royal houses of Europe there were many who are now old people working during their retirement including a guy who was 90 years old . Ashame .
TK Kirkland: I opened the very first KFC joint back then it was kirkland's Fried Chicken
I read some weak TK jokes on here😐. Your joke was cool, tho 😂😎
Where’s the people who said he destroyed vlad. I hope it works for him.
My whole office smells like a cattle ranch due to all this bullshit.
Some of y’all owe Vlad an apology he was NOT hating he just knew a Scammer when he talked to one….
2:12 Vlad knew it was BS for sho
Dude ended up buying a 800k house with that Tulsa Fund lmao
Aged like or fine wine💎Vlad was on point!
Update: Too much Sam Rothstein 😩
Tk Kirkland:"you know Vlad my Grandmother had her restaurant burned down in Tulsa but it was done by the blacks".Real talk Vlad
He didn’t do not one of these things he said on Vlad Tv 🤦🏿♂️🤦🏿♂️🤦🏿♂️
After Jay finished that first spill…he just waited..that pause lol… like did he buy it lol as he’s twiddling his thumbs 😂 and then in true narcissist fashion he interrupts Vlad to say oh yeah and another thing I missed …because he realized that it wasn’t satisfying based on how vlad reacted…took a breath and said uhhh 🤔.
😂😂😂😂😂😂
I caaaaant.
Life really sucks when you don’t have discernment.
he tried to throw Vlad off from his line of questioning and it didn't work lmao.
This is hilarious
Shit sounds good to someone who don’t know about investing!
He just talking in circles
@djvlad please bring jay back on for an updated interview
This answer was too long winded.. he rehearsed that shit… 😂
I feel sorry for the poor people who chose to invest their money into this crap !
Not me.
DREAMS of SCHEMES, Jermaine is a clown with makeup. He didn’t do anything on Auburn Ave. either 😂
I guess we owe Vlad and apology lol
I remember a few years ago seeing Jay as real estate expert on CNN. Still haven't seen anything anywhere about Tulsa shutting down though.