Whenever we see a major regulatory bust, there’s always at least one individual or entity that believes the rules don’t apply to them. For whatever reason, the concept of “funds obtained through illegitimate business activities don’t belong to you” doesn’t ring home. Following the recent FTC shutdown of MOBE, Qualpay have stepped up and demanded [Continue reading…]
Articles under ‘MOBE’:
A new motion by the FTC has requested the currently scheduled preliminary injunction hearing for June 26th be pushed back to July. The FTC’s motion has consent from all of the named defendants, as well as the court-appointed temporary MOBE Receiver.
The FTC are looking to depose Susan Zanghi, one of three individual defendants in their case against MOBE. In an unusual turn of events, prior to Zanghi’s deposition the FTC have filed an emergency motion to unfreeze $5000. The requested funds are to pay for limited legal representation at Zanghi’s deposition.
On June 5th a Florida District Court Judge appointed a temporary MOBE Receiver. The Receiver has taken control of MOBE’s assets and will work towards an eventual distribution of losses to Matt Lloyd’s victims. In the meantime Lloyd himself appears to be in hiding.
The FTC’s request for a Temporary Restraining Order against MOBE is supported by over 4557 pages of evidence. This includes: declarations from multiple MOBE victims (168 complaints were filed with the FTC) citations from MOBE’s 2016 case against Digital Altitude evidence collected from transcripts of communications between undercover FTC agents and MOBE staff evidence collected via [Continue reading…]
After the FTC busted Digital Altitude earlier this year, inevitably people began asking “What about MOBE?” So similar are MOBE’s and Digital Altitude’s “high-ticket marketing education” business models, that MOBE actually sued Digital Altitude in 2016. Having won an injunction against Digital Altitude and the scam all but shut down, now the FTC have filed [Continue reading…]
Following our announcement yesterday, BehindMLM can now confirm an FTC investigation into MOBE. That investigation is directly responsible for the MOBE website being offline and suspension of business operations.
This morning I received intel that two days ago top earners, Michael Williams and Michael Giannulis, informed their MOBE downline they were leaving the company. The cited reason for Williams’ and Giannulis’ departure was an FTC investigation into MOBE. Currently every MOBE corporate website is down. Here’s what we know.
The MOBE website identifies a corporate address for Mobe LTD in Kuala Lumpur, Malaysia. According to recent footage released by Malaysia’s Immigration Department, officers raided a property in connection to MOBE and made immigration related arrests.
By all accounts, 2015 was a great year for Bazi Hassan in MOBE. In May Hassan shared his success story in a promotional video for MOBE, celebrating his qualification for a free luxury car. I’ve been in this industry for about four years now, and I’m going to be completely honest with you guys. For [Continue reading…]