A December 9th Status Report from the iMarketsLive Receiver provides insight into co-founders Chris and Isis Terry’s mansions.

The mansions were purchased with funds misappropriated from consumers through iMarketsLive and its predecessors (IM Mastery Academy and Iyovia).

Notably, neither Isis Terry or Keishia McLeod, Chris Terry’s girlfriend, are happy about returning assets purchased with ill-gotten gains.

McLeod argues that the hundreds of thousands in gifts Chris Terry purchased her are exempt from clawback. When the Receiver rocked up to Isis Terry’s mansion, she threw keys on the ground and stormed off.

On November 6th, The iMarketsLive Receiver and his legal team accessed four properties in the US belonging to the Terrys.

The visits followed a November 5th order, making the Temporary Receivership permanent due to asset hiding (note the order was filed on November 7th).

Oh and before we get into the report, if you’re wondering why Chris Terry was banging another woman, the Terrys entered into a sham marriage in an attempt to protect assets.

Unfortunately that’s not going as planned.

Mount Kisco, New York

The Receiver’s team accessed the Terry’s New York property, Isis’ home, at 9am.

From the Receiver’s report;

Ms. Terry opened the gated entry and waved us in. She initially refused to identify herself or speak even when the Receiver indicated her attorney … wished to speak with her.

A short time later, Ms. Terry left the house once her attorney informed her of the requirement to do so.

The house is extremely large (more than 12,000 square feet), with four floors, including the basement, and sits on roughly 11 acres of land. It was furnished spartanly, and it appeared that only one person is presently living in the house.

The house was well kept and clean. None of the furniture looked particularly high-end.

The closet in the master bedroom contained very few clothes, particularly given the size and scope of the closet, and none of the contents were luxury brands we know that Ms. Terry purchases.

We took video and photos of the entire house and investigated its contents as described below.

There were seven cars onsite. These included two older cars, a BMW, a Mercedes, and newer vehicles in the garage, a Bentley, a Rolls Royce, and a Range Rover, and another Range Rover parked in front of the house. Ms. Terry drove off in a Jeep Wrangler Rubicon.

There was also a pool house, a pool house basement, and a storage barn. Nothing of importance or relevance was found in those locations.

While it appears the Terrys have attempted to hide assets…

In the attic, there were many storage bins containing empty luxury goods boxes, including dozens of empty Gucci boxes.

Separately, we later found an entire box of luxury item hang tags, most with the prices (often several thousand dollars) included.

While we located the boxes and hang tags, we did not initially locate the items.

…fortunately Isis left behind a file cabinet containing “a substantial amount of documents”.

Some of the documents went back more than 20 years and contained detailed information about employment, financial condition, and living situations.

Ms. Terry is a prolific notetaker and appears to save all her receipts.

Cursory review of the documents revealed “several items of personal property” that Isis had failed to disclose to the Receivership.

There was one locked room in the basement for which we asked for the key.

Ultimately, Ms. Terry returned to the property and threw the key near the front gate for our retrieval.

The basement was a wine cellar Isis had converted into a storage room.

[The] room is being used to store Ms. Terry’s luxury purchases, which appear to have been consolidated there. We do not know the reason why Ms. Terry put all of these items in one place.

There were dozens of women’s designer clothes inside hanging bags. There were dozens of pairs of luxury designer shoes. There were dozens of luxury designer bags. We videotaped and took pictures of many of these items.

While these items were purchased for thousands of dollars each, and as a group, it seems likely the items were purchased for hundreds of thousands of dollars, we decided not to remove the items.

We later received the express commitment from the Terrys through their counsel that they would not remove the items pending further instruction.

Inside the basement was a safe.

At our request, the code was provided by defense counsel. Inside the safe were several watches and jewelry items.

It also included the engagement ring that we knew about by virtue of our review of emails and which was discussed at length with Ms. Terry in her deposition and subsequently added to her financial disclosures.

But the safe did not include the number of watches and other jewelry items we expected to be onsite, based on our investigation and the hang tags, invoices, and notes of Ms. Terry we found onsite.

The documentary evidence suggests there are many luxury watches and jewelry that are located somewhere else and have never been disclosed. We took an inventory of the modest number of jewelry items we discovered, including the engagement ring, for safekeeping.

Further review of Isis’ documents provided further insight into how other assets were hidden.

In the process of reviewing documents in Ms. Terry’s office, we located a new application for a safe deposit box dated August 27, 2025.

It appears that Isis Terry along with her brother Frank Gomez (who lives in Florida) jointly opened a safe deposit box at the Mount Kisco Wells Fargo branch at that time – just two weeks after the entry of the preliminary injunction.

When completing her financial disclosures under penalty of perjury in this case, Ms. Terry indicated “none” when asked whether she had a safe deposit box.

We do not know if Ms. Terry ever used this safe deposit box. Our office immediately let Wells Fargo know that no access should be given to that box.

On December 4, 2025, we secured access to the Wells Fargo safe deposit box, and it was empty.

Cataloging Isis Terry’s mansion was a long day.

Our review continued until just about 7:00 p.m. We did not take any of the clothing items. However, the email we sent subsequently to the Terrys’ counsel let them know that we had identified numerous items worth more than a $1,000 and made clear that the Terrys were under Court order not to give, sell, or otherwise dispose of these assets.

Henderson, Nevada

The Receiver’s legal team accessed the Terrys’ Henderson, Nevada mansion at around 10am.

The Receiver’s counsel was accompanied into the Feathertree subdivision, a gated community, by uniformed officers of the Henderson Police Department.

Mr. Terry and Ms. McLeod were present upon arrival. Both were cooperative, granted counsel entry, and left when requested to do so.

The local police officers remained near the site while counsel was present, but their assistance was not necessary.

This property is titled in the name of QCS1, LLC, a company owned by Keishia McLeod. The Receiver claims the property was bought with funds misappropriated through iMarketsLive et al.

Christopher Terry and McLeod live at the Henderson, Nevada property.

Upon arrival, there were six vehicles located outside of the property behind a gated driveway, and there was another vehicle located inside the garage.

The vehicles included: a 2021 Cadillac Escalade; a 2019 Rolls Royce “Dawn”; a 1963 Chevrolet Impala; a black Convertible Ferrari; a 2021 Mecedes Benz Maybach S Class 580; a 2016 Lamborghini Huracan LP 601 4; a 2020 Jeep Wrangler Unlimited Rubicon; and a 2017 Ferrari Convertible 2D 488 Spider Convertible (located in garage along with a golf cart).

In our discussions with Ms. McLeod’s counsel, we also understand there is a Porsche titled in Ms. McLeod’s name that was purchased with IML funds and is a Receivership Estate Asset.

In addition to these, Ms. McLeod and Mr. Terry drove off in an electric blue Lamborghini.

Like the property Isis Terry inhabited, Christopher Terry’s mansion was on the larger side.

The house itself was very large (approximately 11,388 square feet). In the entrance foyer, there was a baby grand piano as well as a crystal chandelier hanging from the second floor.

On the first floor, there was a lounge room with a leopard rug, a large screen television, a sofa, and a professional massage chair. There was also a two-story dressing room with closets on both floors.

The bottom story appeared to have an area for men’s clothing, hats, and shoes that were located inside glass/wood cabinets. On top of the dresser were numerous pairs of high-end sunglasses, designer bags, and scarves.

Also located on the bottom story were clothing racks with designer women’s clothing and shoes.

Many of these items cost more than a thousand dollars; while we did not take any of these items into our possession, they are subject to the Parties’ agreement that the Terrys are not to dispose of them absent notice to the Receiver.

A stairway led to a landing area with cabinets and shelving containing designer purses, jewelry, a tiara, iPhones, and air pods.

This landing area also held a clothing rack with women’s designer clothes. There were many empty designer clothes boxes.

This landing led to yet another dressing area which held women’s luxury gowns, clothing, leisure wear, and business clothes.

There were also two open safes on the landing that did not appear to contain assets. (They were either never used or were emptied prior to our arrival.)

In Chris’ and McLeod’s bedroom, the Receiver’s team found “a massage table, a large screen television, and a Power Plate lymphatic system”.

On a desk in the bedroom were pharmaceuticals, including steroids (testosterone). On the four bar stools adjacent to the bar, there were 10 designer purses while designer sunglasses (Versace, Gucci, etc.) sat on the counter.

On the bar area were portable batteries for electronics, two iPhones, and three Bittium devices (which provide secure communications and often cost over ten thousand dollars).

The kitchen included a walk-in refrigerator, numerous high-end appliances, a water purifier system, seven blenders, and five high-end knife sets in wood cases. There also was a cold-plunge pool and a room for monitoring eight surveillance cameras.

The three-car garage contained the Ferrari, a golf cart, large screen televisions, an electronic safe (unopened), and numerous storage boxes with framed photographs, office supplies, tables, and cleaning equipment.

Upstairs on the second floor the Receiver’s team found a “professional conference room”. The basement appears to have been set up as a studio for McLeod to record in.

The basement contained an expansive recording studio, consisting of three rooms. The first room was the recording studio control room (with a sound board, a mixing board, outboard effects, monitor speakers, keyboards, and a large monitor with a glass window that viewed the live room); the second room was the “live” room, containing amps, guitars, and other string instruments, chairs, tables, lighting equipment, smart boards, camera equipment, and microphones; and the third room contained percussion equipment and a large screen television.

In addition to Chris Terry and McLeoud’s Nevada residence, numerous plots of undeveloped vacant land have been invested into in Henderson.

These lots are owned and controlled by the Terrys through the following entities: Dominant Consulting Group, LLC (Auspicious Trust) (13 lots); Cityview Ridge LLC (1 lot); and St. Croix LLC (1 lot).

Three of the lots are encumbered by the same mortgage obligation of approximately $3.39 million, which was entered into with a hard money lender named Ignite Capital.

That loan is in default. We do not know the reasons why this loan was made in the first instance, but the Receivership Estate is encumbered by this debt obligation nevertheless.

Las Vegas, Nevada

The Terrys own a regular condominium at Waldorf, Las Vegas. The property was registered as the identified address of iMarketsLive and its predecessors.

A member of the Receiver’s team had previously entered this unit in August, as it was identified as an IML business address in the initial PI. The computer onsite at the time was imaged.

Counsel indicated that while the condo was furnished and there were indications that people had lived or stayed there (e.g., clothes, dishes, etc.) in the past, there did not appear to be anyone presently occupying it.

There were no cars located at this address.

The Receiver has also confirmed with property management that the Terrys will no longer have access absent approval from the Receiver.

The Waldorf is subject to a $2.253 million mortgage and is presently several months in arrears.

Sunny Isles Beach, Florida

The Terrys own a “luxury condominium” in Florida. The Receiver’s legal team obtained access at around 1:30pm.

Prior to the immediate access, the Terrys had moved personal contents out of the Sunny Isles property.

It is not known how much was kept there previously, but property management reported the condo had other contents the last time they were in the unit, which was less than two months earlier when Ms. Terry was last living there.

The only items of note to be found were titles to the two cars, which we secured. We took pictures and video of the condominium, but since it was essentially empty, except for furniture, this process went quickly.

Miami, Florida

The Terrys own a penthouse unit in Miami, Florida. The Receiver’s legal team obtained access at around 3:30pm.

[The Terrys] purchased this unit in the fall of 2024, after several years of a lease-to-buy agreement.

The unit had no power when we entered because the Terrys had failed to pay the electricity bill.

According to the property manager, there was therefore a risk of mold because the air conditioning unit could not be run.

Shortly after learning this (the next day), we contacted the utility company and established an account and got the power turned back on to mitigate this risk.

The Terrys were also more than 60 days behind in paying their HOA fees on this property.

The property manager also pointed out that the Terrys had failed to care and maintain the deck for the elevated hot tub on the very large outdoor balcony, which meant that there could be some repairs that would be needed.

We had the locks changed and instructed management that no one was to be given access without the Receiver’s permission.

We located set of car keys to a Chevy Suburban, which is parked and secured in the building’s garage.

Much like the Sunny Isles Acqualina condo, the Terrys kept the condo furnished, and it also had few to no personal belongings, apart from a few stray personal items, such as a pair of $750 Gucci shoes.

As with the Terrys’ other apartment, there were several empty bags for luxury brands, though not as many located here.

There was also some mail for that address directed to Frank Gomez, Ms. Terry’s brother, suggesting that he at one time had lived there or at least used it as a mailing address.

The Terrys have also put a $1.69 million down payment for another condominium in Miami, Florida. At time of reporting, the $5.4 million plus condo has yet to be built.

New York City, New York

The Terrys own a condominium in Manhattan, New York City. The property is being rented out at $35,000 a month, however the current tenant has informed the Receiver they intend to vacate at the end of March.

Dubai properties

The Terrys own two properties in Dubai, the “Palm condo” and the “Bulgari condo”. Both properties were inspected on November 10th.

The house manager was cooperative and confirmed that the Terrys had not recently been in Dubai and that no one had occupied either unit (the One Palm or the Bulgari property) since a visit by Ms. Terry, which ended in January of 2025; he also confirmed that no contents had been removed from the two units.

The house manager explained that Ms. Terry had been in Dubai a total three times since he was hired: November of 2022 until January of 2023; January 2024 to March 2024; and August of 2024 until January of 2025.

Mr. Terry was only present during the first visit in late 2022.

At present, the house manager indicated that he was the only person located in Dubai that was currently being paid by the Terrys (although the last pay was in early September); when Ms. Terry visited Dubai, she brought with her two bodyguards and a chef, and she hired a local driver.

While Isis Terry’s clothing had been cleared out of the condos, one still had Versace clothes belonging to Chris.

In September of 2025, the Terrys stopped paying the house manager. But they offered a compromise.

In violation of the asset freeze in place, the Terrys told the house manager that he could sell Chris Terry’s Versace clothes back to Versace as compensation.

He went to a Versace store in Dubai to inquire; he was told that the Versace store needed to speak with one of the Terrys before purchasing any of the clothes back.

The Terrys apparently never followed up with Versace. Thus, none of these clothes have been sold.

In a safe the Receiver’s counsel found

keys to both condos, a necklace and head piece, an envelope with ADIB statements, and two Vanuatuan passports.

There was no indication that the passports had been used for travel, although we have seen indications that the passports were used in connection with an effort to move IML business out of the U.S. to Dubai.

The bottom shelf of the safe contained papers. These included documents relating to car purchases, including indications that $2.7 million was paid for a Rolls Royce and a 2020 Dutch hypercar; according to the house manager, by time he was hired by the Terrys in November of 2022, they did not have the hypercar.

We inspected three vehicles in the One Palm garage downstairs, a Rolls Royce, Range Rover, and a Toyota (for staff), all of which remain secure.

There were also numerous documents relating to the efforts to obtain passports from Vanuata.

These confirmed that securing non-U.S. passports for more than half a million dollars from a foreign country was not a casual thing done by the Terrys; rather, the process involved many steps – this evidence provides further indications that Ms. Terry’s answers under oath that she did not recall the details about obtaining such passports were not credible.

We also found other documents in the safe about the Terrys’ plans to restructure IML. At the time of finding them, we were already aware of the Terrys’ concerted efforts to move the IML business outside of the United States; these documents provide further confirmation of the Terrys’ efforts to save the IML business in the event that the FTC sought to shut down the business.

Although the Terry’s plan was to relocate to Dubai, the MLM crime capital of the world, the Receiver noted;

It does not appear that the Terrys were successful in setting up Dubai operations for IMLrelated entities. But they did take steps to do so, including purchasing and funding several Dubai-based shelf companies and leasing office space.

The goal appears to have been securing Dubai-based payment processors willing to work with the Terrys.

It does not appear, based on what we saw, that the Terrys were ever able to secure payment processing for their Dubai-based business.

Keishia McLeod assets

The Receiver asserts Keishia McLeod as a front for Chris Terry to divert assets.

The most significant asset of QCS1/Ms. McLeod is the Henderson Nevada house “owned” on paper by QCS1, but controlled by Mr. Terry, which is discussed above; however, based on our investigation, review of documents, and the inventory of assets located at the Feathertree house, Ms. McLeod received hundreds of thousands of dollars of IML proceeds in the form of jewelry, clothing, and automobiles titled in her name.

It is abundantly clear that Ms. Terry was increasingly using his girlfriend Ms. McLeod to be a front, and he directly involved her in his efforts to divert assets.

One cited text exchange between Chris and McLeod appears to confirm this.

Texts from Mr. Terry to Ms. McLeod: “Protects assets nobody can touch lol Why do u feel I have office Realesate is protected Why fla. Homestead why Vegas homestead Is reasons ur sa[f]e fla Vegas Daddy planned for u… Assett protection for uFla and
Vegas Only two places on US Can do that Daddy got u alw[a]ys.”

Whether Chris referring to himself as “daddy” in the relationship was his idea or McLeod’s is unclear.

Through her attorney, McLeod has represented to the Receiver that she is entitled to keep the assets.

Ms. McLeod’s automobiles and jewelry are not owned or controlled by Chris Terry. Her 1963 Impala was a gift received from Chris Terry in June 2022. Her Lamborghini Huracan was a gift from Chris Terry in October 2020.

She also owns a black Porsche convertible (not a Ferrari) which was a gift from Chris Terry in July 2020.

Regarding Ms. McLeod’s jewelry, the tiara was a gift from Chris Terry in August 2021.

Ms. McLeod’s position is that her automobiles, jewelry, and Feathertree home are not owned or controlled by Chris Terry – all
were gifts to her.

The Receiver asserts McLeod’s “gifts” ruse ” is tantamount to refusing to comply with her court-ordered obligations under the [preliminary injunction].”

Sale of the properties

The iMarketsLive Receiver is looking to sell off the majority of the Terry’s properties.

To that end the Terrys have agreed to sign a Power of Attorney, allowing the Receiver to sell of the Dubai properties.

The other properties are either being listed for sale, have been listed for sale, or the Receiver is evaluating what to do next.

Another identified asset that will likely be sold is a yacht the Terrys purchased for $3.75 million in 2021.

Also the Receiver is not convinced all of Isis Terry’s assets have been declared.

We have also taken possession of only a limited amount of other jewelry and watches located at the Mount Kisco house; however, we are confident that the defendants have not identified and we have not located or taken possession of the majority of the Terrys’ jewelry, which we believe they spent millions on.

A hearing on the Receiver’s filed report is scheduled for January 7th, 2026.