iMarketsLive @ BehindMLM

The CFTC has issued a press-release confirming iMarketsLive and Wealth Generators were ‘illegally offering forex and binary options to retail investors in the United States‘. According to the CFTC, both MLM companies failed to register their respective offering, making the businesses illegal.

If you need a prime example of the incestual slime that oils the MLM underbelly, look no further than iMarketsLive’s recently filed lawsuit against Copy Profit Success Global.

As I write this Alexa cite the UK as the fourth largest source of traffic to the iMarketsLive website (5.8%). This seems to have caught the attention of the Financial Conduct Authority, who back in May issued an iMarketsLive warning.

Although iMarketsLive has made efforts to address a potential lack of retail sales, unregistered securities is still an ongoing compliance issue. Last month Colombia issued an illegal investment warning against the company, with the Central Bank of  Curaçao en Sint Maarten this month following suit.

According to Alexa, Colombia is currently the fourth largest source of traffic to the iMarketsLive domain. The recruitment efforts of Alex Morton and his posse haven’t gone unnoticed by the Superintendencia Financiera de Colombia, who earlier today issued an investment warning against iMarketsLive.

International Markets Live, more commonly known as iMarketsLive, was first reviewed on BehindMLM back in 2013. What I found was an MLM opportunity offering investment trading advice with zero retail. The company was so out of compliance it was comical. As per an August 6th Facebook post, in mid 2016 CEO Christopher Terry told Alex [Continue reading…]

International Markets Live (more commonly referred to as iMarketsLive), is headed up by President and CEO Christopher Terry and based out of New York in the US. Describing how iMarketsLive came about, the company claims that after years in the financial markets, a group of traders have come together with a group of marketers to [Continue reading…]