MOBE admins confirm FTC investigation, beg for legal defense funding
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.
Our first confirmation comes from a Canadian-based contractor, citing an official announcement by MOBE’s “tech team”.
Hi everyone. I know a lot of you have been asking what is going on and right now NO ONE has a definite answer.
Based on an announcement from the tech team, the FTC has stopped all MOBE websites with no warning.
Secondary confirmation was received by one of MOBE’s social media admins, claiming the same thing.
Based on an announcement from the tech team last night, the FTC has stopped all MOBE websites with no warning.
From what myself and a few other top leaders have researched and analyzed – By law, Matt and the MOBE team are not allowed to reach out, or talk or post on social media.
We will continue to update as information becomes available. But it’s the weekend so we don’t expect to hear anything for the next few days.
Again, we are not in contact with any of the MOBE team and do not have definitive answers.
Nor do we have access to, or authorization to speak in [sic] behalf of MOBE.
Initial responses to confirmation by MOBE’s top earners include requests for funding to mount Matt Lloyd’s legal defense.
If you’ve been thinking why doesn’t Matt (Lloyd) just made an announcement, it’s not as simple as that.
The research shows that it’s regarded as a “criminal offense” for him or anyone to do so.
In these cases a group of outside people can raise money to fund a team of lawyers to put a case against the FTC.
In theory here’s what this would look like;
The costs are say $250K, but the first $100K instalment should be able to get things moving.
The lawyers would take this money and support Matt.
Then Matt would pay a hefty settlement… whatever it may be. We all know Matt will pay it.
If you are able to help financially, please reach out in a private message.
From this we can surmise the FTC’s TRO has likely frozen Lloyd’s and MOBE’s known assets.
Recalling the same requests made after the SEC busted Traffic Moonsoon, donated funds are typically lost on efforts that only prolong the inevitable.
The FTC wouldn’t have filed suit against MOBE had they not sufficient evidence to prove the majority of company-wide revenue was being derived from affiliates.
That is to say MOBE was operating as a pyramid scheme, regardless of the products and/or services attached to it.
We certainly suspected as much in our published 2014 MOBE review, pointing out that the retail viability of $30,000 “we’ll teach you how to market” courses is questionable.
Like Digital Altitude, this pitch typically devolves into, “We’ll teach you how to recruit new affiliates who’ll pay $30,000+, who’ll then recruit new affiliates who’ll pay $30,000+” and so on and so forth.
Based on how the FTC’s case against Digital Altitude went down, I’m expecting the MOBE complaint will be unsealed next week.
Stay tuned for a full analysis and breakdown as soon as we have access to the legal docs.
The ignorance is astounding, especially considering how much trouble MOBE has been in since every single principle that had built MOBE for Matt abandoned ship back in 2016 when Athar Roshan, Russell Whitney & Ross Weber and Matt decided to slowly dismantle “expensive” legal operations for more profitable and less restrictive methods of ‘business’.
Having a bunch of actual ethical professionals run things really ruined their opportunity to scam people.
Newsflash – Matt’s not a genius marketer – he’s a conman who maliciously deceived teams of people to feel sorry for him and help him create a fictional version of himself called “Matt Lloyd” and the lie that he ‘created’ “MOBE”.
Reality is he stabbed every person that wasn’t a criminal who ever helped him when they fulfilled their promises and asked him to fulfill his promises.
He used his offshore entity status to threaten people he tried to bankrupt and silence behind his criminal brick wall.
Of course this doesn’t mean they shut up and forgot about the hundreds of thousands he owed them just because they took down their damning YouTube videos, BBB complaints or withdrew their petitions for payment.
The resources it takes for the FTC to shut down everything the way they did combined with the wealth of investigative material means that it is over.
None of the independent contractors have or are getting paid for May or June, no affiliates will get paid either.
When the TRO comes out, it will have the information for injured parties and will clearly state that the official petition process will not begin until the final order.
It takes years in cases like this when so much money is at stake, the principles are known criminals, and there is evidence of hidden money around the world. Matt owns or is part-owner in over 20 known LLC entities tied to MOBE in the US, Labuan, Malaysia, Mauritius, Hong Kong, Panama, United Kingdom, Malta, Costa Rica, Australia and Canada.
On top of that, MOBE corporate offices were raided and shut down by Imigresen and the LDHN over the 2017 holidays.
This isn’t going to be over for a long time because it’s been building for a long time. Revenge really is a dish best served cold.
Eat up Matt, Athar and Gang
DO YOU HAVE EVIDENCE OF ANY OF THIS?
Yep. Anything in a green box is quoted verbatim from the stated sources.
I feel so dumb for falling into the MOBE trap. Luckily I was still in the 21-step “sell me more stuff” program when they got shut down.
Only a $2500 lesson for me, I feel bad for others.
What’s alluring about MOBE is that it has such a positive feel to it. They have you read empowering books (which have truly changed my life!) and put forth an altruistic principle behind everything.
My gut told me something was rotten under the water, and I suppose this is it.
I am so thankful that a set of circumstances delayed my ability to “invest” more.
Thanks for reporting on this Oz.
Thanks for update.
DA, MOBE who will be next? Everyone interested in the “make money online” MLM niche should read the FTC Reports on DA first. It will truly open their eyes.
Those programs are just designed to make their founders and associates richer, with no return on investment for the customer at all.
I mean there is nothing wrong selling information products on the internet, but if the only benefit of a “product” is the right to resell this “product”, it is nothing else but a scam.
Hopefully Vick Strizheus and his endless recruiting schemes (currently Four Percent previously High Traffic Academy) are shut down next.
He’s trying to dress it up like an “educational platform” but the FTC aren’t stupid.
These scammers and those like him are on borrowed time right now and I for one, welcome this crack down.
Well I guess that is true, but the benefits of these products went far beyond just having the ability to resell them. If you wanted to become a fully trained entrepreneur, expert online business owner, and fully independent this system would allow you to do it.
It is just like in my CFAI books where they explain what we are doing is we are just getting started in our learning phase, and then you grow as you get more professional work experience.
By the end of the program not only could you sell any MOBE products (high-ticket and from the market place), but you would be able to plan and sell any other product through affiliate marketing, and even learn how to make your own…
It’s too good, and useful to be over just like that. I heard Digital Altitude didn’t even try to fight it they just cut bait and ran and MOBE is fighting their injunction.
He’s one snake that has managed to escape the net on many occasions but if the FTC are now going after ‘Educational videos leading to a pitch for thousands of dollars to continue’ type programs he’d better watch out 😉
@Joseph
Adding pseudo-compliance (“but you can sell other things!”) doesn’t change the primary source of MOBE’s revenue (affiliates hoping to make money recruiting new affiliates).
To me any program that runs the Rat with a Gold Tooth sales pitch, has a limited life that ends in tears and makes the Lawyers richer.
This says it all.
$30,000 “we’ll teach you how to market” courses are a pick pockets dream come true.
This pitch typically revolves around, you pay $30,000 for the right to get involved and “We’ll teach you how to recruit new affiliates who’ll pay $30,000+, who’ll then recruit new affiliates who’ll pay $30,000+” and so on and so forth.
The top affiliates that bailed on MOBE recently thinking that distancing themselves from the program will save their gold plated arses, the tip is, it wont.
They cant possibly think that they can spin the BS that they didnt know? They just milked it for they could then snuck off into the mist.
That used to work but the long arm of the law has been dragging them back in recent years. Promoters are being made accountable.
Claiming it would be a “criminal offence” for Matt Lloyd to comment on the FTC action will go down in history as one of the worst excuses made by a scammer who has caught in the act.
2 of their top affiliates accepted platinum rings (and other goodies), and then they announced to their downline 24 hours later that they were leaving the company.
2 days later the company websites get shut down. Sounds a little fishy to me!
As for what’s coming next, I’m hoping that Vick Strizheus & his little “4 Percent” scam is next. He needs a pair of striped pyjamas and a sleeveless ensemble to go with it.
I wonder if any of you with a big mouth has ever purchased or used any of Matt’s training programs?!?!?! My guess is you didn’t. Did any of you provided any training or any income to any decent amount of people?!?
Did any of you worked with or for MOBE for any amount of time longer than a month or so?!?! My guess id you don’t/didn’t!
Then how dare you throw with trash into a person that was actually helping educate people and make money for thousands around the world!!!
Of course any owner of such a large company would get rich!!! Wouldn’t you or ANYONE for that matter do exactly the same thing if you were smart enough to create such a company?!?!?!
And, of course again, that, like in any big company, there are less than perfect people and people who’s motives are questionable!!
From all I’ve read here you guys seem to be happy for other people’s misfortunes…but don’t worry, your turn will come in a way or another cause that’s what happens when you wish for other’s failure.
Next time, be a bit more informed, and try to do it from inside, collect some info from people involved, normal people, not just some crooks who ran away when first problems arise!!!
How is that even remotely relevant?
See above. And I sincerely hope your asking of dumbass questions isn’t a side-effect of dropping $30,000 to $60,000 on internet education.
I’d be willing to bet the FTC hasn’t shut down MOBE because they wanted to stop Saint Matt’s crusade.
Not withstanding it’s far more likely the FTC’s evidence will show a handful of people making money at the expense of “thousands around the world”. Much like it did for Digital Altitude.
Just because you choose to ignore fraud and throw up silly strawman arguments doesn’t mean it isn’t happening.
We will see if there was anyone selling outside products using the “strategies” from MOBE when the FTC release their reports.
BTW, DA was short on liquidity and Michael Force didn’t qualify to open merchant accounts at payment processors before his business collapsed. I wouldn’t be surprised at all if MOBE is in a similiar situation.
There are some good platforms out there teaching you online marketing. But those will not charge you anything near 30K.
And, though having affiliate programs, show you how to find a niche/product to promote. Also legit programs can be promoted by anyone, not just customers.
MOBE, DA, SAN, FourPercent etc. just show you how to recruit people to your downline (and, looking at DA, their “students” had terrible results doing so).
The more you pay, the higher commissions you can earn. But usually customers won’t earn anything near the money they spend before.
the scammer meltdown from this is hilarious. If it wasn’t a scam, none of you would have to be here defending it. It would stand on it’s own merits.
And you people have never thanked OZ for his FREE education about your scam.
Do you ever notice that a lot of these MLM shills say that they never pay any attention to the…. shall we say….. “Haters” Yet, when everything goes to hell in a hand basket they sure do find us real quick don’t they?
Maybe they should talk to Charles Scoville, he’s a dab hand at getting people (marks) to fund legal ‘bills’.
Plenty of popcorn to go round:
ipetitions.com/petition/dispute-unfair-actions-taken-against-mobe-inc
Predictable as always.
Typical pseudo-rebuttal from people who failed common sense.
By that implied logic, cops have to be drug users before they can arrest drug pushers. And morticians have to die first to service the dead.
Whether the training programs are real is IRRELEVANT. In all likelihood, it’s being SOLD illegally, i.e. via a pyramid scheme/chain referral scheme.
All that denial of reality had to be directed against SOMEBODY, and you can’t deny a fellow reality denier. So it had to be someone feeding them a dose of reality, i.e. critics giving them the bad news. 🙂
Denial is one of the stages of grief.
Is there going to be a class action law suit for those of us who were scammed for $80,000 or more?
I’m wondering if the shills who promoted the company will be charged with anything. They were certainly complicit in defrauding members out of thousands of dollar.
Google, MOBE reviews , and see how many 404 pages you get. Seems the rats are deserting the sinking ship.
No Larry I very much doubt the shills will be charged with anything at all.
After all “they didn’t know it was a scam” were “completely innocent” had no idea despite being involved in probably half a dozen other scams. You know the script.
That’s the thing with MLM-ing. Once you recruit, even just one, you are ALSO a willing participant albeit to a lesser degree – and can claim ignorance.
If you were testing a new, potentially poisionus drug, would you recruit your son to take it to make a buck? Taking a chance on your own life is entirely different matter, but others?
For some reason, MLMers are more than willing, and encouraged, to find others to take the chance. Whose fault is that? Was the motive money?
It is the scam of the century and high time we call it out properly.
Retail customers of affiliates are detrimental to the company because it stops the chain of growth, and doesn’t benefit the founders. Zip, nada, nil. There is no advantage to the company on your “resale”.
This inherent flaw makes all MLM-ing a pyramid scheme.
I do not agree with pyramid schemes, and I do agree they should be exposed, but you should use critical thinking and really consider the other factors that could be at play when you come across situations like these.
With the suit being put forth by an FTC controlled by (Ozedit: Offtopic derail attempts and government conspiracy theories removed)
If you have to rant and rave about government conspiracy theories, you’ve already lost the argument.
Not that there’s any valid argument to defend pyramid schemes like MOBE.
The critical thinking you cite need only extend as far as the facts. MOBE had no significant retail sales activity and the majority of participants lost money.
Trying to justify that by any means is a waste of time and effort.
Mobe taught me how to do online marketing, I paid the minimal amount, Yes it was expensive. I think it was money well spent.
It wasn’t a scam, they told you exactly what to do and what not to do.
They didn’t advertise, it was some affiliates who advertised false claims.
I can go out and do other marketing business and apply what I have learned. Nobody forced anyone to buy.
You shouldn’t put out so much money if you don’t intend to work at it.
The FTC’s complaint details copious amounts of evidence that suggests otherwise. Stop making excuses for scammers.
Let me guess: This is your first time being involved with a company which has been shut down by the authorities and you haven’t bothered to read the FTC complaint, right ?
Your post reads like the first page of the ponzi / pyramid scheme apologists manual.
You could change the word “Mobe” in the first line for the name of any of the scam schemes prosecuted in the past ten years and the post would be exactly the same as was said by the scam supporters at the time
Norma, you have no clue and were clearly starting with zero knowledge as MOBE only taught basic information which you could get from reading a few online blogs/ebooks for free or to get to their top level a couple of paid books on Amazon.
Mobe was a complete scam and John Chow should pay back all his money as he was part of the scam.