MOBE @ BehindMLM

Synovus Bank to retain $2 million of MOBE victim’s funds

A proposed settlement between Synovus Bank and the MOBE Receivership was filed on September 17th. If approved, the settlement will effectively end Synovus’ campaign to retain $6.3 million in MOBE victim’s funds.

QualPay settles MOBE fraud charges with FTC

MOBE’s payment processor QualPay has settled fraud charges with the FTC. The settlement includes a $46.7 million dollar suspended monetary judgment.

Matt Lloyd cops $318 mill MOBE fraud FTC judgment order

Matthew Lloyd McPhee has been handed down a $318 million dollar final judgment.

FTC shuts down MyEcom Club MOBE reboot scam

After the FTC shut down MOBE, promoters Michael Giannulis (aka Mike Antoni) and Michael Williams launched their own clone scam. It’s taken a year and a half, but the FTC has finally moved to shut My Ecom Club down.

MOBE promoters hit with $41.4 million final judgments

MOBE promoters Steven Bransfield, Michael Giannulis, Michael Williams, Gar Leong Chow and Scott Zuckman, have been hit with final judgments topping $41 million dollars.

Matt Lloyd’s MOBE settlement approved + updates

Orders filed on December 19th have approved the proposed settlement between the Receiver and MOBE owner Matt Lloyd McPhee. QualPay’s and Synovus Bank’s long-running campaign to acquire millions in fraudulently obtained funds also appears to be finally over.

Russell Whitney’s estate settles MOBE fraud with FTC

Russell Whitney’s estate has settled with the FTC. As part of the settlement, a $1,428,616 monetary judgement has been awarded.

Details of Matt Lloyd’s MOBE settlement + updates

Following “lengthy negotiations” between Matt Lloyd McPhee and the MOBE Receiver, a settlement was reached a few months back. In a September 6th court filing, the Receiver has now revealed details of the proposed settlement.

FTC goes after top MOBE affiliate Steven Bransfield for $9.4 million

Top MOBE affiliate Steven Bransfield has revealed the FTC is going after him. The revelation was noted by the MOBE Receiver in his latest August 29th update report, following Bransfield’s bankruptcy filing.

MOBE litigation stayed, Synovus & QualPay intervention reset

Following a hearing held on August 2nd, MOBE case proceedings have been stayed for 90 days. The request for a stay was made last week, amid ongoing settlement negotiations between MOBE owner Matt Lloyd McPhee and the FTC.