MOBE @ BehindMLM

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.


Matt Lloyd settlements prompt stay on MOBE proceedings

The MOBE Receiver and Matt Lloyd McPhee appear on the verge of a settlement, prompting the FTC to file for a stay on all MOBE related proceedings.


FTC denied default judgment against MOBE corporate defendants

Back in February default was entered against Matt Lloyd and the MOBE corporate defendants. Citing communication misunderstandings, Lloyd managed to get his entry of default set aside in April. Default against the MOBE corporate defendants still stood however, prompting the FTC to file for default judgment in early May. In a July 1st order the [Continue reading…]


MOBE trial set for May 2020, case referred to mediation

A June 11th Case Management and Scheduling Order has locked in a May 2020 MOBE trial date. Settlement negotiations between the FTC and MOBE owner Matt Lloyd came to a standstill, following Lloyd’s refusal to give up sizable foreign assets.


Synovus Bank’s threat to delay MOBE clawback litigation quashed

Following a fight over handing back funds fraudulently obtained via MOBE, the Receiver has discovered new potential clawback claims against Synovus Bank and QualPay. Talk about kicking an own goal…


MOBE trial date penciled in, Matt Lloyd expecting criminal charges?

A May 10th Case Management Report has revealed a proposed 2020 MOBE trial date. Matt Lloyd McPhee’s response to production of evidence also suggests he might be anticipating criminal charges.