Matt Lloyd heading towards MOBE fraud settlement with FTC
As expected, rather than fight the FTC’s allegation that MOBE was a $125 million dollar fraudulent business, owner and CEO Matthew Lloyd McPhee appears to be heading towards a negotiated settlement.
Settlement negotiations between Lloyd and the FTC at this stage are well underway but the outcome is still uncertain.
Nevertheless, the FTC appear confident of reaching a settlement.
Defendants McPhee and (Susan) Zanghi have both indicated that they would like to discuss resolving all the claims against them and the FTC, and these defendants have had some preliminary discussions with the FTC regarding settlement that are promising.
So much so that the FTC has taken the unusual step of seeking a $50,000 frozen asset release towards Lloyd and Zanghi’s legal defense.
On July 3rd the FTC filed a consent motion seeking a TRO extension and rescheduling of the upcoming July 17th preliminary injunction hearing.
There is good cause for the requested relief, as it will allow the parties time to continue discussions on a settlement that would resolve all claims in this action and facilitate the efficient repatriation of significant sums of defendants’ foreign-held assets.
Thus far MOBE co-defendants Susan Zanghi and Russell Whitney have reached stipulated preliminary injunction settlements with the FTC.
In the consent motion it is also revealed
Defendant McPhee has informed the FTC that the MOBE corporate defendants will not be retaining counsel or taking steps to defend themselves against the allegations in the complaint.
Accordingly, the FTC will be moving for default judgments against these corporations once service of all corporate entities is complete.
This leaves Lloyd as the sole remaining defendant able to challenge the preliminary injunction.
The fact that MOBE itself won’t be defending the lawsuit however, provides insight into the extent to which that’s likely to happen.
The FTC are looking to settle within the next 60 days and Lloyd, having seen the writing on the wall, looks set to play ball.
In accordance with the granted TRO, Lloyd has begun repatriating foreign held liquid assets belong to himself and MOBE’s corporate entities.
To complete repatriation however, Lloyd claims he ‘needs further assistance of counsel to complete this task.‘
Which brings us to the $50,000 carve out.
As it stands both Lloyd and Zanghi are being represented by attorneys Andrew Cove and DJ Poyfair.
Mr. Cove and Mr. Poyfair are willing to provide this assistance and to continue advising McPhee and Zanghi on a potential settlement, but request $50,000 to cover future fees and expenses they will incur.
McPhee and Zanghi therefore request that, after the foreign assets are repatriated, that $50,000 from those repatriated assets be unfrozen to pay Mr. Cove’s and Mr. Poyfair’s future fees and expenses incurred in completing the repatriation of foreign funds and counseling McPhee and Zanghi in settlement negotiations with the FTC for a period of 60 days.
Typically the FTC vehemently oppose the use of frozen assets to cover legal costs of defendants in enforcement actions.
One can assume the amount to be repatriated must be far in excess of the requested $50,000, in addition to the carve out being likely less than what it would cost to repatriate the undisclosed amount through litigation.
McPhee and the MOBE corporate defendants have substantial assets located in Canada, Australia, Malaysia, Mauritius, and Bulgaria.
Without McPhee’s cooperation in repatriating these foreign assets, the Receiver would almost certainly incur costs that far exceed $50,000 to repatriate these assets through retaining foreign lawyers and instituting legal proceedings in these countries.
As such, unfreezing $50,000 of the foreign assets to secure the assistance of counsel in repatriating assets will meaningfully increase the amount of money that will be available for
consumer redress if the FTC prevails on the merits of this actionIf the Court grants this request, Mr. Cove’s and Mr. Poyfair’s representation of McPhee and Zanghi would be limited to just these two tasks, and they would not agree to generally represent McPhee and Zanghi for the duration of the litigation unless the Court approves further releases of frozen funds for payment of legal fees.
There’s also an out should the MOBE Receiver determine Lloyd is leading the FTC on.
Because the assets are held in foreign banks, it is possible that McPhee’s best efforts may not be sufficient to cause all of these assets to be repatriated.
In the event that McPhee is unable to repatriate all of the liquid assets identified in the financial statements, the parties agree that the Receiver should only release the $50,000 for attorneys’ fees if the Receiver determines that McPhee has used his best efforts to repatriate his liquid assets.
Otherwise take this for what it is, Matt Lloyd waving the white flag.
MOBE is finished and any notion that the FTC’s allegations will be challenged and MOBE will resume business operations can be put to rest.
In line with what’s going on with the Digital Altitude settlements, I imagine an eventual settlement with Lloyd will similarly prohibit him from defrauding consumers through similar coaching schemes like MOBE.
Amusingly, one of MOBE’s payment processors, QualPay, has filed an objection to the FTC’s motion.
QualPay are desperately trying to cling on to $6.3 million dollars of funds obtained through the fraudulent operation of MOBE.
If the $6.3 million isn’t declared exempt from the TRO, QualPay argues it will continue to face “devastating consequences”.
Despite lengthy objections filed that obliterate any claims QualPay might have to the $6.3 million in question, the company argues the ‘FTC and the Receiver have offered nothing but lawyer argument and speculation‘.
A hearing on QualPay’s motion was scheduled for July 17th. The processor is worried that if the FTC’s 90 day extension motion is granted, their hearing will also be pushed back.
A decision on both the FTC’s extension motion and QualPay’s objection is pending.
Update 8th July 2018 – As far as I know QualPay’s objection hearing is still taking place on June 18th.
The FTC’s motion meanwhile has been granted. The preliminary injunction hearing has been rescheduled for September 13th.
It is expected Matt Lloyd will settle with the FTC before this date.
Jul 5th, 2018 at 1:30 pm Oz(Q)
Paging all the dumbasses who thought Lloyd was going to defend the FTC’s allegations to the comments section…
Jul 5th, 2018 at 1:45 pm Dewey Diligence(Q)
Perhaps Matt Lloyd and Michael Force will end behind bars in the same cell. That’s be the ultimate justice.
There are many top earners who marketed both MOBE and D.A. Justice is about to be served.
Hopefully the many victims will recover refunds from the expected clawbacks.
Jul 5th, 2018 at 5:01 pm Char(Q)
Hope the authorities have a plan to deter people from joining these schemes in the first place, or worse, joining yet another one.
Cross checking the government data base of Ponzi/pyramid participants from previously busted endless chain recruitment based opportunities, and fining these people would be a great start. This money could go to a massive education campaign.
Jul 6th, 2018 at 10:13 am Boris(Q)
Lloyd McPhee must be confident that he is facing a lenghty jail term for his fraud, otherwise I doubt he would roll over so quickly.
Jul 6th, 2018 at 12:32 pm Alex(Q)
Give us our refunds and get those monkies into prison fast where they can harm us no more.
Jul 6th, 2018 at 12:33 pm littleroundman(Q)
The FTC charges are civil, not criminal, which means any penalties are limited to financial and administrative.
Gaol is not an option, unless criminal charges are filed by an agency with punitive powers i.e. the DoJ, FBI or similar.
Jul 6th, 2018 at 11:15 pm Chuck nasty(Q)
Ponzi Pimps almost never serve any time, it’s why they bounce from one to another. It’s easy to find a brand new batch of suckers to steal from, and it’s highly unlikely anything ever gets done about it.
Stepsys, Klingler, Hobbs and Sharon James would all attest to that.
Jul 8th, 2018 at 7:29 am King David(Q)
Matt Lloyd got shut down because of two things:
1. He wasn’t accurately paying tithing.
2. He wasn’t honoring King David (yet.)
He, like thousands of others, took off after he met me at an event and I did a testimonial for him.
I’m out.
Love,
King David
Jul 8th, 2018 at 7:51 am Oz(Q)
Article updated with rescheduled preliminary injunction hearing date.
Jul 8th, 2018 at 6:26 pm milliem(Q)
Hail King David. But apart from that, when are you going to pay back the money you stole from people in Empower Network?
Jul 10th, 2018 at 7:34 am Sylvia Craig(Q)
Please alert me of all updates on the FTC case against MOBE!
Jul 11th, 2018 at 10:23 pm Akram(Q)
A settlement means Mathew does not want to waste year’s arguing the case not that he agrees to this. It’s about looking at the big picture and not short term.
You said Mobe is finished and won’t continue operations. I Strongly disagree. As long as they come to an understanding and a settlement is offered by Mobe then the business CAN continue operations.
Pls review your lawbook. Take Herballife as an example. They settled FTC for $200 Million and are still operating.
According to my sources, The sad thing is the people who got refunded got way less than the Actual amount they were meant to. A person who invested $3500, can get $299 refunded. You connect the dots.
Jul 12th, 2018 at 6:30 am Oz(Q)
If Matt could prove he wasn’t running a pyramid scheme he would. Getting sued by the FTC for fraud is a reputation killer.
As for Herbalife, they had some retail sales – even if the majority of revenue was from pyramid recruitment.
A better example is probably Vemma, which outside of Europe doesn’t exist today.
Not withstanding neither Vemma or Herbalife made as fraudulent and egregious income claims to fleece individuals out of as much money as MOBE did.
Jul 12th, 2018 at 11:24 pm Micheal(Q)
Where do i go to file a claim, and what do i do with the silver and gold products i bought? Please at least ill get something from these thives?
Jul 12th, 2018 at 11:27 pm Oz(Q)
Can’t file a claim yet. Receiver establishing a claims process is way off.
Preliminary injunction and/or settlement first.
Jul 13th, 2018 at 5:50 am p.louis(Q)
thank you.
Jul 14th, 2018 at 8:06 am STAN(Q)
Talking to my “coach” I wanted to go titanium. He told me I could put 2500USD down and pay off the rest.
He said just make sure you pay them “something” every month. That was a red flag to me and they shut down a day later.
I file a dispute with my bank for the 2500 on the grounds that I never received and product or service. We shall see.
Already involved in another program. Got to keep going. Never Give Up on your Dream.
Jul 22nd, 2018 at 12:14 pm Diana(Q)
How long can we wait to file for a refund against mobe.
Jul 22nd, 2018 at 12:21 pm Oz(Q)
1. Not a refund, a claim (you’re not getting 100% back).
2. A newly appointed Receiver concentrates on marshaling assets. After which a claim submission process is submitted for approval.
There is no timeline for any of this.
Jul 27th, 2018 at 9:49 am Dave(Q)
Super curious to find out what Matt Lloyd has to say about all this. Any updates yet?
Jul 27th, 2018 at 9:50 am Oz(Q)
On my list for an update check today. Will let you know in a bit.
Jul 27th, 2018 at 10:06 am Oz(Q)
Nothing much on the docket. Just some filings from third-party processors upset funds related to MOBE have been frozen.
Jul 28th, 2018 at 12:42 pm Brett Buckley(Q)
I put $21000 into Mobe and never made a cracker.
So much for the boy from Perth west Australia, I’m from Perth WA that’s why I trusted him I made a big mistake and I can’t see that I will ever get a penny back.
Jul 28th, 2018 at 1:33 pm James Nicol(Q)
Like most entrepreneurs I always try to look on the positive side of things but this resulted in me being fleeced by MOBE. Part of their strategy.
I went through all the training from the initial $49 Dollar, 21 step course all the way to Diamond.
Luckily i only sent them $25K up front and the rest on a payment plan. (Not a big loss for me but I feel sorry for many where a $25 loss could destroy them).
The fact is, the FTC are absolutely correct in their charges against MOBE. They never delivered their promises. At each level you were forced to buy another level, and then another and so on.
Even when I got to the top level, Diamond (Normally $59,000 to get this far), I was then pressured into buying the $100K Mentorship program.
I stated to my “mentors” that I had not yet attended any mastermind events and I was still waiting to meet my Diamond “traffic coach”. They still insisted I sign up.
After having a few non replies to my emails to MOBE support, where some sales staff didn’t even know I was a Diamond, it started to dawn on me that they really didn’t give a shit.
Matt Lloyd’s business and marketing advice was actually excellent. It’s hard to understand why he didn’t follow at least 3 of the most important principals in business.
1. Under Promise and Over Deliver
2. Always honour money back guarantees (or simply don’t offer them)
3. Send refunds promptly and without restriction
MOBE is finished and is never coming back. They simply don’t have enough retail sales for the business to continue, as say Herbalife and Amway probably did.
I wondered why JT Bolt, Bolted form the MOBE Podcast a few months ago at short notice…he obviously saw this coming!
It’s hard to see how Matt Lloyd will ever recover from this personally.
Aug 2nd, 2018 at 2:48 am Lito(Q)
Give me back my money! All that money came from credit card and I’m still paying for it until now. You scammer!
I’d never earned anything as I’m just learning from my coach as a Silver/Gold masterclass.
Good thing my wife didn’t allowed me to go through Diamond which cost a more than $50K.
Aug 2nd, 2018 at 6:17 pm Daniel Labossiere(Q)
I was skeptical but hopeful that this was a legit business. How can we get our money back?
Aug 2nd, 2018 at 7:16 pm Oz(Q)
You won’t get your money back.
You’ll be able to file a claim when the time comes and, if approved, perhaps get some of it back.
Aug 4th, 2018 at 7:16 am Alexandra Goldberg(Q)
Waiting patiently for the outcome, so we can get a refund. Please advise on when this will be possible.
So sad to find that this was indeed a scam. So elaborate, unbelievable.
Aug 4th, 2018 at 8:35 am Oz(Q)
You won’t get a refund. You’ll be able to claim some of your losses once the Receiver has marshaled assets and submitted an approved claims process.
There is currently no timeframe for this.
Aug 7th, 2018 at 5:12 am charles(Q)
How can I join the lawsuit against MOBE? I lost money in this scam.
Aug 7th, 2018 at 7:30 am Oz(Q)
You can’t join the FTC’s lawsuit against MOBE.
Aug 7th, 2018 at 9:27 am V(Q)
I bought into Titanium, the products of the course were excellent with regards to setting up and understanding developing an online business.
If Mobe folds where is my digital products which at the end of the day are mine of which I paid for?
Aug 7th, 2018 at 10:11 am Oz(Q)
Your products were attached to a fraudulent scheme which obviously weren’t “excellent” value wise, otherwise they’d have stood on their own.
You’ll be able to place a claim like the rest of MOBE’s victims when the time comes.
Aug 7th, 2018 at 6:12 pm Sandra(Q)
I am also a victim of this scam. Please alert me of all updates on case against MOBE.
Aug 8th, 2018 at 3:21 am FrankS(Q)
Please include me in all of the alerts and updates on this A-Hole scammer Matt Lloyd.
I also lost more than $28K signing up for Platinum. I knew it was strange when I had to make 4 payments in different amounts and send them to people and addresses I never had contact with.
This was a very expensive learning experience. Hope he rots….
Aug 9th, 2018 at 7:22 am Karen Lockwood(Q)
I only spent 47.00 but I still want it back.
Aug 9th, 2018 at 8:07 am James and Karen Bell(Q)
We lost a substantial amount in the MOBE scheme and want to be able to file a claim as soon as we are able to do so.
Please advise as to the process for getting our name in the system to file this claim as soon as possible. Thank you.
Aug 9th, 2018 at 8:24 am Oz(Q)
If you’re a MOBE affiliate you’ll be on the company database.
Anyone on the database should be able to file a claim when the time comes.
Aug 13th, 2018 at 6:43 am Oludaisi(Q)
MOBE was an excellent business while it lasted. There is no way i will join others to crucify the business model. It brought life to the industry and thousands of people profited with it.
I pray daily for Matt Lloyd. Hopefully those people who claim they lost money will be settled by the FTC.
Aug 13th, 2018 at 7:28 am Oz(Q)
When the dust settles I think you’ll find it was no more than a handful that profited. And for them to make money actual thousands had to lose it through pyramid recruitment and deceptive marketing.
But uh yeah, MOBE was an “excellent business”. Rightio.
Aug 13th, 2018 at 8:10 pm Martha Garnick(Q)
Please notify me when we can file a claim. I lost 35k and almost lost my house thanks to MOBE. Any money that we can recoup would be greatly appreciated.
Aug 13th, 2018 at 9:29 pm Oz(Q)
The MOBE Receivership website is your best bet.
We’ll cover the claims process but otherwise we’re a third party following along like you.
Aug 14th, 2018 at 3:37 am dajman54(Q)
I got caught up on MOBE. Positioned My Self as a Diamond Consultant, and lost big tome money.
Filed a claim with the FTC at: https://behindmlm.com/companies/mobe/matt-lloyd-heading-towards-mobe-fraud-settlement-with-ftc/
Now, gonna wait and see
Aug 19th, 2018 at 6:15 pm Bob(Q)
Whats to happen to his island resorts, I am not seeing any info on that unless that is under “Assets” which he would be owing to the banks he has borrowed from?
Aug 19th, 2018 at 11:21 pm littleroundman(Q)
They are mentioned in the receivers’ first report
Finally, McPhee claims ownership of three apartments in Kuala Lumpur. Again, McPhee’s attorneys have agreed to provide further information.
Aug 20th, 2018 at 2:34 pm Deborah T(Q)
RUDE!!! Putting people in debt for their own schemes. He got me!!
Any chance we can get them AND our $$$$ back??
Aug 20th, 2018 at 5:01 pm Oz(Q)
I don’t know about getting “them” but eventually you’ll be able to file a claim with the Receivership.
Aug 27th, 2018 at 1:30 am Marcia moodie(Q)
I lost about 30.000 dollars and I just want to know when can I find a claim.
Aug 27th, 2018 at 7:21 am Oz(Q)
You’ll know when the time comes. There is no timeframe for the establishment of a claim portal.
Sep 1st, 2018 at 8:07 pm De Nice(Q)
To those of you justifying this business model, wake the F**K up! Yes people made a lot of money, but thousands had to lose a lot of money in order for that to happen.
They are all fraudsters and they know. It’s not a sustainable business model, period. It’s simple math.
On a side note I just read a tip on a facebook post to try getting a chargeback or submitting a fraud claim to your credit card or bank that you used.
Send them the links, copies of the FCC findings. The company is shut down and in receivership so obviously their not delivering what people paid for.
I’m going to try it, about just over $10k in. My stupid mistake and I learned.
I was just letting it go but if I can gt my money back one way or another, I’m going to try it.
Sep 3rd, 2018 at 7:39 am John Pennington(Q)
Am I still in mobe?
Sep 3rd, 2018 at 7:52 am Oz(Q)
MOBE was shut down by the FTC. The Receiver has concluded it can’t be run legally and profitably, so the MOBE you were in is gone.
Sep 3rd, 2018 at 1:44 pm Ford(Q)
Haven’t people heard of due diligence.
I went to the live seminar they ran 2 weeks prior to the FTC shutting them down and got the free book and some other free material.
Of course they wanted people to sign up that night.
But I insisted they call me the next day because I didn’t have any a credit card with me. They never called me back thank goodness.
The information in the MOBE book is actually quite good. Can build my own strategy with the information. I think part of the problem with people getting ripped off is they don’t what the true value of the products and services are that were on offer.
Clearly people signed up without doing any sort of due diligence or paying attention to the red flags that even my lack of experience noticed clearly. The rest of the information you all paid for is worth nothing.
Sep 5th, 2018 at 8:20 am Othman Yahaya(Q)
I am accredited investor.
I was in Mobe, before mobe got shut down by FTC.
In this company Mobe I am in the position to invest $100,000 because I am accredited investor.
This is the last email message that I have received from mattloyd in 04/June/2018
that is why I terrified very nervous when I heard that Mobe got shutdown.
Please let me know the updates if mobe will be back. Because I am extremely want my money back due to the further of my study this month’s before registration closed.
I hope all of us all the best.
Sep 5th, 2018 at 8:31 am Oz(Q)
MOBE isn’t coming back and your money is gone.
If you lost it through MOBE you’ll be able to claim it when the time comes. If you invested in Matt Lloyd shenanigans outside of MOBE you *might* be able to file a claim but check with the Receiver for clarification.
The resorts mentioned are owned by Lloyd. They’ll likely be liquidated and the money used to compensate MOBE victims. Sorry for your loss.
Sep 13th, 2018 at 4:59 am Charles(Q)
How can I register my claim with the receiver. I lost money through this scam.
Sep 13th, 2018 at 6:28 am Oz(Q)
You can’t register a claim until a claims portal has been set up (no timeframe).
Sep 18th, 2018 at 12:16 am Courtney Jones(Q)
I Want My $2500 Refund Back and My $500 For Wasting My Time 🙁
Sep 20th, 2018 at 5:47 am Tim Malan(Q)
I have been scammed by MOBE to the tune of $30,000. I hope any settlement includes repayment to investors, then give the rest to Matt.
Sep 20th, 2018 at 8:13 am Oz(Q)
That doesn’t even make any sense…
Sep 20th, 2018 at 12:20 pm Tek Magar(Q)
Mobe has sucked my $40k.
Sep 23rd, 2018 at 7:39 pm daniel newton(Q)
I would like to some how get involved with possibly getting my nearly $5500.00 i invested in MOBE…if anyone has a contact info on how I can add my name to the suit…send me the info…thanks you.
I was involved but got out ran out of money.. Get this about a year ago I have been receiving emails from MOBE people telling me I had $1350.00 in commissions I never received… so I followed up the guy tells me I dont see anything in our records that you signed up for any training classes…
they said I would need to sign-up for a class before they can pay my commissions…I finally told them sorry not spending any money again…never heard back…never got the commission.
Sep 23rd, 2018 at 10:59 pm Oz(Q)
There’s nothing to add your name to. You’ll be able to file a claim when the time comes.
Sep 25th, 2018 at 3:56 am Deborah Thacker(Q)
I’m with everyone else. Money Back Please….
What angers me more is I actually liked and TRUSTED that man!!!
Give me my disability money back…..Even still… I will pray for you. 🙁
Sep 25th, 2018 at 3:41 pm Gwendolyn F Stopher(Q)
I just would like to know if we will get a refund or not? Would love my 3000.00 plus back.
Sep 25th, 2018 at 3:49 pm Oz(Q)
No.
Sep 29th, 2018 at 11:01 am Shyam(Q)
Me too, I would like to know when and if i could get my refund for about $3,400/-.
If the refund will not be forthcoming, can a collective or class action be made against MOBE?
Surely MOBE’s assets must outweigh the returns they have to make.
Could someone kindly clarity?
Many thanks
(from Singapore)
Sep 29th, 2018 at 11:04 am Oz(Q)
No.
Sure, although it will likely be stayed in favor of the Receivership eventually establishing a claims process.
Math is math. MOBE can’t magically have more money than people paid in fees.
Oct 2nd, 2018 at 1:23 pm Suzanne(Q)
Can’t tell you how much I hate MOBE, I lost so much money. I soon realised that I couldn’t with any conscience promote the scheme but couldn’t get a refund.
I have had to come terms with the loss but I will certainly be pursing a claim against them as and when I can.
If you are updating people on when/how that is possible, please add me to that list. Thanks.
Oct 15th, 2018 at 1:37 am Robert Wood(Q)
Im a bit late to the party. Got involved in MOBE a while back $2500. I didnt really put the work in so didnt really make much in return (fair enough).
I am not sure I can go as far as to call Matt Lloyd a scammer, he seemed very genuine and sincere so not sure if it were more the case that they just fell foul of compliance which many companies with blood sucking lawyers who pretend to know the inner intricacies of FTC law may have done them an injustice, wouldnt be the first time a good company has been destroyed by simple mistakes.
How is it after ALL this time its only just become a scam?? Surely their setup and practices would have been picked up way before now as they were global, well known and made a lot of money?
Still, if they were set up to fleece people in an unethical manner and baiting people in with false promises, i’d like to get in line to get a refund or part thereof what ever will be on the table.
If Matt was and still is genuine, then I will feel sorry for him, and if he turns out to be a very smart scammer, my heart truly goes out to all those who put a lot of money in which for some hard to recover from!!
I think the FTC needs to have a system in place where companies like these have to REGISTER with the FTC which will indicate their set up is lawful and compliant which will make it easier for people to check or know if the company is legit.
Oct 15th, 2018 at 4:55 am Oz(Q)
MOBE has been violating the FTC Act with dodgy claims for years. The law is reactionary, and sometimes regulators take a long time to react.
Putting aside US regulators don’t vet companies, the SEC has such a system for securities but it doesn’t stop companies from breaking the law.
Neither would an FTC list. At the end of the day it’s up to MLM companies and owners to work within the law of the jurisdictions they operate in.
The FTC Act and regulation of dodgy income claims is nothing new.
Oct 15th, 2018 at 5:55 am Char(Q)
Have you thought about the fact that he wouldn’t be a very good con artist if he didn’t seem that way? How many people would actually give money to someone who acted like a shifty scuz bucket?
Nov 3rd, 2018 at 12:40 pm Ryan(Q)
Please let me know when we can file a claim. Thank you.
Nov 3rd, 2018 at 1:38 pm littleroundman(Q)
From the court appointed receivers’ FAQ which is available from the receivers’ website:
NO LINK:bernet-receiver.com/appointments/mobe/
Nov 6th, 2018 at 2:47 pm Pierre(Q)
I have also lost $2497 for Silver and Gold, plus the $49 for the 21 steps. I will accept any compensation for what I have paid for, even if it’s a little.
A little is better than nothing. Please let us know when the time comes to file a claim. Thank you.
Pierre
Nov 10th, 2018 at 10:24 am Charlotte Jenkins(Q)
I seas in MOBE and they are still taking money out my account for the silver and gold what can I do about it? Please someone help me.
Nov 10th, 2018 at 10:25 am Oz(Q)
I really doubt MOBE is still taking money out of your account, but seeing as the company is under control of a Receivership you’ll want to get in touch with them.
Nov 14th, 2018 at 1:50 pm Mr.williams(Q)
Wow feel sorry for everyone who lost money in this scheme I thankfully didn’t lose a dime didn’t really make any either my story is I started out by looking for jobs on kijiji heard of it?
Well anyway my friend had warned me not to click on like the “ads” or w/e but of corse I did I was flat broke at the time how ever I had watched the 500 second video where they promised $500 if you finished watching it (which I never received) but kind of makes sense because I didn’t really give the program a full try.
so like I said I was pretty much broke at the time how ever I had just enough to start the 21 step program. I had this funny feeling like they were gonna ask for more money at some point but what ever here we go right and I was soooo fired up I probably would have banged out all 21 steps that day but they don’t really advise that they say do 3 at most.
so I was like ok what ever met my coach Randy Bevins heard of him? He was real inspirational I did all of my assisgments read the books got to step 6 of 21 and that’s when they asked me to invest in myself 2500 us dollars.
I am Canadian by the way so that would have been like 3000 plus easy If I had it at the time I probably would have I made a testimonial video and everything like my coach asked me to I thought I was going to be the next John chow!!
So clearly I could not afford to take that step I figured I’d wait til the Canadian dollar got a little stronger which is pretty much what I’m here for today come to find out it was all a giant scheme at the time I thought I’ll be the guinea pig if it actually works and I make 10k per month in my first 3 months I’ll tell everyone see I read that book the 4 hour work week was fired up and everything.
I thought it was funny though they said you can start making commissions as a basic member or affialte then they are saying upgrade to silver and gold like what?
Anyhow I requested my $ back I got it how ever bank statement said something really weird not MIE or MOBE something completely different (red flag).
my coach said I could always come back several months later and invest another thing I thought was weird as hell is when I basically was looking in to see if it really was a scam led me to a video with I want to say some reporter guy documenting some one else’s experience step by step.
made it seem pretty legit but in that persons experience they got to start making commissions at the 49 dollar mark and got all the way through there 21 steps and I’m like hold on he joined after I did why did he have that experience and not me?
But ya long story short I did receive my money back because it was less than 30 days and uh I got the limitless book here just wondering if it’s worth the read lol.
Nov 14th, 2018 at 2:02 pm Mr.williams(Q)
Oh ya and I just wanted to add that I read the comments and oz is hilarious very helpful but just blunt af.
lmao poor guy has to tell ya’ll no you will not get a refund you can how ever make a claim NO TIMELINE FOR WHEN CLAIMS CAN BE MADE but the same question comes up over and over again.
Cleary ppl aren’t reading comments again feel sorry for anyone who lost $$ to this scheme they were so convincing weren’t they?
Reminds me of catch me if you can the most elaborate scam I’ve ever seen wow I guess it just goes to show if it sounds too good to be true it probably is I mean the guy said “don’t worry we,ll sell products for you do the call backs the whole 9 yards all you have to do is pay for traffic” pfft ya right.
Nov 28th, 2018 at 5:57 am Dwaine R Burgess(Q)
When we will or how will we know about filing a claim?
I invested $2500.00 and more. Also with bankrupt over this.
Disable Senior Citizen who thought this was a legit business. But the more money I had to pay out I started to realize maybe things were not right. And never received any commissions. Just emails from Matt Lloyd saying I needed to advance from silver level as fast as I can.
Then he would show a breakdown on how it worked out for the people who were at the top level. They were making all the big money, but not selling product.
I never did sell any product to small business only the 21 step program was promoted.
Nov 28th, 2018 at 6:23 am Oz(Q)
When the Receivership has submitted a claim distribution proposal and is ready to start accepting claims. There is no timeline for this.
Dec 13th, 2018 at 10:27 pm Olga(Q)
I paid 3,300 to become a member I was just like to know when can we file a lawsuit to get my money back I will pray for Matt because I trusted him and for him to do this is very wrong specially to seniors.
Dec 14th, 2018 at 3:45 am Oz(Q)
You can file a lawsuit at any time but it will likely be stayed in favor of a distribution process.
There is no timeline for the Receiver to submit a process to the court for approval.
Dec 22nd, 2018 at 1:54 am Erlinda Briones(Q)
I bought the silver/gold and I would like a refund of my money. I am supposed to pay that money for my property tax, now I have lost everything. Pls help me recover my funds.
Dec 22nd, 2018 at 5:29 am Oz(Q)
You’re not going to be able to use funds tied up in MOBE any time soon. You’ll be able to claim a refund when the time comes.
Jan 9th, 2019 at 2:27 pm Diana(Q)
I went to the seminar before the company got shut down. I put money down to get the Platinum level. I put down 10k and made payments. I also purchased a lifetime training packet from a Mobe affiliate, Steven Bransfield, ” We Run ADs”, which is another 6k.
I was trying to get a refund but I was refused the refund. Steven Bransfield was also my sponsor.
I was hopeful that Mr. Bransfield would do the right thing. He had a team of people who coached me to set up the business, facebook advertising.
I was upset with the Shut down of MOBE, but I was willing to continue learning how to advertise my business through Steve’s program. But eventually the program was shut down and everyone disapeared.
Now I have lost all of my money and nothing to show for. Please update me so that I can make a claim and get some of my money back.
Jan 9th, 2019 at 2:44 pm Oz(Q)
BehindMLM won’t be running the MOBE claim portal, the court-appointed Receiver will be.
Jan 23rd, 2019 at 6:54 am Sylvester Hunter(Q)
This scam sucks!
Jan 23rd, 2019 at 7:40 am Aye nanda(Q)
I have paid $2400.00 two week before they got shut down.. How do I filed tell claim my money back??
Jan 23rd, 2019 at 7:44 am Oz(Q)
You wait until the Receiver sets up a claim portal as part of an approved claim process. There is no time-frame for this.
Jan 23rd, 2019 at 11:10 pm Tim(Q)
If you borrowed the money Aye, you can file a dispute with the bank. I was able to get 18000 back. Do it today.
Also you can try the attorney general but more than likely you will be forrowed to the ftc which then goes to the reciever.
Jan 29th, 2019 at 10:02 pm Gwynn Hamel(Q)
I am also a victim of Mobe. I only invested a small amount of $49 but provided additional amount of $51.
Still would like to received some of my money back. I work hard for my money.
Feb 1st, 2019 at 5:19 am Jess Aquino(Q)
I am also a victim of Mobe and invested a hard earned money. Now I’m unemployed and still paying my credit card.
Please advise how and when can I claim my money back.
Feb 1st, 2019 at 5:43 am Oz(Q)
Currently you can’t claim your money back and there’s no claim submission timeline.
Feb 15th, 2019 at 1:19 pm TF(Q)
Scam??
The value which was given was HUGE in MOBE. People are lazy to work, hard work.
If you would not buy a MOBE product you would buy another one… And still loose money.
Most people want promises and that why you hear them from any marketers.
Most people will not buy from those who claim that you will make 10-15% per year… even that is A LOT !!!
Most people will buy from those who claim to make you 200% a year because there is a HOPE.
Marketers promote what YOU want to hear. And MOST people will go where is biggest hopes. Do not blame MOBE.
Ask yourself: How much time you invested in this? 10 h a day? 6-12 month in a row and did not get results?
I bet no. And 6-12 month is nothing with 10h a day.
And if you invested such time you should find how much Opportunities there are online. You could found new ideas.
And all this would be only thanks to MOBE you joined and No matter how much you made or Lost. You got in. You got an ideas.
All you wanted is PUSH BUTTON method. Nothing to do – money just comes in.
Next time you argue with someone that this or that is better investment ask yourself – why it’s better? Because they promise it will Be a better one? All starts over… never ending story.
This will never change – because that a people behavior. To hope.
TF
P.s.
Now you can blaim me and comment every sentence I wrote and argue with me..
Keep doing it and you will always have excuses in everything you do.
Feb 16th, 2019 at 5:45 am Oz(Q)
The evidence the FTC presented to the court shows otherwise. And that evidence was good enough to have MOBE shut down.
Stop making excuses for scammers.