According to the Federal Trade Commissions (FTC) and Mark Bernet the receiver in this case againts Matt Lloyd and all MOBE entities it has been labeled a scam until they can prove otherwise.

On the Receivers website it states:

According to the FTC, MOBE is a scam: “Defendants’ stock-in-trade is a purported “business education” program called “My Online Business Education” or “MOBE,” that claims to teach consumers how to launch their own online business and generate substantial income. Defendants claim to have a “proven” system for making money quickly and easily through internet marketing, which they promise to unveil to those who pay to join their program. Once consumers are lured into joining the program for a modest entry fee of $49, Defendants apply a series of high-pressure tactics to induce consumers to buy their various membership level packages – starting at $2,497 and progressively becoming more expensive – with the false promise that consumers will reap substantial returns on these “investments.” Defendants promise even greater returns to those consumers who upgrade to higher membership levels that cost tens of thousands of dollars more. To close the sale, Defendants even mislead consumers into believing that the MOBE program is risk-free and consumers can get their money back if not satisfied.

“In reality, the vast majority of consumers who buy into the MOBE program and pay for these memberships make very little to no money, and many experience crippling losses or mounting debts. Some consumers have lost as much as $60,000 or more to Defendants. Although Defendants claim to offer a system for making substantial income quickly and easily, the only ones making that kind of money are Defendants and a few insiders. Defendants’ CEO, Matthew Lloyd McPhee a/k/a Matt Lloyd, is unflinching about how they make this money – as he explained in a recent email, “you’re looking for a very unhappy group of people who are in physical or emotional pain, so you can help alleviate their pain in return for their money.”

Until a representative for the MOBE company comes forward to address these claim then it will be labeled a “Scam” for their activities over the years. For more updates on this case go to:

http://www.bernet-receiver.com/appointments/MOBE/

Sign #1 – MOBE’s Official Website Is Not Working

You can’t go to mobe.com anymore and all their major domains are also down. All of Matt Llyod’s personal sites are also down, namely mattlloydsblog.com and askmattlloyd.com.
Their official MOBE Facebook page hasn’t had any posts on it since June 7, 2018, and they usually post something daily. In their latest post, someone commented and asked if mobe.com is down and MOBE responded saying “Yes it’s down – tech is working on it.” To have their entire company suite of products down for 3 days is highly suspicious. This could result in millions of dollars in revenue being lost. Let not forget the members of MOBE that are sending traffic or need support. This is a major sign that MOBE is Closed.

Sign #2 Top Earners Michael Williams and Michael Giannulis Left MOBE 2 Days Ago

Michael Williams and Michael Giannulis just celebrated with Matt Llyod last month on the millions they have earned from the MOBE program.

Then 2 days ago, these two sent their downline this message that was found by behindmlm.com:

This is a bitter sweet moment for BPO that we must inform you of. As of now, we are no longer affiliated with MOBE at all.

As we move forward onto bigger and better things we want to let you know where we are with MOBE.

Any members that you were working with to sell them MOBE must stop immediately.

This also means that any sales that we have made that are not paid will have to stay that way.

The FTC has brought the hammer down upon MOBE and we have to cut ties with them 100%.

If we do not we could also find ourselves stuck in a sticky situation.

We know the loss of sales hurts, it hurts all of us as a whole, but we know that BPO is going in a great direction and is making this move to protect us.

Thank you for your understand in this moment and thank you for making BPO great.

When top earners are leaving like this it is a good indicator that trouble is on the rise. Contrary to that John Chow revealed his MOBE Income last week so this tells you that what has happened to the company was sudden and unexpected occurrence for the company to go dark in a matter of days. As of June 11th 2018, the video is no longer available so I think this is an indicator that things are really going south.

As of June 11th, 2018, John Chow is now promoting Click Funnels as his next Online Business Program. This is a huge shift in the Online Business Arena. Stay tuned I will continue to update this blog as stories developed.

Sign #3 – All MOBE Events Cancelled

There was a Home Business Summit event scheduled for June 8 – 10, 2018 that was abruptly canceled. These are events that come with the digital marketing packages that you buy into so these events would not be canceled so hastily unless it was for major reasons like being shut down! Some other partners of MOBE have canceled all cross-promotion programs as well.

What’s Next?

Hopefully, you are not involved with My Online Business Empire (MOBE) but if you are it’s not the end of the world. It’s just a hard time to believe in the system. Things like this are common in big business because laws are different in each country and that’s where things can get tricky. At one point in time, Herbalife was under investigation for several years and could not operate in certain countries. Most people believed they were operating unethically. Their stock market value tanked during this time and once they were clear the stock regained its value.

Control Your Online Business

When you join a high ticket program such as MOBE where everything is done-for-you its a blessing but the curse is that a lot of things are out of your control. You can’t control the hosting, the website, the traffic, the company, their practices and so many other variables. So my advice would be to put some processes in place where you have some control over your business where you can control the website, control the traffic and choose the processes for which your business will operate.  You can do this by starting your own online business empire, and it’s not as hard as you would think.  You can use my Affiliate Business Toolkit to get started. The information is free and if you would like to copy the program there are some associated dues.

Another route you can take is becoming an affiliate for independent companies such as Amazon, Clickbank, JVZoo, BookVip,  Advertising Bait, ClickFunnels, and just about any online company you can think of. For most companies that manage their own affiliate programs, you can scroll to the bottom of the page and sign up. Other may have exclusive programs with preferred advertisers. Bottom line is that they are out there and available as an option for you when building your online business. If you are new to the online business then I recommend you take the Affiliate marketing Bootcamp to learn the in’s and out’s of online business and affiliate marketing.  Lastly, as message below suggest you can innovate out of any situation.