So just like MOBE affiliates, members and employees we have been waiting for today to hear what will be the faith of MOBE (My Online Business Empire). The company has been closed down by the FTC since June 4th and many affiliates are financially and emotionally hurt by the sudden closure of the company. There was a court hearing that was scheduled to take place today June 26th 2018 to address the complaints:

• Deceptive Recruiting Materials
• Defendants’ Live Events
• Consumers Do Not Make Substantial Income from the MOBE Program
• Deceptive Refund Practices

According to Mark J. Bernet, Receiver

The lawsuit is pending in the United States District Court for the Middle District of Florida, Orlando Division. A copy of the Complaint is posted on this website. In the lawsuit, the FTC alleged that the defendants operated a fraudulent internet business education program called “My Online Business Education,” or “MOBE,” through which the Defendants claimed they would reveal a “simple 21-step system that will show consumers how to quickly and easily start their own online business and make substantial income.” However, the FTC further alleged that, contrary to the Defendants’ representations, “the vast majority of consumers who join the MOBE program and purchase . . . costly MOBE memberships lose money.” According to the FTC, this “internet business” that consumers are taught to launch in Defendants’ program is nothing more than buying costly MOBE memberships for thousands of dollars and recruiting other consumers to pay thousands of dollars to purchase those same memberships. The FTC further alleged that by operating the business in the fashion they operated it, the Defendants violated Section 5(a) of the FTC Act, 15 U.S.C.A. §45(a).

Among other things, the TRO:

• Enjoins the Defendants from making false representations concerning what consumers are likely to earn through the MOBE system, or concerning consumers ability to obtain refunds from Defendants without conditions;
• Enjoins the Defendants from making false representations concerning the Defendants’ refund policies;
• Enjoins the Defendants from selling, copying, releasing or disposing of any customer information, including customer names, addresses, telephone numbers, email addresses, etc.; and
• Freezes the assets of the Defendants and enjoins them from transferring, selling, or otherwise disposing of any of their assets.

The official court date was reschedule on June 18th and has pushed back the  preliminary Injunction hearing from June 26, 2018, until 1:30
p.m. on July 17, 2018.