MOBE shut down by FTC and MOBE Affiliate Marketing Program and Matt Lloyd shut down by FTC (updated)
The Federal trade Commission FTC, just put out this report
News is still breaking on this.
Here’s the FTC complaint:
MOBE (My Online Business Education) (My Online Business Empire) was founded in 2011 by Matt Lloyd (full name Matt Lloyd McPhee)
Michael Williams (also known as Mike Williams) and Michael Giannulis (also known as Mike Antoni) were top distributors and were recognized for their income and they recently announced they were leaving MOBE just as the websites were going off air.
Based in Florida, their company BPO USA LLC may be the target of what is coming next by the FTC. This may be interesting to see the reach of the FTC and the receiver if there are going to be clawbacks.
You can learn more about MLM and Network Marketing by checking out Building Fortunes Radio
Building Fortunes radio is also available on itunes, Stitcher, and others including Blog Talk Radio
For your business building needs and training, contact Peter Mingils
This will open your eyes up to the players in the scheme:
Kevin Harrington Shark tank guy promoting Russell Whitney Jr.
Matt Lloyd promoting Russell Whitney Jr as well