Matt Lloyd from Perth, Australia started his home based company, My Online Business Empire (MOBE) in January 2012, from scratch. MOBE is structured around the concept that the more leads a marketer’s website generates, the more success and more money they will make from their website. Matt Lloyd is founder and CEO.
In 2013 Business For home had an interview with him.
The Federal Trade Commission has charged three individuals and nine businesses with bilking more than $125 million from thousands of consumers with a fraudulent business education program called MOBE (“My Online Business Education”).
A federal court halted the scheme and froze the defendants’ assets at the FTC’s request.
According to the FTC, the defendants behind this international operation target U.S. consumers—including service members, veterans, and older adults—through online ads, social media, direct mailers, and live events held throughout the country. This action follows the agency’s recent action against Digital Altitude, LLC, a competing business opportunity scheme that was also halted by court order.
The FTC alleges that the defendants falsely claim that their business education program will enable people to start their own online businesses and earn substantial income. They claim to have a “proven” 21-step system for making substantial sums of money