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#2 UPDATE Jun 12, 2018:
CONFIRMED: FTC has indeed shut down MOBE as seen in the Temporary Restraining Order (TRO) which is supported by over 4,500 pages of evidence.
The TRO indicates and confirms everything I’ve indicated below on not only how they run their business but also that MOBE’s entire business model is a fraud.
Evidence has been collected from multiple sources: FTC undercover agents, declarations from multiple MOBE victims, banks, payment processors, hotels, property leasing agents, and many more.
FTC also stresses and confirms what I’ve always said about MOBE’s marketing tactics which grossly misrepresented what members could really make in the system and that they were highly deceiving.
What’s interesting and something I didn’t know was that, at the Live Events, people were given fake “blank checks” so MOBE members could write down how much money they would want their commission check to be.
They do this so that MOBE can include this part of the live events (people holding up big fat checks with huge amounts of them) in their promotional materials, but not disclosing that these were fake commission checks to potential customers.
Your spendings in the MOBE program never stops as they would continue to pitch you higher and higher mentoring packages in the ranges of $25K – $100K, when you’ve already invested $60K+ to buy all five high ticket products.
FTC estimates that MOBE has stole over $125 million, calling their system an “illegal scheme”.
For all the details of what the TRO entails, check it all out here.
#1 UPDATE Jun 10, 2018:
I have learned that there have been communication from MOBE’s “tech team” to several sources and the communication is quoted as such:
Hi everyone. I know a lot of you have been asking what is going on and right now NO ONE has a definite answer.
Based on an announcement from the tech team, the FTC has stopped all MOBE websites with no warning.
Then, there is also this one siting similar communication:
Based on an announcement from the tech team last night, the FTC has stopped all MOBE websites with no warning.
From what myself and a few other top leaders have researched and analyzed – By law, Matt and the MOBE team are not allowed to reach out, or talk or post on social media.
We will continue to update as information becomes available. But it’s the weekend so we don’t expect to hear anything for the next few days.
Again, we are not in contact with any of the MOBE team and do not have definitive answers.
Nor do we have access to, or authorization to speak in [sic] behalf of MOBE.
Both quotes were found on behindmlm.com, more info to come.
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There have been major signs in the last 48 hours that shows MOBE being shut down by the FTC but no official word has come out yet.
However, tons of MOBE affiliates are wondering what’s going on also having the same sunken bad feeling that it has closed its doors.
I have been reviewing tons of programs that lead you into the MOBE high ticket program and through all my reviews, I’ve always said this was not a good program to join for many reasons that I will go over below.
MOBE being possibly shut down is such good news, like the clouds parting the sky and the sun shining through!
Even if it’s not confirmed, all the signs are pointing to this possibility so it’s still happy news to me and for all the people who haven’t been tricked by their marketing ways.
SIGNS THAT SHOW MOBE MAY HAVE SHUT DOWN
There are numerous signs that show that MOBE may have been shut down by the FTC but no official word has come out as of this writing.
All the signs point do point towards MOBE being shut down so I will list the signs here and will update this post as often as I find more of these signs:
#1 Sign – MOBE’s Official Website Is Not Working
You can’t go to mobe.com anymore and all their major domains also don’t work as well. Even Matt Llyod’s own 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 site down for 2 days is highly suspicious and they wouldn’t have ALL their sites down at the same time.
This is a major sign that MOBE IS DONE.
#2 Sign – Top Earners Michael Williams and Michael Giannulis Left MOBE 2 Days Ago
Michael Williams and Michael Giannulis were just celebrating with Mat t 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.
BPO refers to the company Giannulis set up in Florida to run his business with.
When top earners are leaving like this, it’s a pretty sure sign that the rumor mills are true!
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#3 Sign – Home Business Summit Abruptly Canceled
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!
#4 Sign – Promotions Have Canceled
I’m with an affiliate network that lists sites that promote MOBE and I saw one that was heavily promoted cancel it’s affiliate offer from that network just yesterday morning!
Update June 11, 2018: All the rest of the promotions of MOBE have been canceled as of this morning since they couldn’t do it over the weekend I guess.
For now, these are the four big reasons why a lot of people think MOBE is being investigated by the FTC and are being shut down but again, there’s no official from the FTC yet like the way they did with Digital Altitude that was shut down earlier this year.
FTC may just need more time to get all the info together before they make the official announcement.
If you have any experience with MOBE or know of anymore details of this shut down, please leave me a comment below so everyone can be updated on the latest news.
WHAT IS/WAS MOBE?
MOBE was a high ticket program that you can earn thousands of dollars in commission from and this is the exact point they sell in their sales funnels.
But the problem is that, people never learn about their real costs until they have signed up with the initial fee of $47 or $97 and going through 21 step training program where they will have to talk to a “coach” to unlock certain steps.
Most people who sign up have no clue how much this program really costs and they think that their initial fee is all that they needed to pay to earn thousands of dollars without doing much work.
Then they start talking to their “coach” and then finding out how much money they actually had to spend in order to be allowed to promote their high ticket products.
The investment people had to make ranged from $2.5K to $30K, and if you were to invest in all five products, you are looking at well over $64K!
They also marketed that you will be giving a sales team and a coach to help you with your business but guess what? These are one and the same, just a sales rep who will take a commission as soon as they have convinced you to buy in.
Morever, this MOBE business has always been a controversy since they structure is very much like a pyramid scheme but has technically escaped from such naming because of the digital marketing products they sold.
However, if you noticed, these aren’t even being sold to the general public, they are just being sold to other new members who join the system.
So they are using the products as a vehicle to just pass money from a new member to three places: the immediate affiliate that recruiting that new person, the sales rep that got that new member to buy, and MOBE.
Once you’re in, you’re also heavily influenced to also promote MOBE since it’s so lucrative to earn such high commissions instead of creating your own business.
But many fail to promote MOBE properly since they would need to recruit thousands of people to find the very few that will have the money to also buy into these very expensive digital products, and they don’t know how to recruit massively.
Innocent people going into MOBE have no idea what they are getting themselves into because MOBE affiliates use so many different names to promote their system that people have no idea they are being funneled into MOBE like Ultimate Retirement Breakthrough and Secret Society of Millionaires.
YOU NEED YOUR OWN ONLINE BUSINESS
I’ve always said in my MOBE product reviews that it’s very dangerous to rely on someone else’s system because if anything were to happen to them, then you’re out of luck and everything that you’ve invested in them will also be gone.
This is the problem with all these so called done-for-you systems – the more that’s done-for-you, the more you don’t know what the hell is going on.
It’s really best to learn how to build your own business and learn how the process works. If you did know how the process of making money online works, you would have spot MOBE as a system that’s really not worth going into.
I’m glad I learned this back in Sep/16, and I have been able to build myself an online business that no other system can shut me down.
I own everything I have in my online business and this is the way to go if you really want to make money online in the long run.
If you want to check out what I do and where I learned everything, check out my free guide here now!
I will certainly keep you updated on the MOBE shut down as more information is available. Please if you have any other info, comment below to alert others of it as well! Thanks very much!