MOBE Shutdown By FTC – My Online Business Education/MTTB Shutdown?

One of the biggest companies in the internet marketing space called MOBE has been shut down by the FTC pending investigation.

You've possibly heard about it, if not you will soon as it's possibly going to be quite a significant legal battle starting this month.

 

 

Why Did MOBE Get Shut Down By The FTC ?

Here is a summary of the case against MOBE that I have obtained from the court order and FTC documents (1).

The first issue is that MOBE makes false and unsubstantiated claims that consumers will earn substantial amounts when they join the business. Here are a few quotes from the FTC documents….

• Through their program, MOBE claim to reveal a simple 21-step system that will show consumers how to quickly and easily start their own online business and make substantial income.

• Although the initial entry fee for Defendants’ 21-Step System is relatively modest—typically $49 or less—as consumers proceed through the steps, they are bombarded with sales pitches for various MOBE membership packages costing thousands of dollars that consumers must buy in order to continue through and complete the 21-Step System.

  MOBE eventually reveals, as consumers progress through the steps, that the way to make money through MOBE is by luring other consumers into the MOBE program and earning commissions when these consumers buy the same costly memberships.

• In fact, the vast majority of consumers who join the MOBE program and purchase the costly MOBE memberships lose money. Numerous consumers have individually lost more than $20,000 from Defendants’ scheme.

The other issue appears to be around misleading money back guarantees to consumers

Defendants also make false and misleading refund and money-back guarantees to induce consumers to purchase MOBE memberships.

After consumers pay, however, Defendants require these consumers to sign post-purchase agreements that seek to impose onerous conditions for obtaining a refund, or that claim in other instances that the purchases are non-refundable and final.

 

 

What Next? What Lessons Can We Learn From This ?

If you are a network marketer or affiliate marketer promoting other people's products, you really need to ensure that you are building YOUR own audience and brand.

Do not just drive traffic straight to a company's squeeze or sales pages, because if that company shuts down, you have NOTHING (which is sadly the case for a lot of MOBE affiliates!).

I know that this is a tough lesson for MOBE affiliates/consultants and online marketers as a whole but you now need to grow and develop from that experience.

If you are an affiliate in any online business or are looking to start making money online from home you need to learn how to build your own email list, get that list to Know, Like and Trust you by providing value. That list is your greatest ASSET and no one can take it away from you!

Want to learn how to make money online the right way? Click the banner below ….

 

Yours In Complete Success

Flo Kay

Have questions? Need help? You can reach me on http://facebook.com/flokaytraining

 

 

What are Your Thoughts About What's Going On The MTTB and MOBE Shutdown by FTC? Leave Your Comments below