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OFF-TOPIC FTC shuts down MOBE

Discussion in 'Off Topic: Sports, Funnies, Pop-Culture' started by Andy Black, Jun 12, 2018.

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  1. Jun 12, 2018 #1
    Andy Black
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    Andy Black Any colour, as long as it's red. Staff Member Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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  2. Jun 12, 2018 #2
    Lex DeVille
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    Lex DeVille The moments that define you have already happened. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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  3. Jun 12, 2018 #3
    EasternCrane
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    EasternCrane Sit in the gap not the choice Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Yeah, I learned my lesson the hard way. Luckily, I didn't buy any courses or sign up for any programs.

    If it's not a hard skill then the claims can't be backed up.

    I do think there are good guys out trying to help people though.

    The common theme I've heard and read in every business story worth listening to is that there is a serendipitous moment where circumstance, chance, effort, and everything blend. Then it's an over night success story.

    Yet, everything they did led up to that point. So mileage varies.
     
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  4. Jun 12, 2018 #4
    juba.hadjal
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    juba.hadjal Contributor I've Read UNSCRIPTED

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    Actually, three years ago I wrote a review about MOBE and I was pretty skeptical about their legitimity. It was massively advertized by John Chow a well known guru (blogger) their biggest seller (affiliate). There were multiple white label products of about 3000$ each.

    I thought that an american living in indonesia was suspicious as it is a fiscal paradise.

    Hopefully, people won't fall for this scam again.
     
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  5. Jun 12, 2018 #5
    MJ DeMarco
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    How ironic that I just posted this ...

    And I had no idea one of these "envelope stuffing scams" was busted.

    new-racket.jpg
     
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  6. Jun 12, 2018 #6
    MJ DeMarco
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  7. Jun 12, 2018 #7
    Vigilante
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    I thought we'd see a few more familiar names on there.
     
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  8. Jun 12, 2018 #8
    Vigilante
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    Vigilante Legendary Contributor Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    What if the guru wrote a few books on how to be a guru? Does that count towards legitimacy?
     
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  9. Jun 13, 2018 #9
    biophase
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    biophase Legendary Contributor I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Would be interesting to see John Chow's next monthly income report. :)
     
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  10. Jun 13, 2018 #10
    SquatchMan
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    It looks like it operated as an alleged pyramid scheme.

    Anyway, the top guy will likely get sued/fined and/or go to jail (probably no jail in this case). Company will get dissolved. Feds will parade it as a victory.

    The rest of the top affiliates and execs will reemerge with a new scam in a year when the dust settles. They wouldn't keep doing it if there wasn't a market for it.
     
    Last edited: Jun 13, 2018
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  11. Jun 18, 2018 #11
    ipsofacto
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    ipsofacto New Contributor Read Millionaire Fastlane

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    I randomly met Matt Lloyd several years ago without knowing who he was. After talking with him I still didn't understand affiliate marketing (sounded like a pyramid scheme after I googled it for 10 minutes but that's as much research as I did). I can't really speak to his character but I do know he worked his ass off for years 100+ hour work weeks and was raking in over $70 million a year in revenue. He was buying resorts on some Pacific island like Fiji or Bora Bora. Looks like things did not turn out well for him though (and it was a pyramid scheme lol). So he is Fast Lane in work ethic, but not business ethics ... and that's how you end up on the dark side
     
  12. Jun 22, 2018 at 2:56 AM #12
    HackVenture
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    HackVenture Digital Marketer, Crypto Guy Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    First thing I did when I first heard this news was head to John Chow's blog but unfortunately he didn't mention anything.

    Wonder what he's gonna do.
     

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