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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.

  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. Lex DeVille
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    Lex DeVille CAUTION! I hurt people's feelings... Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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  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. 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. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Admin Post
    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. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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  7. 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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    I thought we'd see a few more familiar names on there.
     
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  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?
     
  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. SquatchMan
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    SquatchMan Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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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. 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 a$$ 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. HackVenture
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    HackVenture Digital Marketer, Crypto Guy Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass Summit Attendee

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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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