FTC Sends Another Payment to Eligible MOBE Participants
The FTC is sending a second round of payments to people who paid for My Online Business Education, or MOBE, a business coaching scheme that made bogus promises about how much money participants could make.
The FTC sued MOBE in 2018, and the company agreed to settle. According to the FTC's lawsuit, MOBE falsely claimed that its business education program would let people start their own online businesses and earn substantial income quickly and easily using a “proven” 21-step system. The defendants eventually revealed that their “proven system” required selling memberships to others in the hopes of earning commissions. Most participants lost money.
In April 2022, the FTC sent payments to eligible MOBE participants which resulted in nearly $19 million in refunds. Because money still remains in the fund, the FTC is sending additional payments totaling more than $4.6 million to 25,260 people who accepted their first payment and paid the defendants $456 or more.
If you get a PayPal payment, please accept it within 30 days.
If you get a check, please cash it within 90 days.
You can find answers to common questions about refund payments on our FAQ page. If you have any other questions, please call the refund administrator at 1-877-657-9153.