FTC Sends $23 Million in Refunds to MOBE Participants
The FTC is sending checks and PayPal payments to more than 37,000 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 enable people to 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.
If you get a PayPal payment, please accept it within 30 days. If you don't have a PayPal account, and would prefer to get a check, please call 1-877-657-9153.
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.