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Federal Trade Commission, Plaintiff, v. MOBE Ltd., also doing business as MOBE, also doing business as My Online Business Education, also doing business as My Own Business Empire, a Malaysian limited liability company, MOBEProcessing.com, Inc., a Delaware corporation, Transaction Management USA, Inc., a Delaware corporation, MOBETraining.com, Inc., a Delaware corporation, 9336-0311 Quebec Inc., also doing business as Business Education Training, a Canada corporation, MOBE Pro Limited, an United Kingdom limited liability company, MOBE Inc., a Panama corporation, MOBE Online Ltd., a Mauritius limited liability company, Matt Lloyd Publishing.com Pty Ltd., also doing business as Matt Lloyd Publishing, also doing business as Home Business Builders, an Australia limited liability company, Matthew Lloyd McPhee, also known as Matt Lloyd, individually and as an officer, member and/or manager of MOBE Ltd., MOBEProcessing.com, Inc., MOBETraining.com, Inc., 9336-0311 Quebec Inc., MOBE Pro Limited, MOBE Inc., MOBE Online Ltd., Matt Lloyd Publishing.com Pty Ltd., and Transaction Management USA, Inc., Susan Zanghi, individually and as an officer, member and/or manager of MOBE Ltd. and MOBE Processing.com, Inc., and Russell W. Whitney, Jr., individually and as an officer, member and/or manager of MOBE Ltd., Defendants.
FTC Matter/File Number
172 3072
Civil Action Number
6:18-cv-862-ORL-37DCI
Enforcement Type
Federal Injunctions
Federal Court
Middle District of Florida

Case Summary

The Federal Trade Commission charged three individuals and nine businesses with bilking more than $125 million from thousands of consumers with a fraudulent business education program called MOBE (“My Online Business Education”). A federal court halted the scheme and froze the defendants’ assets at the FTC’s request. The FTC alleged that the defendants falsely claim that their business education program will enable people to start their own online businesses and earn substantial income. They claim to have a “proven” 21-step system for making substantial sums of money quickly and easily from internet marketing, which they promise to provide to those who join their program. Most people who buy into the program and pay for the expensive memberships are unable to recoup their costs, and many experience crippling losses or mounting debts, including some who have lost more than $20,000, the FTC alleged. The defendants agreed to pay more than $17 million as part of settlements with the Federal Trade Commission.

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