Would you be tempted by an online business training program that promises you could earn thousands of dollars a month working from home? I wouldn’t blame you if you were. But don’t believe the hype. Promises like these are signs of an online business scam.
The FTC recently took steps to stop MOBE, a company that was promoting a bogus online business opportunity to retirees and veterans, among others. The company claimed that you could start your own business working from home and make a LOT of money by following its 21-step system. How much is a lot? One of their websites said you could “make $5,000, $10,000, $20,000 or more every single month.”
Despite the promises, most people who paid for the online business program made little or no money. But you know who did make a lot of money? The people running the bogus business opportunity. The FTC alleges they collected more than $125 million from the customers they ripped off.
Recognize the Signs of an Online Business Scam
Marketers of these fake business opportunities often make similar claims that are a sign of a scam. They:
- Guarantee that you can make a lot of money.
- Promise that you can make money quickly and easily.
- Use high pressure sales tactics, like saying you’ll miss out if you don’t buy in now.
Report Scams
If you come across someone selling a business opportunity that you think could be a scam, report it to the FTC. Why bother? Because your report matters.
Learn More about Starting a Business
Learn more about your rights if you’re thinking about buying a business or business opportunity. You can also visit the Small Business Administration site for tips on starting a business.
Note: This blog was edited on June 25, 2018 by adding the word MOBE.
In reply to How do I proceed. I feel MOBE by Rear Ended-Dawn
Please report your experience to the FTC at FTC.gov/Complaint. That is a secure website that the FTC and other law enforcement agencies use for investigations. You can give your name and contact information, how much you paid, and other details about your experience.
In reply to I was informed by someone in by MOBE REFUND GROUP
No, that PO Box is not a legitimate address related to the FTC’s action against MOBE. Do not send any personal or financial information to that address. Please report your experience with MOBE to the FTC at FTC.gov/Complaint. The information you give to the FTC goes into a secure database that the FTC will use for investigations.
If you already sent information to that address, please tell the FTC about that too.
In reply to One question to FTC, by anonymous
The information you report to the FTC at FTC.gov/Complaint is entered into a secure database that is accessible only to the FTC and other law enforcement agencies. The law enforcement agencies use the information in the database for investigations.
In reply to I paid a company 516 dollars by kabooza
You can report a scam to the FTC at FTC.gov/Complaint. The information you give will go into a secure database that the FTC and other law enforcement agencies use for investigations. The FTC does not help individual people get refunds. The FTC collects information and uses the information for investigations and to bring legal actions.
In reply to We are one of the victim who by Victoria
You can get information about the case on the website of the court-appointed receiver, Mark Bernet. Go to www.bernet-receiver.com. At the FTC’s request, the Court appointed the receiver to take over the operations and secure the assets of MOBE.
In reply to I'm pretty sure the email I by Bbnye22
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In reply to Laduo AB also contacted me.. by tacr1986
In reply to Laduo AB also contacted me by msjay1932
In reply to I got into internet marketing by Blessings4u
Did you sign an agreement with an internet marketing business? Did you give someone permission to connect to your bank account?
If someone is taking your money without permission, talk to the people at your bank. If a business is not doing what it advertised, you can tell the FTC at www.FTC.gov/Complaint.
In reply to I was taken to the cleaners by Took to the cleaners
Please report your experience to the FTC at www.FTC.gov/Complaint. That is a secure website that the FTC and other law enforcement agencies use for investigations. You can give your name and contact information, how much you paid, and other details about your experience.
In reply to i was working with mobe and by gerald
Pagination