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What Happened To MOBE? A Simpler Way To Earn Online In 5 Minutes A Day

By The No Job Lifestyle Team · Last reviewed · How we research

Were you a MOBE member? Here is the public record on the FTC case, the refunds and what former members do now.

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Quick answer: MOBE, short for My Online Business Education, sold business coaching run by Matt Lloyd. In June 2018 the FTC sued and a court shut it down. In 2020 the main operators agreed to pay over $17 million, and the FTC later sent nearly $19 million in refunds.

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1What MOBE Sold Members

MOBE sold a 21 step online business system, then pushed members into coaching packages that cost thousands.

According to the FTC, members were told they could earn big money by selling the same packages to others. The FTC said most people who paid did not make the money they were promised.

2The FTC Case And The 2020 Settlement

The FTC sued MOBE and its operators in June 2018, and a federal court froze its assets.

In February 2020 the FTC said the key operators, including founder Matthew Lloyd McPhee, agreed to pay over $17 million. The business was closed and banned from selling similar programs.

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3The Refunds And What Members Did Next

In 2022 the FTC sent payments to eligible MOBE members, bringing total refunds to nearly $19 million.

Check the FTC refunds page for MOBE for official updates. Ignore anyone who contacts you offering to recover your MOBE money for a fee.

4How We Would Check Any Online Business Program Today

Look for a real product people buy without joining, skip big upfront fees, and test small before you scale.

A program that pays mostly for recruiting, or sells ever more expensive tiers, is a warning sign. Search the company name with FTC, SEC or CFTC, read the refund terms before you pay, and start with something free or cheap that you control, like your own page and email list. Results vary and nobody can promise income.

  1. Search the name plus FTC, SEC and CFTC
  2. Read the refund terms before paying anything
  3. Start small with a stream you own and control

Ready to start? Our free guide on letting AI trade for you walks you through it step by step, and our shut down and sued money programs guides cover the rest of this topic.

Primary Sources For This TopicWe check facts on this topic against these primary sources. See how we research.

Questions people ask

Is MOBE still around?

No. A court shut MOBE down in 2018 after the FTC sued, and its operators settled in 2020.

Did MOBE members get refunds?

Yes. The FTC sent refunds to eligible members, nearly $19 million in total.

Who was behind MOBE?

MOBE was founded by Matthew Lloyd McPhee, known as Matt Lloyd.

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