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  • Report:  #1405014

Complaint Review: M.O.B.E. (My Online Business Education)

M.O.B.E. (My Online Business Education) Matt Lloyd - income primarily from recruiting new "consultants," pushed to go into debt to buy highest position ($60K) to get full commissions - Windermere Florida

  • Reported By:
    Larry — West Saint Paul Minnesota USA
  • Submitted:
    Mon, October 09, 2017
  • Updated:
    Mon, October 09, 2017

MOBE consultants are pushed to make money off commissions for recruiting more MOBE consultants, and all the financial educational material that consultants are expected to buy is geared to earning big commissions through the recruitment of fellow consultants. It is emphasized again and again that the best way to quickly make money with MOBE is to go into debt, if necessary, in order to buy into the highest Diamond Mastermind consultant level, which costs $61K.

They will offer you a special loan with their company-related credit card based on your business experience and financial situation. You also have the option to buy into one of the other five lower levels, but if you then recruit people into consultant levels higher than your own, you will lose most of your recruiting commissions to your upline, which could be several levels above you.

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