Perpetrators of fraudulent online business education program to pay $17 million to settle FTC charges

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In a statement, FTC Bureau of Consumer Protection Director Andrew Smith said, “MOBE falsely promised consumers that it could teach them how to start a successful online business and earn six-figure incomes working from home, and consumers lost millions of dollars as a result.  With this action, we’ve put an end to the MOBE scheme, but consumers should be on guard for any work-at-home pitch promising substantial income.”