IM Mastery Academy/iMarketsLive
TINA.org investigated International Markets Live, Inc., otherwise known as iMarketsLive, IML, or IM Mastery Academy, a New York-based multilevel marketing company that sells Forex and cryptocurrency trading software and educational products, and found that it used unsubstantiated and exaggerated income claims to market its business opportunity.
Highlights
- Notified company of findings
- Filed complaint with the DSSRC
- DSSRC issued report finding that company was engaged in deceptive marketing
Timeline
September 9, 2020: The DSSRC issues a decision finding that IML and its distributors were making inappropriate income claims to promote the company’s business opportunity and recommends that the company “engage in effective training and monitoring of its [distributors] and use appropriate enforcement procedures to provide reasonable assurance that earnings claims made by its [distributors] are substantiated, contain appropriate disclosures and are not misleading.”
December 5, 2019: TINA.org files a complaint with the DSSRC urging it to investigate IML’s deceptive income claims and take action.
June 5, 2018: TINA.org contacts company regarding findings of atypical income claims.
Evidence
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