IYOVIA/IM Mastery Academy/iMarketsLive
TINA.org investigated International Markets Live, Inc., otherwise known as iMarketsLive, IML, IM Mastery Academy, IMMA, or IYOVIA, a multilevel marketing company that sells, among other things, financial educational products, and found that it uses 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
- FTC and Nevada sued company for false earnings claims
Timeline
2025
May 5
The DSSRC issues a press release stating that a pending inquiry into IYOVIA’s earnings claims, which was initiated in March, is administratively closed due to the FTC’s and state of Nevada’s lawsuit.
May 1
The FTC and state of Nevada file a lawsuit alleging that IYOVIA and its operators use false and unsubstantiated earnings claims.
2024
November
IMMA announces that it is rebranding itself to a new network marketing company called IYOVIA.
2023
May 23
The FTC publishes on the cases and proceedings section of its website three documents relating to a civil investigative demand (CID) it issued a former instructor and salesperson for IML, which markets and sells forex and cryptocurrency trading software and educational products.
2021
June 30
TINA.org sends a letter, along with a list of more than 660 direct selling companies that includes the company, to the FTC urging it to implement a penalty offense program targeting the direct selling industry and its market-wide practice of using deceptive earnings representations and false health claims.
2020
September 9
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.”
2019
December 5
TINA.org files a complaint with the DSSRC urging it to investigate IML’s deceptive income claims and take action.
2018
June 5
TINA.org contacts company regarding findings of atypical income claims.
Evidence
Featured
FTC, Nevada Sue IM Mastery Academy
Complaint alleges IML was a $1.2 billion scam.
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Questionable leaders and international bans are just the tip of the iceberg for this forex trading MLM.