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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 determined company resolved identified problems and closed its investigation
  • FTC and Nevada sued company for false earnings claims

Timeline

2026
May 13

The FTC announces that it and the State of Nevada have reached a settlement with the five lead defendants in their lawsuit against IM Mastery Academy, including its co-owners and chief executives, Christopher Terry and his wife, Isis Terry. The proposed order imposes a $795.8 million judgment, bringing the total amount of judgments obtained in the case to over $914 million (though only a fraction of that amount will ultimately be paid). The proposed order also requires the Terrys, along with the corporate defendants, to surrender assets valued at nearly $90 million, including 19 automobiles, 8 luxury homes and a yacht.

2025
September 4

The FTC announces that two more defendants in its case against IM Mastery Academy —Alex Morton and Brandon Boyd — have agreed to settle the allegations, with Morton to pay $10 million ($76.2 million judgment) and Boyd to pay $500,000 ($6.3 million judgment). Both settlements were approved by the Court.

August 21

The FTC announces that it has obtained a preliminary injunction against five of the defendants: Christopher and Isis Terry, and the companies that operated the scheme.

August 7

The FTC announces that three of the defendants in its case against IM Mastery Academy — Global Dynasty Network, Jason Brown, and Matthew Rosa — have agreed to settle the allegations. The proposed order imposes a $36 million judgment, which will be suspended after they pay $2.5 million (though the total amount will be due if they are found to have lied about their finances). The Court approved the stipulated order the next day.

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 IM Mastery Academy (now 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

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