News
August 26, 2025
FTC, Nevada Secure Court Order Halting $1.2 Billion IM Mastery Academy Investment Scheme
WASHINGTON, D.C. — A federal judge in Nevada has issued a preliminary injunction against the operators of IM Mastery Academy and its affiliated companies, freezing assets and halting business activities ...
A federal judge in Nevada has delivered a significant blow to IM Mastery Academy, issuing a preliminary injunction that effectively stops the alleged $1.2 billion investment scheme in its tracks. The Federal Trade Commission (FTC), working alongside the state of Nevada, secured the court order, freezing assets and preventing the company and its operators from further engaging in the controversial business practices.
IM Mastery Academy, also known as iMarketsLive, purported to teach individuals how to trade in foreign exchange, cryptocurrency, and e-commerce markets. However, authorities allege the company operated primarily as a pyramid scheme, rewarding members for recruiting new participants rather than generating profits from actual trading activities. The FTC's complaint paints a picture of deceptive marketing tactics and promises of unrealistic financial returns, luring in individuals with the allure of quick wealth.
The preliminary injunction is a critical step in protecting consumers who may have been harmed by IM Mastery Academy's alleged deceptive practices. It prevents the company and its key figures from dissipating assets, ensuring that funds are available to potentially compensate victims should the FTC and Nevada prevail in their legal action. The order also prohibits further recruitment activities, effectively halting the expansion of the alleged pyramid scheme.
This legal victory underscores the FTC's commitment to cracking down on investment schemes that prey on vulnerable individuals. By working with state partners like Nevada, the FTC is demonstrating its ability to pursue complex cases and hold perpetrators accountable for their actions. The case serves as a stark reminder to consumers to exercise caution when considering investment opportunities that promise guaranteed or unusually high returns, especially those that heavily incentivize recruitment. Authorities advise potential investors to thoroughly research any investment opportunity and to be wary of schemes that prioritize recruitment over genuine product or service sales. The FTC encourages anyone who believes they may have been a victim of IM Mastery Academy to contact the agency and file a complaint.
IM Mastery Academy, also known as iMarketsLive, purported to teach individuals how to trade in foreign exchange, cryptocurrency, and e-commerce markets. However, authorities allege the company operated primarily as a pyramid scheme, rewarding members for recruiting new participants rather than generating profits from actual trading activities. The FTC's complaint paints a picture of deceptive marketing tactics and promises of unrealistic financial returns, luring in individuals with the allure of quick wealth.
The preliminary injunction is a critical step in protecting consumers who may have been harmed by IM Mastery Academy's alleged deceptive practices. It prevents the company and its key figures from dissipating assets, ensuring that funds are available to potentially compensate victims should the FTC and Nevada prevail in their legal action. The order also prohibits further recruitment activities, effectively halting the expansion of the alleged pyramid scheme.
This legal victory underscores the FTC's commitment to cracking down on investment schemes that prey on vulnerable individuals. By working with state partners like Nevada, the FTC is demonstrating its ability to pursue complex cases and hold perpetrators accountable for their actions. The case serves as a stark reminder to consumers to exercise caution when considering investment opportunities that promise guaranteed or unusually high returns, especially those that heavily incentivize recruitment. Authorities advise potential investors to thoroughly research any investment opportunity and to be wary of schemes that prioritize recruitment over genuine product or service sales. The FTC encourages anyone who believes they may have been a victim of IM Mastery Academy to contact the agency and file a complaint.
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