My Millionaire Mentor claims that Ryan Matthews became a millionaire within a year and he’s now offering to help others become millionaires. But what is My Millionaire Mentor? Our investigation reveals a secret so carefully hidden; you may not see until it’s too late. Follow me as I expose the Devil in the details.
Product: My Millionaire Mentor
Product Website: www.mymillionairementor.co
Product Cost: $49 + 19.95/mth + massive upsells to $29,997!
Product Owner: Matt Loyd
Opinon: Not Recommended.
Click to DISCOVER a Proven Path to Financial Independence!
Update: My Millionaire Mentor and MOBE were shut down by the FTC. To learn more, read What is MOBE About?
What is My Millionaire Mentor?
There are several My Millionaire Mentor landing pages. Not all are identical, but they do share a similar theme.
The story is that a character named Ryan Matthews became a millionaire within 12 months by using a unique system and now he’s offering to help a lucky few become millionaires too. What a guy!
Mr. Matthews claims he has dedicated his life to helping others, but apparently, before you can get his generous help you have to cough up $49. And as I’ll explain in a moment, if you drink the Kool-Aid, it could cost you more than $50K!
It seems to me that Mr. Matthews has dedicated his life to taking people’s money. But, I’m getting ahead of myself.
Is My Millionaire Mentor a Scam?
In the “My Millionaire Mentor” video I saw, there is an endless stream of luxury cars, mansions, yachts, planes, beautiful women, diamonds, cash, and exotic vacations. It is as if Mr. Matthews is rubbing our nose in all the trappings of wealth. He’s trying to make us feel greedy.
Greed makes us stupid. If you fall under Mr. Ryan’s spell, you may be rendered temporarily mentally impaired. That’s the last thing you want when you’re making a decision about money.
Interspersed in the parade of luxury and wealth, excited people tell about the big money they made with Mr. Matthew’s system. One of the people giving a testimony is Fiverr actor “Jordan831.” I’ve seen him giving testimonies on several other make money websites.
My Millionaire Mentor is a lie. You will not get rich with Mr. Matthew’s system. If you join My Millionaire Mentor, you will probably go into debt.
My Millionaire Mentor leads to a globally entrenched Multi-level marketing company. Because My Millionaire Mentor uses lies and deception to trick you into joining an MLM, it fits the definition of a scam.
The My Millionaire Mentor Scam.
My Millionaire Mentor leads to MOBE, otherwise known as My Online Business Empire, My Online Business Education or My Top Tier Business. MOBE is a multi-level marketing company that specializes in selling very expensive training courses. These courses are supposed to teach you how to make money by promoting the same darn training to others. That’s a lousy way to make money.
The training courses have little value and are nothing more than an excuse to take people’s money.
There are 21 levels in MOBE. The first level costs $49, but as you go higher, each level becomes exponentially more expensive until you reach the 21st level which costs nearly $30K.
Before you can sell a level, you must first buy that level. According to the FTC, this practice meets the definition of a pyramid scheme.
The good news is there’s a guarantee. MOBE guarantees you will make money or they will pay you $500. According to MOBE’s terms and conditions, if you complete all 21 levels and don’t make money they will pay you $500.
In other words, if you buy all 21 levels, which will cost you more than $50,000, and don’t make money, MOBE will pay you $500. What a deal!
My Millionaire Mentor magical money making method is nothing more than paying big money for questionable digital training courses which you then sell to others for big money.
MOBE has professional telemarketers standing by to cajole, seduce and strong arm the victims you recruit. All you have to do to make this system work is feed unsuspecting people into the jaws of the beast. That’s a lousy way to make money.
My Millionaire Mentor Reviews.
No doubt you will find many favorable My Millionaire Mentor reviews. The favorable reviews are from affiliates hoping to make a buck by selling you to the MOBE machine.
There are plenty of bad reviews from people who have suffered because of My Millionaire Mentor and MOBE.
My Millionaire Mentor Complaints.
You can find countless My Millionaire Mentor complaints online and even more complaints about MOBE. The complaint below which is filed with RipOff Report, is typical of the My Millionaire Mentor complaints I found online.
The Last Word on My Millionaire Mentor.
My Millionaire Mentor will not make you rich. You’ll be lucky to break even and not go into debt.
Click to DISCOVER a Proven Path to Financial Independence!
A Better Option.
When you try to find an honest way to make money online, you are faced with a ton of false promises. It’s a minefield of traps waiting to take your money for as far as you can see. That’s why I’m devoted to helping anyone learn how to make money online the right way. And, I will help you.
Making money online is a lot like making money any other way. It takes skill and sustained effort. Fortunately, the internet permits you to leverage your efforts, so you can make more money faster.
However, this does not mean you can get rich quick. It means with the right training and support, and if you do the work, you can be financially secure in years instead of decades.
And it’s not hard. I’m confident anyone who can send an email and surf the web has the capacity for building a profitable internet business, IF they are correctly trained and supported. That’s why we suggest the FREE Starter Level of the Online Entrepreneur Certification. The FREE Program shows you the basics of digital marketing and will introduce you to a fantastic community of marketers who are eager to help you every step of the way.
When you sign up for the training through this website, I’ll coach you one-on-one for FREE.
To Learn More, Click Here.
If you found this article helpful or have an experience with My Millionaire Mentor, please leave a comment below. Thank you.
I can’t imagine myself paying 50,000, no matter how badly I want to make money. This makes no sense. Their guarantee is horrid… sadly people do succumb to paying this…
I even wonder if Ryan Mathews is a real person, I’m sure there have been people who have been scammed and have tried to sue. The sad part is he still has the site up…
Thanks to people like you exposing them!
Hi, Monica!
I often wonder how someone can get tricked into spending $50,000 too, but what you and I aren’t seeing is the culture inside MOBE, which is the real monster behind My Millionaire Mentor. Once a person falls for the $49 scam, professional telemarketers take them step by step up each level. These telemarketers are masters of persuasion. I would not want to be on the receiving end of their BS.
Thanks for stopping by,
Gary
Wow 21 levels starting at $49 up to $50k and they’ll only return $500 after completing all 21 levels! That’s a definite red flag in its self. Aren’t pyramid schemes illegal? I’m surprised no one has closed them down yet. Where do you report a program of this nature or can you?
Hi, Deborah!
Yes, My Millionaire Mentor and the organization behind it, MOBE, are insane in their arrogance and greediness. They know full well that less than 1% of their members break even and even fewer make a profit, and that most will quit in the first month or two, yet they want as much money from their members as they can get up front. They should be shut down.
Thanks for stopping by,j
Gary
Ugh this MOBE thing is behind so many things! It’s not fair because they pray on people that are already low on money! I would have fallen for it because of the initial price and then given in to more money spending because I already spent that initial money. Thank you for the heads up on these gross people. They are so annoying, will look into that other one you mentioned though
Hi, Adriana!
MOBE is a bad one for sure. My Millionaire Mentor is typical of a MOBE affiliate website. I agree, part of the psychology they are using is to hook a victim with a small entrance fee. Then get the professional telemarketers to work on the victim until they squeeze as much cash out of them as they can. I can only imagine the countless lives ruined by MOBE and the likes of My Millionaire Mentor.
Thanks for stopping by,
Gary
Thanks Gary for the review. How can this crap create for online making opportunities? I wonder who will fall into this. you did a good job for unveiling them. Saving up newbies out there.
Spending $50K for 21 level is seriously in RED alert program. Hell NO. I won’t pay for this. I hate program showing off their luxury their goods and lifestyle. This is not the legit way and I think we need more people like you unmask more about them to making the internet better world.
Keep up the good work Gary.
Hi, Gary.
Thank you for your honest review! I had never heard of My Millionaire Mentor. It is always interesting to see people make claims of helping so many people, when, in reality, they are just taking money.
I liked what you said about greed making people stupid. That is so true, especially when people have no self-control over spending and their desire for material things.
I also appreciated you including the definition of scam on this post. I think that is helpful for people to see and understand.
Thank you!
Weston
What a great review of My Millionaire Mentor, Gary.
I’ve not come across it yet but “fore-warned is fore-armed.
I’m appalled at the fact they use actors from Fiverr to create bogus reviews – that’s scandalous.
I’m impressed with your video; it puts across the point about My Millionaire Mentor very well and I hope it stops people from signing up to another scam.
Thanks so much for this information
Jackie
You’re right Gary, greed is the most reliable trick these days to drive people into these kind of scams.
What you don’t know is that your gree is going to ultimately be filling up someone else’s pockets, not yours.
These MLM schemes with massive upsales just give money to the top ones on the pyramid.
Maybe if you’re lucky and greedy enough you can eventually make it up there, but is it worth it?
Thanks for the insights on this one!
Wow, your review prevents many people from getting ripped off.
Great post in millionaire mentor and after reading I will stay out of it for sure.
Thanks exposing them, stopping them. Appreciate your work done here. There are a lot of scams out there need people like you doing the job helping people to stay out of it.
Keep up the work and don’t stop
Cheers
Hi, Maxx!
I appreciate your kind words. Thank you. My Millionaire Mentor is nothing like what it pretends to be. It’s not a generous millionaire offering to help you become a millionaire too. It’s all a lie told by a charlatan trying to steal your money.
Thanks for stopping by,
Gary
Oh, wow! I know that scammers are out there, but I never imagined that they would hire actors from Fiverr to make fake video testimonials. That sounds like something that should be illegal, but I guess it’s difficult to catch. Thank you so much for bringing light to the real motivates of this program. I had never heard of it before, but I hope those considering it will find your site as I did.
Hi, Theresa!
According to the FTC, the essential meaning of a testimonial must come from a customer and the original testimonial must be on file. The FTC does allow a business to edit a testimonial but not to change the meaning of it. The FTC also allows actors to be used to represent an actual customer. However, it is illegal to fabricate a testimonial.
Because My Millionaire Mentor is not what it pretends to be and does not, in fact, make anyone who buys it money, there is no way on God’s green earth that the testimonials are real.
Thanks for stopping by,
Gary
Don’t online marketers know that when they show the luxury lifestyle through cars, yachts, mansions and wealth, that it is a red flag to SCAM … but it sure is enticing to newbies who have not learnt to google businesses before they put their money into it. I sure hope that when they do that they find your article. By the way, I have also seen that actor before – infact I am sure I used him once to act out a “Happy Birthday” video for my friend – LOL, what a laugh
Hi, Laurie!
That’s too funny that you hired the same actor that’s promoting My Millionaire Mentor. I agree, when a business flashes images of luxury and wealth, you know it’s a scam. Unfortunately, as you mentioned, a newbie can get caught up with imagining how rich they will soon be and fall for the trap.
Thanks for stopping by,
Gary
Very good review.
Yeah, fake testimonials and videos with paid actors are the most popular methods for deceiving naive people. When I read or see “luxury cars, mansions, yachts, exotic vacations” i don’t want to even try to work with this program.
Massive upsells to $29,997?
Are you kidding me?
Ridiculous.
Again, great review.
Hi, Miroslav Petras!
I’m with you. When an offer starts to parade images of luxury and wealth, you know they have nothing of value and are only selling a pig in a poke. Unfortunately, I’m not kidding about the upsells. My Millionaire Mentor leads to MOBE and, sadly, MOBE does scam people to the tune of $29,997+! Ridiculous indeed!
Thanks for stopping by,
Gary
Hi, Gary.
Thanks for this review.
I’m not surprised that they use Fiverr actors. Since I learnt through your site about other scams that use them, I’ve become a detective trying to find the real deal behind any so-called testimonial that I see.
Why is MLM marketing not illegal yet? Are they still considered legitimate businesses?
Hi, Ryan!
Fiver actors are apparently the go to place for scammers to get testimonials. It’s good to hear you’re turning into a scam detective and thanks for giving me some of the credit.
I’ve often asked myself why MLMs are not illegal and the only reason I can think of is there are lawyers who specialize in MLM who keep them out of jail.
Thanks for stopping by,
Gary
I hate that there are so many groups out their praying on desperate people and scamming them! When you’re desperate, it’s hard to see through all the lies. You want to make money and quick, but how? Who can you trust?
If it sounds too good to be true, then it probably is.
I am a member of Wealthy Affiliate and what drew me in was how up front people were about the need to put in the work. I read that you won’t make money right away, but work hard and put in the time, and eventually their will be vast potential to earn income. I like how it was free to start and their was no pushy sales person forcing you to hand over big bucks.
I have come to terms with not making millions quick, but I am loving the journey of dreaming big, acting on my dreams, and working hard toward real goals.
Hi, Leeah!
It bothers me too that scams like My Millionaire Mentor is tricking people into giving them their money. Nothing good will come of it.
As you point out, money can be made on the internet, but it is essential to be realistic about it. There is no reason to spend a lot of money in order to make money online. While it will cost something to build an online business, it mostly takes time and a willingness to learn new skills.
Thanks for stopping by,
Gary
Oh my goodness… You have no idea how happy I am to find this review before I did something stupid. I actually found MOBE before and I’m not sure how. I don’t remember. But it seemed super legit. Like it had the guy teaching you everything and going through different lessons and such. I actually did pay the $49 unfortunately… but that’s where I’m stopping. No more. Thanks so much for this! I might just owe you for saving my finances!
Hi, Caleb!
The MOBE guys are your best friend until they discover you’re not buying their scam. Good for you no going any farther. Losing $49 hurts, but not as much as losing a few thousands. I’m glad you found my post on My Millionaire Mentor helpful and saw the truth before it was too late.
Thanks for stopping by,
Gary
Hi, Gary.
Almost $50,000?!? That’s about what I paid for my MBA, and I think I probably learned a lot more than anyone could learn with this scam.
Actually, My Millionaire Mentor sounds a lot like a product I reviewed called Digital Altitude. In fact, they sound so much alike that I had to double check to see if they were run by the same guy. They were not, so I figure one of these probably copied the other one.
The sad thing about these scams is that once the government shuts one down, the same people who run them start up another under a different name. I guess the fines they have to pay are tiny in comparison to what they scam out of people.
Thanks for posting this and warning people against it. This could really hurt a lot of people financially.
Hi, Andy!
My Millionaire Mentor leads to MOBE and yes, there are many similarities between MOBE and Digital Aspire. They both are probably pyramid schemes. I agree, it does appear that Digital Altitude copied MOBE. I can’t imagine why they are allowed to continue to operate as they both are ruining lives.
Thanks for stopping by,
Gary
Gary, thank you for a great review. In the past I almost fell for those “great opportunities” of making large amounts of money in a very short time. Fortunately, by reading reviews like yours I save myself from a huge disappointment and financial trouble. Thank you very much for exposing dishonesty of My Millionaire Mentor and MOBE. I really appreciate the information, warning and the explanation of how those “companies” work.
Grace
Hi, Grace!
I appreciate your kind words and I’m pleased my article on My Millionaire Mentor was useful. Part of me still wishes it was as easy to make millions as these scams promise, but that just isn’t reality.
It is possible to make good money with the internet and some people do make millions, but they work for it and they learn to leverage the power of the internet to their advantage. It takes skill, commitment and patience, but it can be done honestly.
Thanks for stopping by,
Gary
Damn another scam. It definitely looks like I can’t trust mymillionairementor. There are so many scams out there claiming that they will guarantee you a luxurious life, but it’s not true.
I’m glad that you’ve exposed these frauds for who they really are. I’m going to warn my friends about their heinous acts. This is unacceptable. Thanks again for sharing, and I wish you good luck on your journey.
Hi, Victor!
My Millionaire Mentor leads to one of the worse scams I know, MOBE. MOBE is designed to scam people for tens of thousands of dollars and to do it with systematic machine precision. Occasionally, I get a highly emotional message from a MOBE recruit who drank the MOBE Kool-aid. They hate me. But, weeks or months later, when they are broke and disillusioned, they tell me they wished they would have believed me.
Thanks for stopping by,
Gary
Hi Gary,
Thank you for the great post on My Millionaire Mentor- yet another scam trying to take our hard earned money. I don’t know how these people get away with it.
Thanks again for bringing this to light so people are aware of these crooks. Nice to see sites like yours exposing these scams.
Joyce
Hi!
The real scammer behind My Millionaire Mentor is MOBE. MOBE has been around a long time. I don’t know why it hasn’t been investigated as a pyramid scheme. MOBE scams people out of every dime they have and often leaves them deeply in debts.
MOBE’s reputation is so awful their affiliates must hide the truth. No one in their right mind would get involved with My Millionaire Mentor or MOBE if they knew the facts.
Thanks for stopping by,
Gary
Very good review. This sounds a lot like Digital Altitude which is is fairly new but the same concept – sell training and in order to make more money you have to pay more.
I keep seeing screenshots of 5 & 6 figure incomes from guys doing this. I looked at them and thought we for $37 per month it’s worth a shot but I can’t get passed the fact that they are selling a pipe dream.
I am very wary of a company that doesn’t offer a product outside of the MLM structure. Thanks for sharing.
Hi, Stacy!
Yes, there are many commonalities between My Millionaire Mentor, aka MOBE, and Digital Altitude. The both exhibit signs of a pyramid scheme such as requiring members to buy a level before they can sell that level, wildly overpriced products, and selling products only to members.
At best, very few people make money with MLM. In the case of My Millionaire Mentor/MOBE and Digital Altitude, I do not consider them to be legitimate MLM.
And, as you mentioned, when a business is selling the dream of making lots of money, it’s probably a scam.
Thanks for stopping by,
Gary
Wow!
Is anyone seriously pay for that?! 30K for level 21!
And he will back you 500$.
How can someone sell that story legally?
Thank you, Gary, for discovering one more scam on the internet! Hope that there is not a lot of people that join that program. I am so sorry for people who trust anything that finds on internet and hope that will change their future.
Hi, JelenaBB!
My Millionaire Mentor is an affiliate site leading to MOBE. It does seem surreal that anyone would pay nearly $30K in an MLM, but they do. The part we don’t see when we consider how this could be possible is the role of greed in the equation and the influence of the professional telemarketer who is an expert of persuasion.
Once a person buys the My Millionaire Mentor story and becomes greedy to be a millionaire too, they are vulnerable to the scam. The telemarketers know this and work to keep the person greedy as they talk them into the next level and the next.
Thanks for stopping by,
Gary
All I have to say is thanks for not recommending the “my millionaire mentor”. I really have concerns when someone boasts that they have spent their life to help others and all they do is show someone’s mansion and expensive cars. This is so similar to those other products that offer all those wonderful get rich opportunities. I like the way you expose this program, hopefully others will wake up and find that there are better opportunities out there.
Thanks for the information.
Angela
Hi, Angela!
My Millionaire Mentor leads to one of the worse scams I’ve come across, MOBE. MOBE is all goodness and light on the front end, but soon after they join, a decent person will realize they are being forced to exploit others by selling the same worthless digital products for horribly inflated prices. Why the FTC has not shut MOBE down is beyond me.
Thanks for stopping by,
Gary
Very good review, Gary. I’ve seen ads for My Millionaire Mentor and I’ve wondered what it’s all about. When things seem too good to be true, they usually are and this just looks like another online scam used to take people’s money. I’m not interested in doing any kind of MLM schemes. I’d rather take time to learn something and make an honest living. 🙂
Hi, Shannon!
My Millionaire Mentor is long on promises and short of results. The sales page is insulting to anyone with a brain. Clearly, My Millionaire Mentor is trying to appeal to people who believe they can get rich quick and easily. It’s good to see you are not one of them. I tried my hand at MLM several times before I realized it leads nowhere.
Thanks for stopping by,
Gary
I am so grateful I found this review of my millionaire mentor. I have to admit I was very nearly sucked in, Yes I am a marketers dream! I can’t believe he is using actors from fiverr to promote his system! Well done on an honest and informative review! I will be sure to steer clear of this scam!
Hi, Jennie!
Unfortunately, the internet is perfectly suited for scammers. The worse of our species now live in our laptop and they are ready to steal from you. The Millionaire Mentor is a particularly nasty scam. It starts out with big promises and a low threshold of entry, only $49. But, as soon as you’re in, the telemarketers go to work on your like jackals.
They will use every psychological trick in the book and every strong arm tactic imaginable to get you to buy ever more expensive levels of membership. Always promising more and bigger and better and never delivering. The ultimate level is nearly $30,000. I’ve heard from some people who went all in and lost every dime.
Thanks for stopping by,
Gary
This is a great review. It is great to come across a site that offers information to help a person avoid getting into a scam. A lot of people fall victim to these scams thinking that they are going to be rich and live a life of luxury. This is going to help a lot of people.
Hi, Yancey!
I’m sure you are right, but there seems to be an unrealistic expectation that money can be made online without effort. Some people appear to be searching for a secret to getting rich overnight. The truth is anyone can make money online if they only bring something of value to the marketplace. The Millionaire Mentor is a dreadful hoax and does not create value.
Thanks for stopping by,
Gary