Direct answer

IM Mastery Academy is a real training and multi-level-marketing operation with an exceptionally serious government record.

What to remember
  • iMarketsLive;
  • IM Mastery Academy;
  • International Markets Live.

01

Identified claim

IM Mastery Academy has operated under names including iMarketsLive, IM Academy, and IYOVIA. The FTC and Nevada alleged that the investment-training and multi-level-marketing operation used false earnings claims and took in more than $1.2 billion.

IM Mastery Academy is a real training and multi-level-marketing operation with an exceptionally serious government record.

The Federal Trade Commission and the State of Nevada sued the operation in May 2025.

The complaint alleged that the scheme took in more than $1.2 billion while using false or baseless earnings claims to sell financial-market training and recruit people into a multi-level-marketing venture.

The public record connects the operation with several names:

  • iMarketsLive;
  • IM Mastery Academy;
  • IM Academy;
  • IYOVIA;
  • International Markets Live.

A federal court issued a preliminary injunction in August 2025. Several defendants entered settlements in 2025, and the FTC announced major settlements with lead defendants in May 2026. The case page still listed the broader matter as pending on the audit date.

02

Sources and evidence

Sources reviewed.

  1. IM Mastery FTC case — Federal Trade Commission; accessed 2026-08-05. [1]
  2. FTC and Nevada action against IM Mastery Academy — Federal Trade Commission; accessed 2026-08-05. [2]
  3. Lead defendants settle IM Mastery charges — Federal Trade Commission; accessed 2026-08-05. [3]

What the company sold.

The operation sold training related to financial markets and an MLM business opportunity in which participants could market the training to others.

Those are separate value propositions:

Education value:
Can the course teach useful and accurate skills?

Business-opportunity value:
Can a typical participant earn a net profit selling access to the course?

A program can contain real educational material while the associated earnings opportunity remains misleading.

Do not let one working trading tool validate an entire recruitment model.

The earnings allegations.

The FTC and Nevada alleged that defendants used false or baseless earnings claims.

Consumers were reportedly shown images and messages suggesting substantial income from trading or the MLM opportunity.

A meaningful earnings disclosure needs:

  • all participants;
  • active participants;
  • median gross commissions;
  • median net profit;
  • subscription costs;
  • event costs;
  • marketing expenses;
  • refund rate;
  • dropout rate;
  • percentage earning zero;
  • time period.

A top-rank earner’s result does not describe the ordinary recruit.

Trading education is not investment performance.

A course can explain:

  • chart patterns;
  • risk management;
  • foreign exchange;
  • cryptocurrency;
  • options;
  • market psychology;
  • technical indicators.

That does not mean the student will profit.

Before paying for trading education, ask for:

  • instructor qualifications;
  • conflicts of interest;
  • audited performance claims;
  • risk disclosures;
  • simulated-versus-live results;
  • drawdowns;
  • fees;
  • product suitability;
  • regulator registration where applicable.

A screenshot of one profitable trade is not a track record.

The MLM structure.

In an MLM, compensation can depend on retail sales, recruitment, team volume, rank, or a mixture.

The buyer needs to determine:

  • whether retail demand exists outside participants;
  • what percentage of revenue comes from members;
  • how many recruits earn more than expenses;
  • whether product purchases are required;
  • whether events and subscriptions are effectively mandatory;
  • whether rank maintenance depends on recruiting.

The FTC’s complaint alleged that the operation used similar earnings claims to sell both training and the MLM venture.

Marketing to young people.

The FTC and Nevada alleged deliberate marketing to young people, including posts directed at college social-media pages.

Young recruits can be particularly vulnerable to:

  • financial-inexperience gaps;
  • social pressure;
  • aspirational lifestyle marketing;
  • credit-card debt;
  • peer recruitment;
  • fear of missing out;
  • confusion between trading and entrepreneurship.

A campus-oriented pitch should receive more scrutiny, not less.

Multiple names and continuity.

The operation’s name changes make entity research essential.

Search:

IYOVIA
IM Mastery Academy
IM Academy
iMarketsLive
International Markets Live
principals
contract entity
payment descriptor

A buyer should review whether the current offer is bound by an existing court order.

The FTC case page includes entered orders and settlement documents for several defendants. A current distributor cannot erase those restrictions by using the newest trade name.

The 2025 and 2026 orders.

The FTC announced several settlements:

  • a $2.5 million settlement with three defendants in August 2025;
  • additional settlements involving $10.5 million in September 2025;
  • settlements with lead defendants announced in May 2026 involving tens of millions of dollars in assets;
  • entered orders listed on the case timeline through July 2026.

The exact obligations differ by defendant.

Do not compress the entire case into one monetary figure or imply every individual agreed to the same terms.

03

Conclusion

Is IM Mastery Academy a scam?

The FTC and Nevada publicly characterized the alleged operation as a wide-ranging scam.

That characterization is tied to the government complaint and must be attributed.

The combination of:

  • more than $1.2 billion in alleged consumer spending;
  • false earnings allegations;
  • MLM recruitment;
  • youth targeting allegations;
  • preliminary injunction;
  • multiple settlements;
  • major asset turnover;

supports a strong avoid recommendation for new buyers and recruits.

Questions for a current recruiter.

  1. Which legal entity sells the current subscription?
  2. Which FTC order applies?
  3. What percentage of all participants earns a net profit?
  4. What is the median result after fees?
  5. How much revenue comes from nonparticipant retail customers?
  6. Are trading results live, audited, and risk-adjusted?
  7. Which instructors hold relevant credentials?
  8. What expenses are required to maintain rank?
  9. Can the subscription be canceled online?
  10. What happens to the downline after the distributor leaves?

Verdict.

Avoid IM Mastery Academy, IYOVIA, IM Academy, iMarketsLive, and related opportunity pitches tied to the covered operation.

The public record is not a handful of angry comments. It includes a government complaint, preliminary injunction, entered orders, multiple settlements, and tens of millions of dollars in announced asset turnover.

Anyone considering the educational product separately should evaluate it as education, without assuming that trading profitability or MLM income follows from access to the course.

Conclusion in brief.

IM Mastery Academy has operated under names including iMarketsLive, IM Academy, and IYOVIA. The FTC and Nevada alleged that the investment-training and multi-level-marketing operation used false earnings claims and took in more than $1.2 billion.

04

Limitations

This audit was completed on 2026-08-05. Primary legal and regulatory records were preferred over review summaries. Allegations, settlements, convictions, final orders, and complaints are labeled separately. No anonymous complaint is treated as independently proven. No current service outcome, ranking result, or financial return is guaranteed. The article should be rechecked before any material update because corporate status and enforcement matters can change.

Verification record.

  • Trade names, alleged $1.2 billion scale, earnings allegations, youth-targeting allegations, preliminary injunction, 2025 settlements, and 2026 entered orders were checked against FTC records on 2026-08-05.
  • Monetary terms are not merged across different defendants.
  • The broader case remained pending even though several orders had been entered.
  • Government use of the word scam is attributed to the FTC and Nevada record.

Duplication and search-intent record.

No prior RankBuilder package audited IM Mastery Academy, IYOVIA, iMarketsLive, or IM Academy. The article targets company legitimacy, trading education, MLM earnings, youth recruitment, and current settlement status.

References

Sources behind this record

  1. IM Mastery FTC case — Federal Trade Commission (accessed August 5, 2026)
  2. FTC and Nevada action against IM Mastery Academy — Federal Trade Commission (accessed August 5, 2026)
  3. Lead defendants settle IM Mastery charges — Federal Trade Commission (accessed August 5, 2026)

Corrections

Correction history

No corrections recorded.

To report an error, use the public corrections path.

Claim limit

Audit completed on 2026-08-05.

Primary legal or regulatory records were preferred over review summaries.

Allegations, settlements, convictions, final orders, and complaints are labeled separately.

No anonymous complaint is treated as independently proven.

No current service outcome, ranking result, or financial return is guaranteed.

The article should be rechecked before any material update because corporate status and enforcement matters can change.