FTC Release: Lead Defendants in the IM Mastery Academy MLM Scheme to Turn Over Tens of Millions of Dollars in Assets to Settle FTC Charges

Dow Jones

06/03

FTC alleged Chris and Isis Terry and their companies used false or baseless earnings claims to promote their training services and MLM venture

The Federal Trade Commission and State of Nevada will require five individual and corporate IM Mastery Academy defendants, including ringleaders Chris and Isis Terry, to surrender assets valued at nearly $90 million to resolve charges that they used false or baseless earnings claims to persuade people to pay for financial training programs and a multi-level-marketing business venture.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2026/05/lead-defendants-im-mastery-academy-mlm-scheme-turn-over-tens-millions-dollars-assets-settle-ftc

(END) Dow Jones Newswires

June 03, 2026 11:39 ET (15:39 GMT)

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