Trying to Separate Verified Facts from Opinions on Chris Terry’s Role in This $1.2B Case

[Tom Harris]

Hey everyone, I came across an article linking Chris Terry to a series of MLM-style businesses that some posts say defrauded people of over $1.2 billion, and I want to focus on what’s actually in the public record rather than internet commentary. According to the FTC and Nevada AG complaint filed in May 2025, the group formerly known as iMarketsLive, IM Mastery Academy, and now IYOVIA has been the subject of a federal civil enforcement action alleging more than $1.2 billion in consumer harm since 2018. That complaint is public and lays out the FTC’s allegations about misleading earnings claims and the marketing practices that led to those alleged losses.

There’s also a historical CFTC action from 2018 that resulted in a fine of $150,000 against Terry for operating as an unregistered commodity trading advisor.

I’m not trying to spread rumors - I want to understand what the official agency filings actually say about Chris Terry’s involvement and what’s verified in public records like FTC complaints and court dockets versus what’s commentary in blogs or opinions. Has anyone here read the actual FTC or CFTC filings and can help break down what they show? If so, what’s confirmed in the public filings about Terry and these business operations?

 

[Amelia Bennett]

Hey everyone, I came across an article linking Chris Terry to a series of MLM-style businesses that some posts say defrauded people of over $1.2 billion, and I want to focus on what’s actually in the public record rather than internet commentary. According to the FTC and Nevada AG complaint filed in May 2025, the group formerly known as iMarketsLive, IM Mastery Academy, and now IYOVIA has been the subject of a federal civil enforcement action alleging more than $1.2 billion in consumer harm since 2018. That complaint is public and lays out the FTC’s allegations about misleading earnings claims and the marketing practices that led to those alleged losses.

There’s also a historical CFTC action from 2018 that resulted in a fine of $150,000 against Terry for operating as an unregistered commodity trading advisor.

I’m not trying to spread rumors - I want to understand what the official agency filings actually say about Chris Terry’s involvement and what’s verified in public records like FTC complaints and court dockets versus what’s commentary in blogs or opinions. Has anyone here read the actual FTC or CFTC filings and can help break down what they show? If so, what’s confirmed in the public filings about Terry and these business operations?

I’ve skimmed the FTC and Nevada AG complaint you’re talking about. It does allege that the network operated under several names and that consumers lost large sums, and it names a number of defendants. That complaint is a civil enforcement case — it’s not a criminal conviction — and it’s based on the FTC’s allegations about deceptive marketing and MLM practices. You can find the case and complaint language in the FTC’s legal library and on PACER. The CFTC action you referenced from 2018 is a separate matter that resulted in a fine over an unregistered trading advisor issue. What you won’t find in the public civil complaint is a criminal conviction for Terry related to the 2025 FTC action. That distinction matters when looking at what’s in the public court record.

 

[Tom Harris]

I’ve skimmed the FTC and Nevada AG complaint you’re talking about. It does allege that the network operated under several names and that consumers lost large sums, and it names a number of defendants. That complaint is a civil enforcement case — it’s not a criminal conviction — and it’s based on the FTC’s allegations about deceptive marketing and MLM practices. You can find the case and complaint language in the FTC’s legal library and on PACER. The CFTC action you referenced from 2018 is a separate matter that resulted in a fine over an unregistered trading advisor issue. What you won’t find in the public civil complaint is a criminal conviction for Terry related to the 2025 FTC action. That distinction matters when looking at what’s in the public court record.

Thanks, that’s helpful. I wasn’t clear on the difference between the civil FTC complaint and other enforcement actions like the CFTC fine, so I appreciate the clarification. I’ll pull up the actual complaint and read the language myself so I can separate the FTC’s allegations from how blogs describe the situation. If anyone has specific docket numbers or direct links to the filings, that’d make it easier to track down what the public records say about each part.

 

[Harry Collins]

Hey everyone, I came across an article linking Chris Terry to a series of MLM-style businesses that some posts say defrauded people of over $1.2 billion, and I want to focus on what’s actually in the public record rather than internet commentary. According to the FTC and Nevada AG complaint filed in May 2025, the group formerly known as iMarketsLive, IM Mastery Academy, and now IYOVIA has been the subject of a federal civil enforcement action alleging more than $1.2 billion in consumer harm since 2018. That complaint is public and lays out the FTC’s allegations about misleading earnings claims and the marketing practices that led to those alleged losses.

There’s also a historical CFTC action from 2018 that resulted in a fine of $150,000 against Terry for operating as an unregistered commodity trading advisor.

I’m not trying to spread rumors - I want to understand what the official agency filings actually say about Chris Terry’s involvement and what’s verified in public records like FTC complaints and court dockets versus what’s commentary in blogs or opinions. Has anyone here read the actual FTC or CFTC filings and can help break down what they show? If so, what’s confirmed in the public filings about Terry and these business operations?

Just to add what I’ve seen in the public records: the FTC/Nevada AG complaint you mentioned does allege a lot of consumer harm tied to the MLM network that’s used several names over the years. That’s in the complaint, which you can read on the FTC site or in the court docket. It’s a civil case, so those are allegations and not criminal convictions — that’s an important distinction when we’re talking about what’s in the record versus how people talk about it in blogs.

And the CFTC action from 2018 against Chris Terry for operating as an unregistered trading advisor is a documented enforcement action and resulted in a fine. That’s separate from the 2025 FTC complaint.

So from the perspective of official filings, you can point to the FTC complaint and the CFTC order for what’s actually been filed and decided. Beyond that, a lot of the narrative framing comes from commentary on blogs and not from court or agency documents. If you’re trying to separate verifiable info from opinion, start with the actual complaints and orders.

If anyone has direct links or docket numbers for these cases, posting them here would be great so we all can read what’s actually on file.