IM Academy sold a dream of financial freedom. But behind the glitz and glamor, former members say it was a global multilevel-marketing maze that prioritized recruiting over trading. Led by a self-proclaimed trading guru, IM Academy wasn't just promising a path to wealth, but a higher calling. While the IM leaders flaunted their luxury lifestyles, some members said they were left with financial and emotional devastation.
Read more:
How the ‘Harvard of Trading’ Ruined Thousands of Young People’s Lives
bloomberg.com/news/features/2024-05-14/the-stock-market-multilevel-marketing-company-for-teens?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article
IM Academy promises a Wall Street education. But instead of riches, many of its members have lost everything.
Bloomberg Investigates is an award-winning series that sets out to uncover the truth behind some of the most powerful stories from around the world. Watch more:
youtube.com/playlist?...