# IM Academy

> IM Academy (rebranded to IYOVIA in November 2024; previously known as iMarketsLive, IML, IM Mastery Academy and IMMA) is an American company that sells online courses about investments to young audiences. It was founded by former Amway sales manager Christopher Terry. The company has been described as a pyramid scheme by several authorities across a […]

**IM Academy** (rebranded to **IYOVIA** in November 2024; previously known as **iMarketsLive**, **IML**, **IM Mastery Academy** and **IMMA**) is an American company that sells online courses about investments to young audiences. It was founded by former Amway sales manager Christopher Terry.

The company has been described as a pyramid scheme by several authorities across a number of countries.

## History

According to a May 2025 complaint filed by the FTC and the Nevada Attorney General’s office, IM Academy has employed instructors with no formal education and scammed its clients out of $1.2 billion since 2018. The complaint stated that the organization has mostly targeted young African-Americans and Latinos in the United States. In 2018, the company was fined $150,000 by the CFTC for trading for its customers while not being a registered brokerage.

Spain’s National Securities Market Commission published a warning in 2018 stating that iMarketsLive was not authorized to do business in the country. After the company rebranded to IM Academy, the commission published another warning in 2020, this time mentioning the

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*Source: [Wikipedia](https://en.wikipedia.org/wiki/IM_Academy)*

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## Metadata

- **URL:** https://wpsearchai.com/im-academy/
- **Published:** 2026-01-28T18:59:32+00:00
- **Modified:** 2026-01-28T18:59:32+00:00
- **Author:** admin
- **Categories:** Learning management systems