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Broken Dreams and Millions Lost: The IM Academy Story | Bloomberg Investigates

DeFi Daily News by DeFi Daily News
July 9, 2025
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Broken Dreams and Millions Lost: The IM Academy Story | Bloomberg Investigates
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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
https://www.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: https://www.youtube.com/playlist?list=PLqq4LnWs3olVK53n-XDSRF10i6THmbCEx

The tale of Brazil’s largest bank robbery: https://youtu.be/i8yIMoW5nVY?si=GsE7dVH-IA0QU2O9

#Documentary #Trading #Business

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Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

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Tags: AcademyBloombergbloomberg investigatesbloomberg quicktakebloomberg quicktake by bloombergBrokenbusinesscrimecrime doccrime documentaryDocdocumentaryDreamsfinanceim academyim academy documentaryInvestigatesInvestigationlostMillionsmini docmini documentarymlmMoneymulti level marketingNewsquicktakequicktake originalsScamScamsstorytrue crimeus newsworld news
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