Marketers were quite surprised when Richard Meixner, CEO of Lyoness Italia, announced the bankruptcy of Lyoness Europe AG and Lyoness International AG through a press release on October 24th, 2023. Apparently, various top leaders were also surprised or reacted highly nervously and irrationally. It is also known that Lyoness has been facing financial difficulties since […]
On September 25th, 2023, the founder of Karatbars, now Minebase.com, Harald Seiz, makes a public appearance in an online webinar to promote his new cryptocurrency scheme. Within the first minutes of the webinar, Seiz attempts to sell cryptocurrency as “the future” claiming there are currently over 3,000 digital currencies. In November 2019, the BaFin (Federal […]
Representatives of the European Commission, the Italian, and Romanian governments have achieved an extensive decision at the ECJ! For many years, the lawyers of Hubert Freidl’s Lyoness have argued that all marketers are independent entrepreneurs and therefore not entitled to a refund. After hundreds of rulings in Austria, the ECJ (European Court of Justice) has, […]
Many of the Lyconet marketers waited for almost two days at the “Sensation” in Gelsenkirchen on July 7th & 8th, 2023 for the big IPO. Finally, Hubert Freidl announced within 3 minutes and 20 seconds “As of now you are all shareholders” which could also mean “I screwed you up yet again!” Since this event, […]
Would you be okay with your bank canceling your bank account, blocking access, and refusing to release your balance, all because you have concerns about a transaction? Of course, a bank can cancel an account, but the balance is still paid out. Right – the translation of the letter Hubert Freidl’s system does itself no […]
MetaMask is a self-custodial wallet for Defi, Web3 Dapps and NFTs that offers security features to protect digital assets. The application, encryption and protection against phishing attacks makes MetaMask a safe place to manage crypto investments. As a result, operators arguably have no problem removing online scams from their platform, as was the case most […]
In a pyramid scheme, you get benefits from recruiting other marketers and getting them to spend money in the scheme as well. In the Lyconet September Outlook, Peter Gruber talks about how Lyconet marketers can recieve their so-called benefits and as always, it’s not all that straightforward: In a pyramid scheme, you get benefits from […]
Since we filed our complaint in November of 2022, we as BE-EEIG, several lawyers and courts, have tried in vain to serve Mr. Hubert Freidl, founder of Lyoness/Lyconet/myWorld, with documents concerning the case. Especially since these deliveries are exclusively returned with the note “unknown recipient” or “recipient moved”. Hubert Freidl has not been registered in […]
In the month of August, myWorld/Lyconet top leader grace us with important information about their share program and how to supposedly get your money’s worth. Although this information was much needed, one is, as always, not a lot smarter than before. MyWorld/Lyconet is and remains a pyramid scheme that, despite being a “shopping community”, is […]
The KYC forms seem to be a form of coercion. All the questions and forced concessions and it couldn’t get any worse. We have accompanied the kyc process with various marketers and there is no way this is voluntary information. It is alleged that many leaders guided their downline through the process. The marketer trusted […]