122 complaints, millions in damages – Slovenia is now also investigating Lyconet / myWorld

The pressure on the Lyoness / myWorld corporate network is growing internationally.

An internal letter from the Austrian Federal Criminal Police Office to the Economic and Corruption Prosecutor’s Office (WKStA) reveals: Slovenian authorities are investigating on suspicion of organizing prohibited chain games and illegal gambling.

2.2 million euros in damages – and that’s just the tip of the iceberg?

According to official figures, 122 victims have filed charges . The documented damage: exactly €2,269,316.28 .

However, this number could only represent a fraction of the true scale. Slovenian media are reporting up to 10,000 people affected .

Several investors are said to have contributed sums of 50,000, 100,000, or even higher amounts – some financed by loans. Some report having invested for over ten years without ever receiving any substantial payouts.

And while investors waited for returns, the Slovenian branch still generated around €6 million in revenue and over €1 million in profit in 2024. Shortly afterwards: four bank accounts were frozen.

Coincidence – or system?

Prominent names in the investigators’ sights

According to the Slovenian investigation, several leading promoters are under scrutiny:

Binna Sajovic – Investigations into the organization of an illegal chain game, illegal gambling and deception of investors
Boštjan Meglič – Investigations into the organization of a pyramid scheme, illegal gambling-like models, and possible property crimes
Boris Lesjak – Investigations for organizing or participating in an illegal chain game and involvement in allegedly illegal forms of gambling.

Furthermore, the following individuals are mentioned in connection with the company complex:

Hubert Freidl – founder of the Lyoness/ myWorld system
Peter Gruber
Marko Sedovnik
Sharif Omar
Radovan Vitosevich
Dominic Hubert Kollman
Silva Freidl

The legal assessment is still pending. But the list of names reads like a who’s who of the organization.

International money flows since 2008

According to investigations, funds from the victims have been flowing into accounts of companies affiliated with Lyoness or myWorld since at least 2008.

From there, they were allegedly redistributed, moved, or invested in third- and fourth-party companies – some in offshore countries.

The investigators’ central question:

Who received the money – and who knew about it?

WKStA under pressure

Slovenia is demanding comprehensive information from Austria and Switzerland:

Are or were there investigations underway against companies or executives?
Have tax proceedings been initiated?
Which bank accounts were used?
Who had the right to dispose of the property?
How were the holding company, national subsidiaries, and sales structures legally linked?

This is no longer about a national procedure.

International investigations – EUROPOL involved

Besides Slovenia, Germany, Austria, Poland, Spain, Norway, and Switzerland are also conducting investigations. Europol is also involved.

The environment is narrowing. The questions are becoming more specific.

Conclusion: Many complaints – few consequences?

While 122 victims have filed charges in Slovenia and international investigations are underway, one question remains:

Why did it take so long for the case to become visible across borders?

Critics accuse the Austrian investigators of acting too cautiously. Despite numerous leads, international warnings, and media coverage, a major criminal investigation has so far failed to materialize.

At the center of the Austrian investigation is Chief Prosecutor Harammer . Observers are questioning whether the scale of the system, with its complex international payment flows and thousands of potentially affected individuals, has been given sufficient priority.

Especially in the case of suspected pyramid schemes, time is a crucial factor. The later the investigation, the more difficult it becomes to secure assets and reconstruct money flows in a traceable manner.

Bankruptcy is now a reality. Assets are being liquidated. Investors are waiting.

Whether the criminal investigation can keep pace remains to be seen.

A notice:

This article is based on publicly available sources, documented user reports, and editorial analysis. It serves to inform the public and is protected by the freedom of the press and expression guaranteed by Article 5 of the German Basic Law, Article 10 of the European Convention on Human Rights, and Article 85 of the GDPR. Facts and opinions have been carefully separated and clearly marked.

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