Lyoness, Lyconet, MyWorld

These companies were founded by Hubert Freidl. In many countries, Lyoness/Lyconet is already illegal and in some countries even banned as a pyramid scheme. Members are recruited with the idea of cashback, fed into the pyramid scheme and currently encouraged by myWorld’s IPO fantasies to exchange investments they have already made for worthless fake shares.

Call / myWorld messages in circulation!

Dear customers, Lyconet is currently sending out a request to the remaining cloud holders that those who have not switched to the worthless myWorld Share program by 15 April 2024 will be forcibly transferred to the myWorld SharePoint Asia program. In Sweden, for example, a deadline of June 6, 2024 has been set for the […]

Lyconet Marketing Agency Ltd. had to confirm future legal action!

As previously reported, Lyconet veteran Marko Sedovnik had to resign from his position as director in the UK by court order, whereupon he resigned from all offices. However, this is clearly not enough for the authorities, and Lyconet Marketing Agency Ltd. has now had to confirm in writing that “the planned future activities are lawful.” […]

Smokescreen grenades from CRYPTIX & Co: Statement on false statements

Once again, the circle of people surrounding CRYPTIX and its supporting actors are attempting to distract attention from their own seemingly non-transparent activities: false statements are being used to throw smoke grenades at those who bring their questionable business practices to the public’s attention. In addition to telephone enquiries, we also received written enquiries about […]

Italian media with articles about Hubert Freidl’s pyramid scheme on TikTok

Fanpage.it & ilfattoquotidiano.it haben sich umfassenden Artikel und Beiträgen mit den Unternehmen von Hubert Freidl beschäftigt. Fanpage.it hat alleine auf Facebook eine Reichweite von 8,5 Millionen Follower. Lassen wir die Artikel selbst für sich sprechen: h Original article: “Dicevano che sarei diventato ricco senza sforzi, invece ho perso tutti i soldi”: finisce sotto inchiesta Lyoness, […]

Hubert Freidl and his $500 million private fortune!   

Freidl’s 40-meter yacht is named “MAGIC”, his private fortune of $500 million is magical too, which should have every member/marketer and pseudo-shareholder at myWorld fuming.   With a private fortune of USD 500 million, it should be easy for Freidl to pay the injured parties from his scheme and refund the CHF 30 million to Lyoness […]

Marko Sedovnik stripped of his directorship and banned for two years by court order of the Commercial Court of Cardiff 

Lyoness veteran Marko Sedovnik was banned from acting as a director and officer of a company for two years from 8 March 2024 by a court order issued by the Commercial Court of Cardiff on 16 February 2024. The reason given for this decision was his “activities and behaviour as a director at myWorld” and, according to […]

Freidl’s corporate networks and the flow of funds?!  

As previously reported by BEKM, Lyoness Europe, based in Switzerland, has been in bankruptcy since the end of 2023. The independent commissioned audit report identified links between a large number of companies. Hubert Freidl’s company structure was presumably deliberately designed to be as complicated as possible, and most of the 50ish companies were used to […]