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.
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The MLM Recycle: Former Lyconet Giants Now Recruiting for TAGMarkets
From Lyconet to myWorld, eCredits and TAG Markets – why the same sales networks keep mobilizing communities for the next big promise Anyone who has followed the history of Lyconet, myWorld, eCredits, Safir, Zeniq, or XERA over the years is likely to experience a strong sense of déjà vu when hearing the name TAG Markets. […]
NEXT STEP: From lobby group to European institution – BECM expands its structure to include a cooperative for legal interests (SCE)
The BE – European Cooperative Society for Legal Interests (SCE) aims to make cross-border interest representation more transparent, efficient and even more international in the future. If those responsible, assets and business models already operate globally, then the structures for processing them must also become more global. Four levels – one common objective To address […]
Anyone who immediately calls every assignment procedure a “scam” simply hasn’t understood the system.
Why international claims enforcement is often misunderstood The internet apparently has a new favorite word: “scam”. International legal proceedings taking longer than three days? Scam.Lawyers don’t work for free? Scam. International debt collection costs money? Of course, that’s another scam. Perhaps it would be more useful to first explain the difference between: to understand before […]
“$1 million customer protection?” – Lloyd’s broker distances himself from TagMarkets advertising
TagMarkets publicly advertises that client funds are supposedly insured through Lloyd’s of up to USD 1 million per investor. We inquired about the published insurance policy directly with the British insurance broker CBC UK Limited, and the answer ultimately wasn’t very surprising. CBC confirmed the existence of a real insurance policy arranged through Lloyd’s. However, […]
Shock for myWorld creditors: Shopping Points, cloud products, shares and similar items cannot be recovered in the insolvency proceedings.
The insolvency surrounding the myWorld /Lyconet group is increasingly developing into a complete economic disaster with potentially explosive legal implications. A recent letter from KSV1870 now ruthlessly reveals what many creditors have likely been ignoring: claims arising from Shopping Points, cloud products, shares, and similar structures are effectively worthless in the insolvency proceedings. While there […]
Directors’ liability becomes concrete: South Africa could be the last financial anchor of the myWorld Group
Directors’ liability becomes concrete: South Africa could be the last financial anchor of the myWorld Group The insolvency surrounding the myWorld /Lyconet group is reaching a new level. The current report on the audit hearing of May 5, 2026, no longer reads like the mere winding-up of a failed cashback and referral marketing scheme. Rather, […]
TAGMarkets Updates: Glossy Promises & Familiar Patterns
At first glance, the content presented in a recent TAGMarkets update—specifically the expanded ecosystem comprising the broker, Sonic AI, and sales operations—reads like the blueprint for a rapidly growing FinTech company: higher CPA commission tiers, new broker licenses, alleged Lloyd’s insurance coverage of up to one million US dollars per account, and strategic liquidity […]