Currently, myWorld/Lyoness is approaching the injured parties that we announced at the public prosecutor’s office of Cologne. They are offering them, amongst others, a repayment of 50% of the claim amount in conjunction with an agreement that might verge on immorality. Legal practitioners agree that “no one in their right mind should sign such an […]
It is not the judgement itself that the article focuses on, but the findings and all the concluded proceedings against Lyoness and its successor companies that are increasingly being mentioned in the international media. Lyoness has always reinvented itself, whether by changing the company names or through numerous company mergers. Also, at renaming its financial […]
So far, BE Conflict Management Inc. has made payments to Lyoness/Lyconet/myWorld victims 311.837,91 AUD (Australia), 47,234.08 GBP (England/Northern Ireland), 37,837.19 EUR (Ireland) and 242.786,07 ZAR (South Africa). German injured parties have not yet been published due to the current investigations of the public prosecutor’s office in Cologne. BE Conflict Management Inc., which is listed in […]
Even if myWorld/Eyetime/Lyoness/Lyconet etc. is being renamed on a regular basis, the product remains the same with changed or amended sets of agreements. “Speedweek” used to be a weekly issued motorsport magazine and was converted to a pure online medium, which inter alia contains a database of more than 70 racing series. Already in August […]
With a letter of 12 July 2019, the initially closed proceedings (file nr. 115 Js 915/16) were have been resumed and preliminary proceedings due to infringement of § 16 UWG (Unfair Competition Act) were initiated (file nr. 115 Js 424/19). Writing the prosecutor’s office translated: “Preliminary proceedings against Mr. Guido Josef van Rüth a. o. […]
LUKOIL is a Russian petroleum company that yielded a stock market value of $ 60 billion in 2018. But more on that later. Time and again, we receive reports on how use- and senseless the Cashback World Card actually is. There are very few shops which accept the card and the discounts are meagre. Furthermore, […]
The Guardia di Finanza (ital. financial police) of Turin, Corsico and Bologna has received the first claims against Lyoness lodged by customers who are claiming the repayment of money. The total sum of claims amounts to EUR two million. Lyoness is a “shopping community” that had been sanctioned by the Autorità Garante per la Concorrenza […]
With its national and international company names Lyoness/Lyconet/myWorld has always been playing the shell game with courts and victims. Despite massive resistance, the Viennese Lawyer Dr. Josef Fromhold has managed to realise a judgement of the Austrian supreme court that ends the game of hide and seek. With the resolution 4 Ob 69/19d of 28 […]
On 18 June 2019, the renowned economic magazine “WirtschaftsWoche” once more reported on the snowball system Lyoness/Lyconet. Here you can find the article: With this promise Lyconet lures people in social networks. To gain confidence and trust, the company relies on famous partner companies – partly without their knowledge. The man tried to gain my […]
The REWE Group is an internationally active company group based in Cologne dating back to the year 1927. The group’s sales lines include Billa, Penny, REWE and TOOM as well as DER Touristik Germany and ITS Reisen travel agents. Turnover from the entire REWE Group amounted to €54.14 billion in the 2016 fiscal year. Seeing […]
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