On 31 May 2018, the Norwegian Gaming Authority made the decision in which Lyoness was notified that it must immediately cease all operations of, participation in and extent of its activity in Norway, as it is in violation of Section 16 second paragraph, cf. first paragraph, of the Lottery Act. In a supervisory case against […]
It is typical for Lyoness to play down in an “initial assessment” the decision by the Norwegian regulatory authority. As a matter of fact, Lyoness has been targeted by the Norwegian regulatory authority already since 2013, which I have also reported on in blog entries of June 6, 2014 on this website. The Norwegian authority […]
In a 16-page decision, the Norwegian regulatory authority “Lotteri- og siftelsestilsynet” (publication by the Norwegian authority) has classified the companies Lyoness Norway AS and the “new variety” Lyconet as illegal pyramide schemes and snowball systems and has demanded that the companies cease all business activities within four weeks. Should Lyoness Norway AS and Lyconet not […]
A trial at the Commercial Court of Vienna on January 12, 2018 (Case no. 11 CG 75/16s-23) did not go too well for Lyoness Europe AG. As a reaction to my reports (Mastercard lie, PUMA trademark infringement etc.) and the publications in the Austrian media, Lyoness AG Europe has filed a suit against me on […]
The State Office of Criminal Investigations of Vienna – Department EB4, Economic Crime Unit – is investigating Helmut Freydl (case no. 5 St 42/17d) in connection with Lyoness Austria GmbH and their event “Elite Seminar with Eric Worre” in September 2013 at the Wiener Stadthalle. According to this, in the summer of 2016, a Swedish […]
Golf Open Event GmbH and Lyoness are now also parting ways regarding “Lyoness Golf Open”, although the contract was valid until 2020. In proportion to the nature and seriousness of the offense, Lyoness has furtively left Golf Open Event GmbH as a sponsor/partner and has disappeared from all relevant websites. As of 2018, “Lyoness Open” […]
Lyoness likes to falsely take all the credit and lists on its website between 70 000 and 75 000 distributors and partner companies. At first glance, this number is truly impressive, but the reality looks somewhat different. Of these 70 000 to 75 000 “partners” only 50 630 retailers really exist (source: Lyoness website as of 9th of September […]
The Court for Commercial Matters in Vienna has stated in a final judgement of August 16, 2017 that the changeover to the new General T&Cs was illegal. The plaintiff could only view the 2014 General T&Cs after clicking on them. By this verdict, the plaintiff has also been adjudged her investments including interests minus the […]
The judge Mathilde Beranek from the Commercial Court in Vienna, Legal Department 58.1 Vienna, convicted Lyoness as a snowball system and declared the company’s General T&Cs to be null and void (Case No. 581 Cg 44/16y-11). The Austrian Supreme Court’s verdict of 18 May 2017 was already reconsidered during the first proceedings. Among other decisions, […]
The cooperation between the Austrian Golf Association and Lyoness no longer exists, as confirmed to us in writing by the Secretary General, Mr. Robert Fiegl. In March 2015, Lyoness announced a long-lasting and groundbreaking partnership with the Austrian Golf Association and its 100,000 members. However, after only one year the “long-lasting” partnership had come to […]
You need to load content from reCAPTCHA to submit the form. Please note that doing so will share data with third-party providers.
More InformationYou need to load content from reCAPTCHA to submit the form. Please note that doing so will share data with third-party providers.
More InformationYou are currently viewing a placeholder content from Facebook. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
More InformationYou are currently viewing a placeholder content from Instagram. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
More InformationYou are currently viewing a placeholder content from X. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
More Information