“eCredits”: What’s going on?

The company behind “eCredits” has been deleted and liquidated. But it is still being advertised by Lyconet marketers.

Exclusive and personal interview with former Level 8 Lyconet President Silvio Spangl!

…complete video available soon!

PR spokesperson Laura Husar conducted an exclusive interview with Silvio Spangl, who no longer wants to keep quiet. He already gave an interview 3 months ago, this one is more personal: His experiences with Lyoness/Lyconet/myWorld, he warns against the pyramid scheme and the makers in Graz/Austria. He wants to educate about what marketers should know.

………….soon here at BE-TV.

“eCredits”-company ECR AG dissolved and in liquidation since 03. December 2020!

Currently, the advertised “eCredits” continue to be advertised on various social media platforms, as can be seen from the website www.ecredits.com, ECR AG, in Vaduz, Liechtenstein FL-0002.599.510-4 is responsible.

However, the Office of Justice of the Principality of Liechtenstein confirms with a current excerpt from the Commercial Register that with the resolution of the General Assembly of 03.12.2020 that the ECR AG is dissolved and in liquidation. Nevertheless, as if nothing would have happened, “eCredits” are still being advertised and funds are still being collected.

According to its own information, the Cryptix Group is a full-service provider that implements digital payment and exchange solutions and consists of eight companies in Switzerland, Liechtenstein, Austria, and Slovenia. The Cryptix brands eCredits, eWallet, and Blocktrade play a decisive role in the implementation of establishing the first digital financial marketplace (The People’s Financial Marketplace), it said. This platform is expected to unite various financial services, such as payments, investments, and trading, as well as banking and insurance products, in one app. Cryptix Labs, he said, is the research and development arm of the Cryptix Group.

In this personnel company swamp surrounding “eCredits” and Cryptix AG, Ms. Anja M. Frauwallner represents personnel constant in addition to Bernhard Koch! Mrs. Anja M. Frauwallner is currently on the Board of Directors at ETR AG (Liechtenstein) together with Mr. Bernhard Koch also at CRYPTIX Holding AG (Cryptix AG) as a member of the Board of Directors individually authorized to sign. Besides, she is an authorized signatory at Cryptics LABS GmbH (registered office Vienna/Austria) whose beneficial owner is 100% Mr. Bernhard Koch.

Are “eCredits” now history? Why is it still being advertised despite liquidation? On the website, there is no reference or press release to the decision of the General Assembly? Finally, a personal request from our CEO Ben Ecker to the insight-resistant pyramid sellers: Can someone please catch the BCR howler monkey, Andreas Matuska, with his entourage and at least inform them. The phone calls and video calls left to us with conjuring fantasies from this BCR troop about “eCredits” among other things are really hard to bear. 

Cryptix AG knows nothing! Publication about discontinuation of FMA proceedings is wrong! But no IPO for Lyoness/Lyconet/myWorld?

As we have already reported, Hubert Freidl announced Lyoness/Lyconet/myWorld’s latest business idea in an online sensation at the beginning of the year: “The company will go public”. His followers were called upon to convert their shares into myWorld Share Points.

As we had already reported, we have justified doubts about this IPO. This is because Cryptix d.o.o. is no longer listed at the BaFin (German Federal Financial Supervisory Authority) and there is no cooperation with CM-Equity AG. To recall the details in more detail, read our article from January 19, 2021: : Freidl‘s Börsengang! Marketer die umsteigen verzichten so ziemlich auf alles! CM Equity AG & Cryptix d.o.o am 18.01.2021 laut aktuellen BaFin-Auszug ausgestiegen! – BE KONFLIKTMANAGEMENT (bekm.eu)

But now there is a twist in the exclusive and secret “IPO” case. This should please the members, however less, after they had followed the advice of Freidl, and had invested once again.

On January 22, 2021, Cryptix AG published a statement regarding our article mentioned above. As expected, the company accused our CEO Ben Ecker of spreading false information: Cryptix AG has no connection to myWorld, CM-Equity is unknown to them and neither Cryptix AG nor Blocktrade SA are in contact with BaFin. Publication of Cryptix AG: Announcement: : Announcement: Correcting Misinformation in Social Media – Cryptix

However, it is dubious that the activity ETR AG, which is intertwined with Cryptix AG, was already prohibited by the FMA Liechtenstein on 07 July 2020 and continues to be prohibited. Cryptix AG claims on its website, however, that the FMA have since discontinued their investigations.

This publication of Cryptix AG is wrong: : FMA Proceeding Involving ETR AG Dismissed – Cryptix (FMA proceedings against ETR AG discontinued). Only the Liechtenstein public prosecutor’s office has not initiated any criminal proceedings, but this has nothing to do with the FMA’s decision. In this case, information was presumably deliberately misrepresented in order to reassure block trade customers.

Upon request to the FMA (Financial Market Authority Liechtenstein), regarding the current status quo, we received the following message on March 31, 2021:

Notification of the FMA dated 31.03.2021

Here the English translation of the E-Mail above:

„The FMA refers to your inquiry below regarding the FMA’s announcement of 10 July 2020 in connection with ETR AG.

By order dated 7 July 2020, the FMA prohibited ETR AG, domiciled in Vaduz, as operator of the website “blocktrade.com”, from issuing e-money or accepting deposits and other repayable funds and ordered the repayment of the funds accepted.

We ask for your understanding that the FMA cannot provide any (further) information due to official secrecy. The communication from Cryptix AG dated 6.10.2020 cited by you relates, according to its own information, to criminal investigations by the Liechtenstein Public Prosecutor’s Office, on which the FMA cannot provide any information“.

However, we will ask Cryptix AG again for a statement, maybe this time the Senior Manager of Corporate Communications of Cryptix AG will manage to answer our questions truthfully.

We already asked the Senior Manager of Corporate Communications of Cryptix AG about various points. On March 02, 2021, we then received a reply to our email in which we asked her about what the supposed IPO is all about.

The most important statements from this email correspondence can be summarized as follows:

  • Cryptix AG knew nothing about a long-lasting friendship between Cryptix AG founder Bernhard Koch and Hubert Freidl. They are also not aware of the mutual idea of introducing eCredits. Editor’s note: The opinion of our CEO Ben Ecker on this is: “Anyone who knows the rope networks in these companies knows that the two know each other more than well.”
  • Regarding the fact that ETR AG is 100% operated by Cryptix AG. Blocktrade S.A. is represented by the people who also manage Cryptix AG. Editor’s note: It is proven that Blocktrade S.A. is owned 100% by Silvia Freidl, wife of Hubert Freidl. We have documented this in an article with the commercial register excerpts already on February 17, 2021: Freidl’s IPO! ” The circle is closed!” What and who is behind the Cryptix Group and Blocktrade S.A.. Who is actually managing the “big IPO now?”
  • The company CM-Equity was known to Cryptix AG and they had also cooperated with them. Editor’s note: It is striking that until January 18, 2021, a cooperation between Cryptix d.o.o. and CM-Equity was listed at the BaFin. Prior to that, our CEO Ben Ecker educated the CEO of CM-Equity about myWorld and its business models in an email dated January 11, 2021. One week later, the cooperation with the subsidiary Cryptix d.o.o. has been terminated.
  • Although the IPO had already been advertised by Freidl, after which many members in myWorld Share Points paid in funds again and had hoped for Benefit Vouchers, Cryptix AG continues to deny having had anything to do with it. Cryptix AG does not want to know anything, but is involved everywhere as an extended arm of Hubert Freidl.

As you can see, the senior manager of Cryptix AG’s corporate communications was unable to answer our questions. On the contrary: She did not even address the questions that would have been of particular interest to us, but tried to cover something up with relativizing answers. 

But the lady was able to confirm one thing in the context of our e-mail correspondence: Cryptix AG knows nothing about an IPO!

This is extremely strange, considering that Cryptix AG, which cooperates with ETR AG, which in turn operates Blocktrade.com, should know better. We are very grateful to Cryptix AG’s Senior Manager of Corporate Communications for verifying our concerns. It is certainly not possible for the simple marketers, from whom Freidl & his Keilertruppe can live well, and certainly desired by myWorld, that they can see through or even understand this whole corporate quagmire.

But we still have a few questions about the mysterious IPO:

On which stock exchange is the myWorld group, or one of its many companies, listed at all?

What is the securities identification number?

Where, and above all by whom, were the applications filed?

myWorld/Lyconet still can’t let it go in Norway!

Norway is one of the countries that have banned any Lyoness/Lyconet/myWorld/Cashback business since January 2018. At the time, the Norwegian Gaming Authority, which is also the government’s complaints authority, took strict actions against it. But that still doesn’t stop the myWorld group from allegedly depriving even more members in Norway of their money….

As Monica Alisøy Kjelsnes, a lawyer at the Norwegian Lotteries and Gaming Authority, told us on 17.03.2021, myWorld now wants to set up a company in Norway based on direct marketing. In the excerpt below of our email correspondence with Mrs. Kjelsnes, she sent us a link revealing myWorld’s alleged plans. According to myWorld, a renewed direct marketing concept would not involve any violation of laws in Norway.

Lyconet marketers continue to claim to members that they are allowed to operate legally in Norway. The protective claim for this, they say, is that the police dismissed the investigation of the case in the spring of 2020 due to capacity constraints and lack of resources. The Norwegian authority then complained, but the police stood by the decision.
However, the fact that the police dropped the criminal investigation does not mean that the activities of Lyoness/Lyconet/myWorld/Cashback are or were legal in Norway.

We would therefore like to clarify that Lyoness/Lyconet/myWorld/Cashback are still banned in Norway. This prohibition also applies to the establishment of a supposedly “new” company under the guise of a direct marketing company!!!

Below is the link of the publication on the Norwegian Authority’s website of 09.03.2021:

Vi advarer mot Lyoness, myWorld, Lyconet og Cashback – Lotteri- og stiftelsestilsynet (lottstift.no)

Below is the English translation of the publication on the Norwegian Authority’s website of 09.03.2021:

“We warn against Lyoness, myWorld, Lyconet and Cashback!

In February 2021, Lyconet wrote in an email to the Gaming Authority that it will start new operations in Norway. They are not allowed to do that. Lyoness, myWorld, Lyconet and Cashback are collectively considered to be illegal pyramid-like trading systems, with the proceeds coming mainly from recruitment of participants.

Almost 15 000 people have invested several hundred of millions of norwegian krone in the business without getting back tangible products of value.

Thousands of Norwegians are being deceived. Some have spent their savings and taken out loans. The money has gone into the business, and to some few participants sitting at the top of the pyramid business.

This case has been going on for several years:
In 2018, the gaming Authority made a decision to close all Lyoness, myWorld, Lyconet and Cashback. Lyoness complained about the decision, but the Complaint Board upheld the Gaming Authority’s decision. Lyoness also wished to remain its operations in Norway open until a possible lawsuit has been processed by the court 1, but the Oslo City Counsil has refused.

In 2019, the Gaming Authority reported several companies and individuals in the corporate structure to the police because of the seriousness and scale of the case. The Gaming Authority called for the investigation and prosecution of possible offences related to Section 16 of the Lotteries Act on illegal pyramid activities, the Criminal Code and other laws.

In the spring of 2020, the police dismissed the case due to lack of capacity and resources to investigate the case.

The Lottery Commission complained that the case was dropped. The police did not change the decision to dismiss the case for capacity reasons. This decision is final and cannot be appealed.

We know that the company and its participants inform that the business is legal because the police dropped the case.

This is false and misleading information and must be stopped immediately.  The fact that the police dropped the case does not mean that the activities of Lyoness, myWorld, Lyconet and Cashback are legal in Norway.

Lyconet writes to the Gaming Authority that the business they want to start should be based on direct marketing and that they should organise it in such a way that they do not get into a situation with suspected violations of the Lottery Act.

The decision that they have to stop all activities in Norway still applies, and it also means that they cannot start a new business.

Many people ask us what to do: we get many questions from people who have lost money with Lyoness. We do not have the authority to order the company to pay back the money. If you want this, you have to make a claim against the company.

Our advice is not to have anything to do with these companies.”

Below is the email from Monica Alisøy Kjelsnes dated 17 March 2021:

“Hubert Freidl’s Fairy Tale Hour”: Once upon a time……New York stock exchange experts forecast high-digit billion value for myWorld? Blocktrade is said to be worth 200 million EURO already?

During an “online sensation” at a “BST – Black Strike Team” Hubert Freidl said the following in the video: (Text from video transcreated verbatim).

Hubert Freidl: ” For all of us together have no idea on what we are sitting on here and you have no idea what the company is already worth today. And now I’ll tell you how I came up with it.

Most of you know the Blocktrade project, right? A super project, built on in chaos, strong! That was evaluated in a written form with a value of 200 million euros, the company.

That’s not a little money! As I heard that, I figured, then what is myWorld worth around the world? Because we are not just one website, we have 55 country companies, millions of customers and partner companies. So the company is really worth a lot! Therefore everyone can put their own number in their head, but the stock exchange experts from the people have also said that – of course we’re talking about billions – it will be a higher-digit amount of billions in 30 months.”

The mentioned “Blocktrade project” is a rather fragile product of the “EliteClub Foundation” based in Dubai and this “website” is supposed to be worth 200 million EURO? Do they think everyone else is stupid! Please, who has given Blocktrade a written review here? We have asked Blocktrade, maybe Hubert Freidls friend and former Lyoness employee can publish this written review.  If an evaluation by a renowned company had actually been available, this would have already been published on “a rolled out red carpet”.

It would also be interesting to know which ” people’ s stock market experts” have predicted that myWorld will be worth billions of euros in higher figures.

Dear Mr. Freidl, that you see yourself on par with Bill Gates, Steven Jobs and Marc Zuckerberg and compare your Lyoness/Lyconet/myWorld pyramid scheme with renowned companies like Amazon, Apple and Microsoft is obviously megalomania. A little self-reflection and the reconnection to reality would be appropriate.

Hubert Freidl’s calculation part 2! What was said but not understood at the “online presentations” on 06.02.2021!

For marketers or those who want to become marketers and no longer want to believe the constant promises and have doubts about Hubert Freidl and his ponzi scheme, the following facts may be interesting.

In the following we are going to state what the Lyconet leaders Markus Käfer and Gerry Seebacher have said themselves at the online presentation on February 06, 2021.    

During the presentation of Markus Käfer and Gerry Seebacher it was stated that MyWorld will go public in 30 months, according to Markus Käfer ” accompanied by a very, very renowned company” (which he of course did not name).Remains to hope that he did not mean the own Blocktrade.com, because the only so far involved “renowned enterprise” was the CM Equity AG which however is no longer cooperating with Crytix d.o.o. in Slovenia (a branch of Cryptix AG) since 18.01.2021

A few notes about this presentation:

If you want to participate in the share program, cancel all your previous contracts with Lyoness in this move. Excerpt: “I irrevocably terminate all my contractual relationships with my previous contractual partner (Lyoness Europe AG).”

Important for cloud owners: “Instead of SP distributions from Customer Clouds or the Enterprise Cloud, I will receive mSP.” (small difference: I could have at least still used the Shopping Points for shopping at poor conditions, while the mSP only exist on paper and represent no value at all.)

Furthermore: “I acknowledge that my discount vouchers will not be transferred and that I will, however, receive myWorld Share Points in exchange.”

You also have to agree to the “Benefit Program” – it says: “I acknowledge that due to the change in this contractual basis, my contractual partner will also change from Lyoness Europe AG […] to MyWorld Austria GmbH […] and expressly agree to this.”

The statement continues: “As a result of the current change in the contractual basis, I lose my claim to the friendship bonus to which I have been entitled to date on the basis of my membership.”

Even on the home page of the “MyWorld Share Program,” it says, “Your myWorld Share Points (mSP) MAY be converted into company shares during the Go Public period.”

Marketers are encouraged to buy the maximum amount of Benefit Vouchers for the next 30 months (for 297 euros a month) to get as many “myWorld Share Points” as possible. The lure is that if you activate your “autoship,” meaning your automatically monthly purchase of Benefit Vouchers, in February, you’ll get triple the number of points.

Conclusion: Lyoness/Lyconet/MyWorld once again changes the contractual partner to Lyconet Global AG and tries to squeeze out another 30 months until an alleged IPO (which is of course not guaranteed). Claims from previous clouds are to be replaced by the new share cloud and thus were once again postponed into the future. The aim is to get as many members as possible to get Benefit Vouchers.

In the worst case, marketers will pay in 30×297 euros over the 30 months, for a total of 8,910 euros (not to mention the possible higher one-time payments). Even if deals could pay an average of 10% with Benefit Vouchers, in purely mathematical terms you would still have to go shopping for 89,100 euros – and pay 80,190 euros of that yourself – and Benefit Vouchers expire 3 years after the time of purchase. Is that really so advantageous?

Hubert Freidl’s calculation! Andreas Matuska, Markus Käfer and other howler monkeys propagate with alleged “gifts to the pseudo IPO!” Part 1

It is out of the question that Hubert Freidl and his accomplices want to make a killing on his marketers with this “pseudo IPO” and withdraw any claims for repayment from the old marketers.

A “race over 30 months” was launched with the online sensation. “Free shares” is announced by the “chief of the roaring monkeys” Andreas Matuska, IF one orders at least a monthly Benefit Voucher of € 99.00 or a one-time Voucher. It is therefore only free of charge, if one pays in again. Admittedly, it is free of charge if marketers who have paid in money automatically become “shareholders”, according to the online presentations. As a matter of fact, the term “shareholder” is only used for listed companies, however, Hubert Freidl, Andreas Matuska, Markus Käfer, Lous Louw, etc. don’t take the truth too seriously anyway, besides, it looks good.

As to what Freidl has come up with,

  • If you order the monthly version of the Benefit Voucher you will receive 3 times the amount of MSP by 23 August 2023, if you order the Benefit Voucher once you will only receive 3 times the amount of MSP in February.
  • in February Ambassadors Lvl. 4-6 will receive 2 times the commission and Presidents Lvl. 7-8 will receive 3 times the commission, plus 7s will also get 100.000 MSP and 8s 250.000 MSP privately.
  • the MSP are split on a 50/50 ratio; 50% for private use and 50% as cloud share.
  • to this cloud share will flow an additional 25% of the total profit of all MyWorld Companys (Sports World, Travel World, ect…). Note of the editorship: The Marketer should ask themselves the question in which “profit” one wants to actually participate here. Freidl’s myWorld group sits in the UK with various holdings and limiteds all wrapped up and nested, each with a share capital between 1 and 100 GBP. Also, marketers should know that the holding companies in the UK hold the Myworld national companies, but there’s no big investment income either. Where is all the money? According to the preambel, for instance, German marketers who switch over will automatically become contractual partners of Lyconet Global AG, based in Switzerland, which again has its roots ending in the UK.
  • You also have the possibility to “upgrade” the normal purchased clouds like Enterprise ect. into the Cloud Share, whereby you lose the monthly “profit” but in the future thousands of SP+ will be distributed for your career.
  • The distribution of the SP from the Cloud Share will only take place from August 2024, i.e. one year after the IPO and only if you own at least three Bonus Lines.
  • The President’s shares will go public first, and the remaining marketers will not go public until August 2024.

One can only hope that every marketer reads the contract update and preamble carefully. In the contract update alone, which Markus Käfer succinctly shows for two seconds during the online presentation and falsely refers to it as the general terms and conditions, the marketer must agree to seven changes to the contractual relationships (5 x Lyconet & 2 x myWorld). In the preamble, four required checkmarks are also used to agree to seven changes.

Conclusion: Freidl’s calculation succeeds, as more marketers agree to this conversion to the MSP and so voluntarily forego money that has already been paid in. Furthermore, he has another four years to operate his Ponzi scheme.   

On our own behalf! After the TV broadcast “Caution trap”(„Vorsicht Falle“) from 30.01.2021!

In recent years, there were always some Freidl supporters who felt that they had to express their displeasure about our publications, which we could perfectly live with, but if it becomes personal and criminally relevant, I must and will react.

Since the broadcast in the German public television ZDF in the TV format “Caution trap” („Vorsicht Falle“) on January 30, 2021 our coworkers and I are personally being threatened, insulted and defamed by disciples of the ponzi scheme founder Hubert Freidl.

One thing should be said to these pathetic “Freidl disciples”: “You don’t even have the courage to announce yourselves with your real names and hide behind pseudo mail addresses and identities. Or announce with suppressed cell phone number drunk, under drugs or both capital crimes against my person, family and coworkers. What is actually going on in you sick minds and are you aware of the legal consequences!”

The expressed and communicated threats, insults and defamations will certainly not remain legally unanswered.

Freidl’s “Online Sensation!” The overlay of a millisecond shows that it is not a sensation!

What was that, Mr Freidl? The only thing that is sensational is the audacity of how marketers are being robbed of their money over and over again. 2 hours 7 minutes of the well-known self-adulation and the prognosis for the development is the purest cave painting. Not later than when the marketer understands this overlay (which was barely noticeable), he would be crazy to want these “myWorld Share Points”.

We will deal with the whole “online sensation” separately. But basically this overlay on the “Online Sensation” speaks for itself.