Press release on Lyoness/Lyconet/myWorld from the APA (Austrian Press Agency). Illegality of Lyoness confirmed? Lyconet only legal since 2018?

Note: The Chamber of Labour (AK) legally represents employees in Austria. The state requires most employees to be members of the Chamber. The APA published a press release (see below) on Lyoness/Lyconet/myWorld. The marketers were contacted directly by the myWorld Solution with a roundmail to reassure them once againBut it also raises questions. The following […]

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TV broadcast in Austria. Lyconet is a Ponzi Scheme!

Finally an Austrian TV station has found the courage and describes Lyoness / Lyconet as what it is. Already on the 9th of december 2017 the Austrian’s Civil Lawyer confronted with Lyoness at ORF . At that time Lyoness was already classified as a Ponzi Scheme, and the controversial Lyoness General Terms and Conditions convicted […]

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myWorld/Lyoness: Open letter to Oscar Sousa Marques, Regional Director of APAC

Dear Mr. Marques,  We acknowledge your official release to BECM Inc., again noting that the phrase “the left hand doesn’t know what the right hand is doing” could not be more apt with respect to myWorld/Lyconet/Lyoness. The representations in your letter compares well with “cave paintings” as you lose yourself in untenable, easily refutable accusations. […]

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Poland’s Office of Competition and Consumer Protection, UOKiK, has classified Lyoness as a pyramid scheme by official decree of 30 December 2019. This means that funds will have to be reimbursed.

The Polish business and law journal GAZETA PRAWNA published an article on the UOKiK decree on 12 February 2020. https://biznes.gazetaprawna.pl/artykuly/1453526,lyoness-piramida-finansowa-program-lojalnosciowy.html The loyalty programme as run in forty-seven countries has turned out to be a poor investment in Poland, according to the President of Poland’s Office for Competition and Consumer Protection (UOKiK) in his conclusion. Proceedings […]

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Lyoness Europe AG loses appeal/Defence on grounds of international jurisdiction at court. Terms and Conditions declared null and void. Court makes no distinction between my World and/or Lyoness.

The Lyoness pyramid scheme has a penchant for appealing to the jurisdiction of individual courts, invoking Swiss jurisdiction outside EU legislation. As usual, the Lyoness pyramid scheme referred to international and local jurisdiction of the Austrian courts in a case concerning one Austrian Lyoness victim (more than €20,000 [über zweideutig!]) at Vienna Commercial Court (51 […]

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Lyconet replaces itself as a contractual partner! Marketers lose!

The Lyconet marketers had to accept another change. They were/are requested to revoke their previous participation in the Lyconet Marketing Programme of Lyoness Europe AG and to register with the Lyconet Marketing Programme of Lyconet International AG, based in Vienna. Sole shareholder of Lyconet International AG is none other than the general counsel Dr. Hubert […]

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On 25 February 2020, Lyconet must explain and justify in court that it is not a pyramid scheme!

The fact that Lyoness is a pyramid scheme has been legally determined and judged by courts in Austria and Switzerland and by authorities in Norway. On 25 February 25, 2020, Lyconet must now explain and prove that it is not a pyramid scheme at the Vienna Commercial Court in proceedings 11 Cg 75 / 16s-54. […]

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Christmas greetings and news in 2020!

Dear customers, a busy and turbulent year 2019 is coming to an end. But the year in review couldn’t be better. We have paid over a million dollars to Lyoness victims worldwide. With the numerous lawsuits brought against Mr. Ecker, Lyoness / myWorld / Cashback World was again unsuccessful this year. We thank you for […]

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Aulicio Mining Inc., partner company of GGMTrading GmbH with connections to Austrian Foreign Ministry?

Aulicio Mining Inc. in the South American country Guyana is mining gold, but the company cannot really be found. According to the companies’ register, the purpose of GGMTrading GmbH, located in Austria, is the trading in all kinds of goods, management and utilisation of rights, especially of mining rights as well as the holding and […]

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Swiss Lyoness foundations „Child & Family Foundation” and “Greenfinity Foundation” deleted by Supervisory Authority due to “destitute.” Foundations were “bled out and penniless.”! (Part 1)

On the websites of its two foundations, MyWorld replaced the Swiss foundations with the Austrian associations, whereby the name “Lyoness” vanished. Quietly and discretely, Lyoness/MyWorld actors let the deletion of the Swiss foundations happen and exchanged the Swiss foundations named in the imprint with Austrian associations of the same name. According to our information, MyWorld […]

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