Lyoness, Lyconet, and myWorld: Companies in Norway and South Africa Imploded: Court Rulings and National Bankruptcies Shake Freidl’s Companies Worldwide

Several companies under the Lyconet/myWorld umbrella are now operating on emergency power. There’s a major shake-up at Lyoness, Lyconet, and myWorld! In multiple countries, courts have issued severe rulings and consequences against the companies. Particularly significant: in Norway and South Africa, massive financial irregularities have led to serious consequences. In South Africa, former Lyconet managers […]

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Lyoness/Lyconet/myWorld: Marketers bear the responsibility?

Lyoness/Lyconet/myWorld have been the focus of legal disputes in several countries for years. The business model and practices of these companies have been repeatedly criticised. But what is particularly alarming: In situations where legal problems arise, the company leaves its marketers out in the cold. Instead of taking responsibility, the company shifts the burden and […]

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Liability instead of freedom: The risky reality for Lyconet marketers

Working as a marketer for Lyoness/Lyconet/myWorld can seem like a promising business opportunity at first glance. With promises of high bonuses, passive income and financial independence, many are lured into the network. However, the reality shows a different picture: marketers who work for this company expose themselves to considerable legal and financial risks. In this […]

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WISE Neobank in Legal Struggles! Business Accounts Still Active After Two Years? How Is That Possible?

The legal proceedings against the neobank WISE at the Commercial Court of Vienna will be heard on September 13, 2024, after the originally scheduled date in July 2024 was postponed at the request of the defendant’s representatives. The case concerns the allegedly unlawful deactivation of online access to several business accounts without prior notice and […]

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myWorld announcements about SKAI2PAY are a lie! Now it’s official: Mastercard denies any co-operation!

Extract from Mastercard’s statement: ’………..thank you for your patience in this matter. We can now confirm that the card program mentioned is not authorized and MasterCard is taking appropriate steps………..” The highly publicized Skai2 project is once again just cave painting from the Hubert Freidl´s studio. What has long been suspected has now been officially […]

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Freidl’s companies are being liquidated by the courts – Now the former MYWORLD INTERNATIONAL LIMITED!- are being liquidated by the courts –

a Now the former MYWORLD INTERNATIONAL LIMITED! It is apparently part of Hubert Freidl’s plan to rename the companies before a court-ordered liquidation. BENEFIT4ME appears to be the current liquidation name.  It’s actually happening again. It was only in May that we reported on the dissolution of MYWORLD ENTERPRISE LIMITED despite existing liabilities. The dissolution […]

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Next Phantom Project – SKAI2PAY Without a License?! CEO of PAYNETICS AD Denies Collaboration!

What is going to be presented to members at the Lyconet seminar on September 27, 2024 in Budapest as a “bank license” or “Mastercard”? It will be interesting to see what will be told and announced there. As already described in our article of 5 August 2024, SKAI2 allegedly attempted to obtain a financial licence […]

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SKAI2PAY – Just Smoke and Mirrors! Mona99 Without a Licence & PAYNETICS AD Only a Provisional Licence. MASTERCARD Alarmed!

SKAI2PAY or SKAI2 is having licensing issues. To circumvent this problem, another player was created: Mona99 GmbH, based in Vienna. This company, founded by Karlheinz Dobnigg on 13. June 2022, aimed to obtain a licence as a financial service provider, but this goal was never achieved, and it shows a negative balance. Thus, it cannot […]

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Lyconet/myWorld held responsible for debts/contracts of Lyoness Europe AG!

The Higher Regional Court of Vienna with a clear statement: Deception and misleading practices in the stock program!  The Higher Regional Court (OLG) of Vienna recognized the deception and sentenced the successor companies of Hubert Freidl to repay the investments made with Lyoness. Yes, these are investments.   The appellate ruling (Case No. 2 R 28/24p) dated […]

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Kick Off Event 2024 – “Faith and Trust are the Top Priority at Lyconet,” says CEO Peter Gruber

SMARTYTV was the modem developed in Poland ten years ago that H. Freidl utilized, and now it is the Mediabox! Statements from the Kick Off Event: “If someone calls you and says the Mediabox doesn’t work, delete their number.” “70 boxes were tested and got hot.” “We know that many things with the boxes are […]

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