Lyconet: Why Upline is still liable!

Hubert Freidl’s bad news at the beginning of the year about the precarious financial situation of Lyconet is still fresh in the minds of many marketers. Fear for the invested capital is growing, especially among those who once entered the system full of hope. But while many are still worried about their losses, critical voices […]

Deceived, deceived, failed: When hope obscures one’s own failure

A recent message in Telegram groups to Lyconet marketers makes it clear how desperately the company and the marketers who make a living from it are trying to keep their downline in line. In the face of growing doubt and increased cancellations within the structure, the message aims to persuade marketers to stay and keep […]

MyWorld shares at rock bottom: trading platform a joke!

Marketers promise the internal trading platform for the already disadvantaged B shares with restricted transferability an easy and closed solution for buying and selling their shares. But a closer look at the figures reveals serious weaknesses that significantly affect not only liquidity but also pricing and the fairness of trading. One central weakness is the […]

The Lyconet/MyWorld case: collapsing like a house of cards

It’s a drama in several acts that has been playing out for years – and is now heading for rock bottom. The latest developments around Lyconet and myWorld reveal a shocking picture of a system that many have already exposed as a typical pyramid scheme. While those responsible around Hubert Freidl continue to hide behind […]

Note for victims: How to effectively enforce your rights!

Those who have been harmed by an MLM system are often stunned, disappointed and angry when they realise that the promises made by the company have not been kept. The suspicion of having become a victim of a so-called SCAM is confirmed. The advice often heard in the community is not even to try to […]

Lyconet in crisis: despair, empty promises and new insights in the YouTube video from 18 January 2025

A personal commentary by Ben Ecker, CEO of BE Conflict Management Inc. The top leaders of Lyconet/myWorld can no longer ignore the serious problems facing the company. But instead of presenting viable solutions, one thing in particular is becoming clear: a desperate attempt to keep up appearances and maintain the propagated ‘business as usual’ at […]

Questionable terms and conditions and restrictions: the risks of the myWorld Share platform

The trading platform for the myWorld Share is being touted as an innovative solution for share trading. However, a thorough analysis of the terms and conditions reveals significant restrictions and risks to which potential investors are exposed. While the advantages for shareholders are negligible, the regulations appear to be clearly designed in favour of the […]

No more stock market plans: myWorld has no perspective and no credibility!

For years, myWorld has been promoting the alleged imminent IPO – a plan that increasingly appears to be a failed marketing tool. The latest developments highlight the company’s deep structural problems, which not only question its credibility but also raise the question of whether an IPO was ever seriously planned. Although myWorld is propagating a […]

EliteClub and the insolvent EURAM Bank

EliteClub transferred up to €500,000 a day to an account held by the now-closed EURAM Bank. The European American Investment Bank AG (Euram Bank) was closed by the Austrian Financial Market Authority (FMA) in October 2024. The main reasons for this measure were serious deficiencies in money laundering prevention and significant financial problems. All accounts […]

Forecast: Lyconet and myWorld still on an uncertain course in 2025!

The future of Lyconet and myWorld is under an unlucky star. The ambitious announcements made by the company for 2025 are met with skepticism and criticism. An analysis shows: the prospects are anything but promising. Questionable trading platform and almost worthless shares In January 2025, the first payouts for the Mediaboxes are to be made […]