Forensic investigation in the myWorld / Lyconet complex: The analysis of massive amounts of data is taking shape.

On January 27, 2026, the insolvency administrators involved met for another hearing to coordinate the status of the proceedings and the next steps. Hundreds of thousands of emails, server rooms full of data, and a coordinated review by several insolvency administrators illustrate the scale of the investigation: According to those involved in the proceedings, the forensic analysis in the myWorld / Lyconet case is scheduled to be compiled into a statement of facts for the public prosecutor’s office after the investigations are completed.

Joint review instead of individual cases

According to available information, the insolvency administrators of several companies associated with myWorld and Lyconet are currently working together in a coordinated manner . Their aim is a joint evaluation of extensive digital and physical documents .

This coordinated approach ensures that not only individual companies are considered, but also potential connections and overlaps between several companies . While such cooperation is not unusual when there are indications of closely intertwined structures, it goes significantly beyond what is typical in a standard individual insolvency proceeding.

Data set with investigative character

The ongoing review addresses, among other things:

• the review of approximately 750,000 emails using a systematic keyword search,
• the evaluation of digital and physical documents, which, according to those involved in the proceedings, occupy the space of several server rooms .

Such large amounts of data suggest the need for a forensic investigation , as is used when complex processes need to be reconstructed.

Forwarding to the public prosecutor’s office planned

Following the completion of the investigations, a statement of facts will be submitted to the public prosecutor’s office . This statement is a structured summary of facts that, from the insolvency administrator’s perspective, could be relevant under criminal law.

When coming to terms with the past meets the present

However, the known procedures show that it is no longer just about dealing with past insolvencies . The depth of the investigation, the enormous volume of data, and the coordinated approach demonstrate that the authorities and administrators are considering broader contexts .

Against this background, another question comes into focus: How can further damage be prevented during ongoing investigations?

In ongoing investigations, including those involving the Central Public Prosecutor’s Office for Combating Economic Crimes and Corruption (WKStA), authorities regularly examine whether there are risks of continued problematic activities in cases of serious economic crimes . This is particularly relevant when individuals involved have their primary residence outside the European legal area and are simultaneously operating new projects that target previously affected groups, such as those associated with Cashback Universe .

Which state resources are used or considered here is solely the responsibility of the relevant authorities. However, one thing is certain: the issue not only concerns individual creditors, but also has preventive significance for the protection of other potentially affected parties.

Another article with concrete figures, reliable facts and official assessments of the insolvency will be published on Friday.

Conclusion

The coordinated forensic investigation in the myWorld / Lyconet case demonstrates that the proceedings have reached a new level of depth . For creditors, market participants, and observers, this means that the overall situation remains open , and any statements regarding a final conclusion to the investigation are premature at this time .

Editorial Note:

The editorial team also possesses extensive additional documents and news from the myWorld/Lyconet environment, the evaluation of which is currently underway. The forensic analysis of these materials requires separate analysis and will be the subject of a separate, detailed article. This article deliberately limits itself to the current status of the proceedings and publicly known or legally confirmed contexts.

Legal Notice:
This article is a journalistic analysis. It is based on legal advice and publicly known procedural contexts. Facts, assessments, and evaluations are presented separately. There is no prejudgment. Protection is afforded by Article 5 of the German Basic Law (GG) and Article 10 of the European Convention on Human Rights (ECHR).