Lyconet/ myWorld : Insolvency administrators continue to search for top marketers

Insolvency administrators are searching for former top Lyconet marketers, international companies, and deliverable addresses.

A recent letter concerning the insolvency proceedings, which is available to the editorial staff, shows that the investigation into the structures surrounding Lyoness, Lyconet, and myWorld has by no means stalled. The insolvency administrators are continuing their research into former top marketers and explicitly request that any existing information regarding individuals, legal entities, companies, and current addresses be compared.

Even the opening sentence of the letter is remarkable:

“We are still researching the major marketers, and we would like to compare our information with yours regarding the following natural and legal persons.”

This makes it clear: The focus is not only on the insolvent companies themselves. Previous key personnel, international corporate structures, real estate connections, and potential delivery addresses at home and abroad are also being examined.

Specific search for people, companies and addresses

The letter names, among others, the Malta-registered company Sam White, as well as Andreas and Maximilian Galler . According to the insolvency administrator’s investigation, neither of them is currently registered with a primary or secondary residence in Austria.

The former shared address listed is a property in Sankt Lorenzen im Mürztal, which, according to the available information, is owned by Maximilian Galler.

Furthermore, the insolvency administrator refers to addresses that appear in company register or registry documents:

For Maximilian Galler, an address in Portugal,
For Andreas Galler, an address in Spain.

At the same time, it is explicitly stated that these addresses have not yet been verified by the Portuguese and Spanish authorities.

The document also names the Austrian companies Nirak Immobilien und Beteiligungs GmbH and mySam GmbH; according to the insolvency administrator, the sole shareholder of these entities is Andreas or Maximilian Galler. However, the document does not indicate any official corporate link between these companies and the Lyoness, Lyconet, or myWorld groups. Rather, they appear to be of interest in the context of the investigation as points of economic connection to the individuals mentioned.

Open questions about a society in the United Arab Emirates

Another focus of the inquiry concerns WWBG Global FZ LLC. According to current information, Günter Rudolf Steininger is behind this company.

There is currently no Austrian registration for him either. His last known address is Großsteinbach in Styria. Historical GISA records indicate that Steininger worked as an insurance agent in the late 1990s and early 2000s.

WWBG Global FZ LLC is believed to be based in a free trade zone of the United Arab Emirates. However, a specific business or delivery address is not yet known.

The insolvency administrator specifically requests further information on this matter:

“We would be particularly grateful for any information regarding current deliverable addresses at home and abroad, especially concerning WWBG Global and Mr. Steininger.”

The international investigation remains relevant

The letter fits into an increasingly international picture. Civil, criminal, insolvency, or administrative proceedings and measures now affect numerous countries, including Austria, Germany, Spain, Slovenia, South Africa, Norway, Turkey, Switzerland, Italy, Croatia, Serbia, and Bosnia and Herzegovina.

However, for this article, another point is crucial: The insolvency administrator does not merely work abstractly on historical corporate structures. They continue to specifically search for former top marketers, companies, asset connections, and valid addresses for service of process.

Even a withdrawal does not protect against further investigation.

Some former executives and top marketers have long since withdrawn from the Lyoness and Lyconet environment, are now involved in other projects, or have largely ceased their public presence.

However, the present letter demonstrates that such a withdrawal does not automatically mean disappearing from the focus of the investigation. Previous roles, corporate affiliations, real estate, payment flows, and international structures can still be the subject of insolvency investigations years later.

Those who initially made grand economic promises, profited from the deposits of a downline , and later withdrew from the scene cannot simply assume that their role is over. What matters is not their current public image, but rather which actual functions, payments, and financial connections can be documented.

The editorial team requests any information.

The editorial team has contacts with numerous former marketers and victims in various countries. Reliable information can help to supplement findings from insolvency proceedings and to better understand international corporate and asset structures.

We are particularly looking for information on:

current deliverable addresses of the aforementioned persons,
Sam White in Malta,
WWBG Global FZ LLC,
Companies and investments at home and abroad,
Real estate ownership and economic Activities
Commercial and company register entries ,
other documents that can contribute to the reconstruction of asset and company structures.

Reports can be submitted completely anonymously.

Reporting channel: Whistleblower [email protected]

Conclusion

The central message of the letter is unambiguous:

“We are still researching the major marketers.”

Insolvency proceedings have been opened, but the process of untangling the affairs is far from over. Individuals, companies, places of residence, real estate holdings, and economic interconnections continue to be scrutinized. Reliable leads are of particular importance, especially in cases where current service addresses are missing or international corporate structures cannot yet be fully traced.

Anyone who has profited for years from the development of international distribution networks should not assume that questions regarding liability, financial ties, or service addresses will simply fade away over time. On the contrary, the latest correspondence demonstrates that the insolvency administration is consistently pursuing its investigations.

A notice:

This article is based on publicly available sources, documented user reports, and editorial analysis. It serves to inform the public and is protected by the freedom of the press and expression guaranteed by Article 5 of the German Basic Law, Article 10 of the European Convention on Human Rights, and Article 85 of the GDPR. Facts and opinions have been carefully separated and clearly marked.

Sources:

Court and official documents

Regional Court for Civil Matters Graz, Insolvency Proceedings myWorld International AG, File No. 27 S 129/25k ( Edict File , Public Notices).
Regional Court for Civil Matters Graz, Insolvency Proceedings Lyconet Austria GmbH, Case No. 27 S 130/25g.
3. Report of the insolvency administrator dated 25 January 2026 in the insolvency proceedings of Lyconet Austria GmbH.

Public insolvency documents

Justice Online / Edict File – Sale of the myWorld brand .
Justice Online / Edict File – Sale of international holdings of myWorld International AG.

Letters and correspondence from ongoing insolvency proceedings that have been submitted to and evaluated by the editorial staff.
The editorial team’s own research and document analysis.

Source information: This article is based on publicly available court and insolvency documents, documents from Austrian insolvency proceedings, the official gazette of the Republic of Austria, and letters and correspondence from ongoing insolvency proceedings available to the editorial team. All assessments represent the editorial team’s opinion based on these documents.