These companies were founded by Hubert Freidl. In many countries, Lyoness/Lyconet is already illegal and in some countries even banned as a pyramid scheme. Members are recruited with the idea of cashback, fed into the pyramid scheme and currently encouraged by myWorld’s IPO fantasies to exchange investments they have already made for worthless fake shares.
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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 […]