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 has announced: There will be no IPO as previously stated!
Ex-marketer Nicolas Krause: “There will never be an IPO”! The former Vice President team member of Hubert Freidl’s Lyconet/myWorld, released his marketers into self-employment with a video and distanced himself from Lyconet for months, after the event in Gelsenkirchen. Surprisingly, he commented in the Swiss business journal BEOBACHTER. Lyoness Einkaufsgemeinschaft konkurs – 100 Millionen Franken […]
MyWorld – Are Preference Shares Worthless and Meaningless?
Recent findings regarding preference shares distributed through the ‘initial public offering’ shed light on potential irregularities in money movements and business practices associated with Hubert Freidl’s company. From dubious account activities to contentious self-payments, this influx of information raises significant questions about the use of investor funds. MyWorld: Renewed Legal Concessions: ‘Preference shares now received! […]
Lyoness bankruptcy – What’s behind it (Part 2)
The real difference between cloud and share holders, with bankruptcy and going public: consolidation at the expense of members might be the magic word here! Or, how do you turn short-term into long-term liabilities as quickly as possible. It is emphasised in the press release from Lyoness that it only affects Lyoness Europe AG and […]
“Lyoness Europe AG & Lyoness International AG in Bankruptcy – What’s Behind It?! (PART 1)
Marketers were quite surprised when Richard Meixner, CEO of Lyoness Italia, announced the bankruptcy of Lyoness Europe AG and Lyoness International AG through a press release on October 24th, 2023. Apparently, various top leaders were also surprised or reacted highly nervously and irrationally. It is also known that Lyoness has been facing financial difficulties since […]
“The myWorld shareholder is, in fact, being involved with their own capital” – What the “fake shareholder” should talk about with his upline.
Many of the Lyconet marketers waited for almost two days at the “Sensation” in Gelsenkirchen on July 7th & 8th, 2023 for the big IPO. Finally, Hubert Freidl announced within 3 minutes and 20 seconds “As of now you are all shareholders” which could also mean “I screwed you up yet again!” Since this event, […]
Lyconet: September looks… complicated!
In a pyramid scheme, you get benefits from recruiting other marketers and getting them to spend money in the scheme as well. In the Lyconet September Outlook, Peter Gruber talks about how Lyconet marketers can recieve their so-called benefits and as always, it’s not all that straightforward: In a pyramid scheme, you get benefits from […]
Special on Freidl’s real estate project “Chicago Lane”: What marketers found out themselves and the current status!
Source Images: Riegler & Partner ; BE Conflict Management