Lyoness, Lyconet, MyWorld
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.
Lyoness / Lyconet declared a “pyramid scheme” in Swiss court (case file: EV 2016 42)!
Also in Switzerland a judgement of the Canton of Zug was delivered with brilliant reasons on 09/20/2016.
How Lyoness takes its members for fools with and in “Asia/Arabia“!
If Lyoness is “reorienting” itself and focusing on Cashback, what have they been doing during the past 13 years? Why hasn´t Lyoness publicly responded to these questions?
Lyoness sues and opts for a step forward in India!
Oh dear……Lyoness is suing for business and reputational damage. We´re not particularly concerned about this claim, the articles published are well researched and all facts described accordingly.
Complaint due to careless investigation by the Prosecutor´s Office
We don´t want to accept the closing of the criminal investigations by the Austrian Prosecutor´s Office Against Economic Crime and Corruption (WKStA) into suspicions of systematic fraud and pyramid scheme on April 2016 and have therefore involved the Senior Public Prosecutor’s Office (OSTA) and presented a comprehensive disciplinary complaint.
Researching on Lyoness in South Africa, India and in the U.S.
We worked a lot in July this year – we were on the road and did some research on the spot. We travelled to South Africa, the U.S. and India and met with representatives of local authorities and with Lyoness-SMs.
Lyoness: The next “MasterCard and commercial partnership scam” is uncovered!
We’ve uncovered the next set of lies, and will soon publish reactions from Lyoness’ “trading partners” to the current articles. When confronted with concrete inquiries, Lyoness is only too glad to represent itself toward the public as a victim of “third-party providers”. This is false, and we can prove it. We have internal e-mails from Lyoness […]
Lyoness USA is only represented in Fort Lauderdale and is not in India
But people have sold country packages for the USA and India, and spoken of “incomparable expansion”. Lyoness customers are eagerly awaiting an explanation as to why Lyoness has almost disappeared in the USA and why India can no longer be found anywhere on their list of countries.