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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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.
Despite warnings: Lyoness is still advertising with MasterCard
Some time ago we were notified by our customers that, surprisingly, Lyoness is still using the MasterCard name in their advertisements. To cite a concrete example, a member of Lyoness’ network marketing was offered the chance in an e-mail to buy the new “MasterCard Polo Golf Shirt”.
Network marketing / potential clients as a number of members in a fabricated numerical construct
We have lodged a complaint with the public prosecutor’s office in Cologne accusing Lyoness of manipulating the distribution system. So far, Lyoness has denied all accusations continuously and vehemently. However, there are enough findings and indications that point to a probable criminal offence
Lyoness “country packages”: a deception and a marketing lie instead of real expansion
Due to its complexity, the elaborate Lyoness system is hard to understand. Many Lyoness members were lured in with the “country packages”, in which the prospect was held out to members of being able to achieve large profits in “new” markets.