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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Dear customers and victims, In connection with the ongoing insolvency proceedings concerning companies of the Lyoness/ Lyconet / myWorld group, we have been asked by the insolvency administrators to disclose which of the affected parties we represent have already registered their claims in the respective proceedings. immediate feedback only from those affected parties we represent […]
EXFUSION, NEO.FX, TAGMarkets: A Traveling Circus?
In our previous report, we critically examined the system behind TAGMarkets – particularly in light of the official warning issued by the Austrian Financial Market Authority (FMA). The authority explicitly advises against conducting business with TAGMarkets or its associated companies, as they lack the necessary licenses for financial or securities services in Austria. Despite an […]
122 complaints, millions in damages – Slovenia is now also investigating Lyconet / myWorld
The pressure on the Lyoness / myWorld corporate network is growing internationally. An internal letter from the Austrian Federal Criminal Police Office to the Economic and Corruption Prosecutor’s Office (WKStA) reveals: Slovenian authorities are investigating on suspicion of organizing prohibited chain games and illegal gambling. 2.2 million euros in damages – and that’s just the […]
The TAGMarkets System in the Shadow Realm of Mauritius: FMA Warning
As a financial and brokerage platform, TAGMarkets promotes itself online as a modern Forex, CFD, and cryptocurrency broker offering copy trading tools, high trading volumes, and numerous — sometimes exotic — account models. Yet behind the polished façade, significant warning signals, ambiguities, and substantial risks for investors become apparent, requiring a professional assessment. Our analysis […]
Over 4 billion in system revenue – and an 11.9 million capital increase just before insolvency. Coincidence?
What happened to the marketers’ money? At the heart of it all is a figure that overshadows any discussion: over four billion euros . Not a typical balance sheet item, not a reported group profit, but rather around four billion euros in member payments into so-called cloud programs and marketer payments . Amounts paid in […]
Insolvency as a total loss: 98% of claims rejected – only €174,000 out of €7.9 million recognized.
A report that leaves no room for illusions. The further report by the insolvency administrator dated February 2, 2026, regarding the insolvency of myWorld Austria GmbH leaves no room for interpretation. With unusual clarity, it confirms that there is no significant insolvency estate, no realistic quota, and no scope for lenient solutions . Of the […]
Lyoness/ Lyconet / myWorld : Investigations in Madrid target top management and executives
The Spanish investigations into the Lyoness case have taken a new turn in recent months. The editorial team now has the identities of those involved and is in direct contact with some of the former perpetrators. Consistent information from investigators and lawyers indicates that the focus of the proceedings is increasingly shifting away from formal […]