Lyoness Suisse GmbH withdraws its appeal at the High Court of Appeal in Zug! The conviction as a “snowball system” is therefore final.

Journalists have treated Lyoness (now “Cashback World”) for a long time as a “pariah” and their latest press release has once again validated this deserved reputation. But have a look for yourself!

Press release from the 31st of May 2015

The way Lyoness expresses itself in its latest press release is of almost unsurpassable arrogance. Now, Lyoness wants to prove that their actions are legally sound by ignoring the judgement pronounced by an ordinary court. Their renaming as “Cashback World” doesn’t change a thing. The CEO Adolf Weisskopf is aware that some members have been waiting for almost 10 years for the company to function properly, but so far only the managers are making any money from it.

Regardless of any sugarcoating, the fact remains that Lyoness has been convicted as a “snowball system” by a final judgement. In the case of Lyoness, the Austrian legal system has failed completely, it is tempting to speak of “Nigerian conditions” or a “judicial banana republic”.

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