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 over years, system-bound, program-oriented, in anticipation of future returns or benefits.

In parallel, internal figures reveal another dimension: Between 2015 and 2019 alone, the purchasing group generated a turnover of EUR 3,607,758,807.55 – approximately EUR 3.6 billion . In 2018, commissions totaling EUR 152,312,454.21 were paid out to top marketers . These figures originate from Hubert Freidl’s own interrogation as a suspect.

While many of these former top earners now present themselves as supposed victims and use new systems to once again seek the trust of those who were harmed, a fundamental economic question remains unanswered: If billions were moved, commissions in the hundreds of millions were paid out, and enormous flows of payments entered the system for years – where did the rest of the money go?

The 11.9 million – the miraculous capital increase before the insolvency

Something remarkable will happen between May 31st and June 26th, 2023:

The share capital of myWorld International AG is being increased from €100,000 to €12 million. An increase of €11.9 million – within just a few weeks.

The timing is critical.

It is precisely during this period that numerous enforcement proceedings are underway against Lyoness Europe AG at the Buchs debt collection office. Hundreds of creditors are awaiting payment. While operating companies are under pressure from enforcement, another group company is undergoing a massive capital increase. Coincidence? Or an internal transfer of funds?

The central question is: Where did the 11.9 million come from and where are they now?

A capital increase is not an abstract formality. It requires real funds.

So the key question is:

Where did these 11.9 million euros come from?

If the system has generated around 4 billion euros in member payments into so-called cloud programs and marketer payments over the years , another question naturally arises:

Were parts of these system resources transferred within the group?

If capital from one company subject to execution proceedings had been transferred to another, while creditors were left empty-handed, this would have significant legal implications.

Criminal law dimension

Should such a transfer of funds be confirmed, several scenarios would be conceivable:

Creditor disadvantage
Fraudulent bankruptcy
Delaying insolvency proceedings
Violations of capital maintenance rules
Breach of trust by company officers
possible contestable legal acts

In addition, there is another constellation:

A structural pattern?

According to available information, marketers made payments to one company, while shares or claims were made against another company.

Such structures significantly complicate the traceability of asset flows.

If:

Operating companies are economically drained,
In parallel, new vehicles will be equipped with fresh capital,
Executions are underway,
Dividends will be suspended,
and billions of euros can no longer be clearly assigned,

Then a normal insolvency case does not arise.

This then creates a complex need for clarification.

Conclusion: 4 billion euros – and many unanswered questions

The dimension remains extraordinary:

Approximately 4 billion euros in member payments into so-called cloud programs and marketer payments
Capital increase of €11.9 million within a few weeks
ongoing executions against group companies
Suspended dividends after payment collection
open bankruptcies with minimal assets

And the central question remains unanswered:

What happened to the marketers’ money?

Was it invested?
Used? Transferred within the group? Used to increase capital? Or transferred to other structures?

Four billion euros don’t just disappear.

A notice:

This article presents a journalistic analysis. It is based on currently available information, documents, and third-party information. Factual statements and assessments are presented separately. Those affected have the right to comment or submit a counterstatement at any time (Article 5 of the German Basic Law / Article 10 of the European Convention on Human Rights).