Swiss Lyoness foundations „Child & Family Foundation” and “Greenfinity Foundation” deleted by Supervisory Authority due to “destitute.” Foundations were “bled out and penniless.”! (Part 1)

On the websites of its two foundations, MyWorld replaced the Swiss foundations with the Austrian associations, whereby the name “Lyoness” vanished. Quietly and discretely, Lyoness/MyWorld actors let the deletion of the Swiss foundations happen and exchanged the Swiss foundations named in the imprint with Austrian associations of the same name. According to our information, MyWorld has never announced the official deletion of the two foundations.

The Federal Office of Justice (BJ), Swiss Federal Commercial Registry Office (EHRA) publishes:

Child & Family Foundation

“The foundation is dissolved according to the Supervisory Authority’s decree of 14 December 2018.The foundation will be deleted.” This decree was issued on 24 December 2018 and published on 9 April 2019.

Greenfinity Foundation

“The foundation is dissolved according to the Supervisory Authority’s decree of 15 January 2019. The foundation will be deleted.” This decree was issued on 15 January and published on 4 July 2019

Large sums of money exported from Switzerland

Parallel to the foundations, Austrian associations of the same name (Child & Family Foundation, founded on 23 January 2004 and Greenfinity Foundation, founded on 29 December 2016) have been established.

It has always been conspicuous that so-called foundation travellers from Switzerland started their trips, e.g. to Tanzania, from Vienna, sometimes bringing with them five-figure sums of money. Have these sums been declared at the departure from Switzerland? We are going dig deeper.

Advertisement continues despite deletion

Although the Child & Family Foundation had already been dissolved by an official decree of 14 December 2018, they kept on advertising. For example, on 14 August 2019 the foundation was promoted with “All-in-one drinks for the Philippines” via the Austrian Press Agency (APA).

In principle, it is laudable when a company is involved in community work and supports those who need help, but Columbian drug lords also used to build schools and churches.