Two civilians have managed to get Lyoness’ financial institution accounts in South Africa frozen. As reported by MoneyWeb on September 1st; The applying was introduced on Sunday night by Jianliu Lin and her husband Adriaan van den Bergh, each members of the multi-level advertising and marketing scheme. The ex parte (the place the courtroom hears […]
Lyoness’ accounts frozen in South Africa, Ponzi lawsuit Read More »
Lyoness has acquired one other stop and desist from the Norwegian Lottery Board. As per a March fifteenth press-release, the Lottery Board writes We’ve acquired many suggestions that they (Lyoness) have began up their enterprise in Norway once more. They aren’t allowed to try this. Don’t belief the data the corporate and the Norwegian representatives offer
Lyoness scammers continue promoting in Norway, warned again Read More »
The FTC has issued a minimum of 379 MLM corporations with misleading and/or unfair conduct notices. This was introduced by the FTC on October twenty sixth. If it slipped below your radar, you’re not alone. I realized of the FTC’s announcement through a tip despatched in by a reader. At first I believed there was
FTC sends 379 MLM companies deceptive/unfair conduct notices Read More »
Lyoness has misplaced a five-year defamation lawsuit introduced towards two bloggers in Poland. The swimsuit pertained to articles printed underneath the pseudonym “antylyoness” on the “blox.pl” web site from 2013. As reported by CMWP, the Press Freedom Monitoring Middle of the Polish Journalists Affiliation, all however one cost towards the bloggers had been dismissed early
Lyoness loses blogger defamation lawsuit in Poland Read More »
Polish prosecutors have seized $6.4 million from Lyoness’ financial institution accounts. The accounts have been held with ING Financial institution Slaski SA and include a mixture of euros and zloty (PLN). As per a discover issued to Lyoness victims in Poland, Warsaw Prosecutors concluded an investigation into Lyoness Europe AG. The investigation started on January
$6.4 million seized from Lyoness by Polish prosecutors Read More »
Lyconet has been added to the Central Financial institution of Russia’s unlawful firm blacklist. As per the Central Financial institution, it has established the Lyconet reveals “indicators of a pyramid scheme”. In consequence, the Central financial institution states Lyconet is engaged in “unlawful actions”. Lyconet was added to the Central Financial institution’s blacklist on June
Lyconet pyramid scheme warning issued by Russia Read More »
Lyoness’ eCredits spinoff has acquired a securities fraud warning from Liechtenstein’s Monetary Market Authority. Of their transient warning, the FMA factors out that ECR AG in Liquidation, Vaduz, has not been licensed by the FMA and subsequently just isn’t allowed to offer any monetary providers which are topic to authorisation underneath Liechtenstein legislation. Particularly, it’s
Lyoness’ eCredits issued Liechtenstein securities fraud warning Read More »
Norway evidently doesn’t have a regulatory physique succesful recovering shopper losses from Lyoness. That has left Lyoness’ Norwegian victims dealing with the prospect of suing the corporate as civil plaintiffs. Enter the regulation agency Brækhus and their proposed sufferer class-action. Brækhus has at the moment assembled thirty Norwegian Lyoness victims for his or her lawsuit.
Lyoness recovery class-action in Norway hits potential roadblock Read More »
In a latest Lyoness webinar, firm Hubert Friedl made the declare that Deloitte had valued Lyoness at over a billion {dollars}. BE Battle Administration reached out to Deloitte for affirmation, solely to have them deny Hubert’s declare. Friedl’s valuation claims look like hype advertising and marketing as a part of Lyoness’ not too long ago
Deloitte denies Freidl Hubert’s billion dollar Lyoness valuation Read More »
Silvio Spangl was a Lyoness promoter for 9 years. He rose to President, Lyoness’ highest distributor rank. As a part of his management, Spangl centered on development of Lyoness throughout the Americas. He claims to have had over 250,000 distributors in his downline. Final yr Spangl left Lyoness. As a part of authorized efforts to
Top Lyoness distributor suing over position sale Read More »
