Lyoness relies out of Austria. The corporate was based by Hubert Freidl all the way in which again in 2003. BehindMLM first reviewed Lyoness in 2012. An up to date evaluate of Lyconet was revealed in 2014. In between opinions and since then, we’ve been following vital developments. And there’s been fairly a couple of. […]
Cashback World, Lyconet & Lyoness in 2021 Read More »
Italy’s Competitors Authority has as soon as once more discovered Lyoness to be an unlawful pyramid scheme. The corporate has been issued with one other €3 million EUR high-quality ($3.6 million USD). Based on the AGCM’s January twenty fifth press-release, Lyoness, working as myWorld Italia and Lyconet Italia is promoted in a misleading and never
Lyoness still a pyramid scheme in Italy, fined another 3 mill Read More »
Oslo police have determined it’s not value pursuing an investigation into Lyoness. Audun Kristiansen, a prosecutor on the joint unit for intelligence and investigation, instructed E24 In mild of the present scenario and that the case would require appreciable sources over a protracted time frame, we think about it essential to allocate sources elsewhere. Final
Norwegian police drop Lyoness case due to lack of resources Read More »
Lyoness seem like gearing up to make use of passive real-estate returns to encourage purchasing unit funding. The information broke on March twenty eighth, through a webinar that includes CEO Hubert Friedl. The unique webinar is in German. The parents over at BE KonfliktManagement have nevertheless kindly offered us a translation rundown. Lyoness’ real-estate deal
Lyoness using real-estate returns to solicit investment? Read More »
Poland’s prime client safety company has dominated Lyoness is a pyramid scheme. The Workplace of Competitors and Client Safety (UOKiK) handed down their resolution on December thirtieth, 2019. I imagine nevertheless it was solely just lately launched to public, as evidenced by native information choosing up the story just a few days in the past.
Lyoness a pyramid scheme in Poland Read More »
The Norwegian Gaming Board has reported Lyoness to native police. The regulator suspects Lyoness, who additionally operates at Lyconet and Cashback World, has dedicated “legal offenses” throughout the nation. As per a November nineteenth press-release, the Gaming Board advises Lyoness has been reported to public prosecutors. The Gaming Board’s report contains their investigation into Lyoness’
Lyoness reported to Norwegian police for criminal offenses Read More »
Following regulatory stress and courtroom selections which have gone in opposition to it, Lyoness seems to be distancing itself from Europe. Determined to maintain new funding rolling after Italy outlawed the Ponzi scheme, Lyoness is gearing up for a push into Malaysia, Saudi Arabia and Colombia. As they do in every new nation they increase
Lyoness Ponzi to target Malaysia, Saudi Arabia & Colombia Read More »
A high Lyoness distributor, who claims to have over 2 million members below him, has admitted “specializing in purchasing is a mistake”. Daniel Gergics is a Hungarian Lyoness distributor. In 2014 the corporate welcomes Gergics to its elite “Presidents Membership”. In response to Gergics, his Lyoness profession has netted him over £1 million GBP. An
Lyoness President claims “pushing shopping is a mistake” Read More »
As a part of a shopper safety ruling in Austria, Lyoness has been ordered to compensate victims with curiosity. The ruling covers Lyoness sufferer losses on investments made between 2007 to 2009 and in 2012. The ruling relies on the discovering that the contracts Lyoness used to dupe buyers throughout these years had been unlawful.
Lyoness victims able to recover 2007 to 2012 losses Read More »
The Norwegian Gaming Board has rejected Lyoness’ second attraction, ensuing within the Ponzi scheme being completely banned in Norway. The Gaming Board initially banned Lyoness in Norway again in January 2018. The Gaming Board’s investigation discovered that almost all of income Lyoness generated in Norway was from direct unit funding, versus cashback procuring. Thus it
Lyoness loses second Norway appeal, permanently banned nationwide Read More »
