Lyoness

Lyoness victims in Italy demand return of their losses (53 million euro)

Frauds, Lyoness

Following a nation-wide ban and three.2 million euro regulatory high-quality, Lyoness affiliate traders in Italy need their a reimbursement. To that finish Lyoness’ Italian victims have lawyered as much as demand the return of their losses. Lyoness operated in Italy by the shell firm Lyoness Italia Srl. In accordance with a report from TG Verona, […]

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Lyoness a pyramid scheme in Italy, fined 3.2 million euro

Frauds, Lyoness, regulation

Following a improve in native investor recruitment, Lyoness caught the attention of Italian authorities. Italy’s Rivals Authority (AGCM) launched a preliminary investigation into Lyoness in September 2018. The investigation concluded in late December, resulting in Lyoness being declared a pyramid scheme. As per AGCM’s investigation, the promotion system utilized by the company Lyoness Italia Srl

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Lyoness suspends voucher Ponzi scheme in Italy

Frauds, Lyoness

In response to authorities asserting a preliminary investigation, Lyoness has suspended funding from Italy. Late final month the Italian Antitrust and Shopper Safety authority revealed it had begun a preliminary investigation into Lyoness’ enterprise actions. Specficially, the AGCM had been specializing in Lyoness’ deceptive phrases and situations; misrepresentations concerning the precise likelihood of being profitable

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Lyoness under preliminary investigation in Italy

Frauds, Lyoness, regulation

In what very effectively might be an early death-knell for Lyoness, Italian authorities have introduced a preliminary investigation into the corporate. The Italian Antitrust and Client Safety Authority (AGCM) printed a bulletin on September twenty fourth. Particulars of the regulators investigation into Lyoness characteristic within the PDF model of the bulletin on web page 23.

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