Lyoness

[Beacon]

Doesnt seem to be a discussion on this one. they seem to be fairly slick and around for a while.
Admins please relocate/delete this iof ther already is a Lyoness discussion
Lyoness - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Lyoness)


Since 2003, Lyoness has been the registered trademark name for an expanding[3] group of globally distributed (mostly privately owned, limited-liability) corporate structures, which originated in Austria
See also
Complaint Centre Lyoness (http://www.cc-lyoness.blogspot.com)

[JustTooMuchTime]

There's a video about it in the Educational Videos section here (https://www.realscam.com/f41/mlm-lyoness-dragons-den-2835/), but not a thread specifically about it yet. Here's the video again:


http://www.youtube.com/watch?v=BrwwC6KuS7Y

[Beacon]

yeah i saw that video but was surprised how Lyoness are going so strong today. They apparently sponsor a PGA golf tournament! The Austrian Open in now the Lyoness Open. That doesn't come cheap. and unlike other MLMs they file annual accounts and keep business addresses and take opposition into court. All this lends legitimacy.
Lyoness - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Lyoness)


Lyoness comprises at least 7 corporations registered in Switzerland
...
The main corporation, then called ‘Lyoness Holding Europe AG’, was registered in 2003 by Iwan J. Ackermann, Max Meienberg and Uwe Proch
...
In 2004, the publicly known CEO of Lyoness, Hubert Freidl, was hired by this corporation as a director
...
Lyoness, in its entirety, has an estimated annual turnover of 1.2 billion euros (2012)
...
One year after Lyoness was founded, in 2004, the Austrian criminal police (Kriminalpolizei) published an article[23] in the December issue of its organisation’s magazine, in which it warned for the resurfacing of Ponzi schemes and pyramid schemes in Austria. Lyoness was explicitly mentioned in this article. Lyoness contested the allegations publicly
...
A critic from Zurich was reported to have been sued for over 1 million CHF for ‘defamation’ after he contacted Lyoness’ partner companies in Switzerland in an attempt to explain the business model of Lyoness to them.
...

Given all the court and TV attention is it surprising this scheme hasn't really been strongly featured in the English language media. Or has it and I just missed the coverage?

[Char]

Lots of info here; Lyoness Archives | BehindMLM (http://behindmlm.com/category/companies/lyoness/)

Articles under the ‘Lyoness’ category:

Lyoness under police investigation in Sweden
Mar.18, 2014 in Lyoness 1 Comment
Some time earlier, the Swedish Gaming Board opened an investigation up into Lyoness. While the Gaming Board carried out their investigation, a separate investigation was opened up in Norway and Poland’s OCCP declared Lyoness to be a pyramid scheme. Now the Swedish Gaming Board have concluded their investigation into Lyoness… and in doing so have [Continue reading...]

Poland’s OCCP: “Lyoness is a Ponzi scheme”
Feb.11, 2014 in Lyoness 25 Comments
Following an investigation into Lyoness Europe AG, the Office of Competition and Consumer Protection in Poland are claiming Lyoness “can be a Ponzi scheme“. Not surprisingly, the OCCP’s claim relates to the accounting unit investment scheme Lyoness have buried within their merchant shopping network: The company offers participants the opportunity to receive material benefits that [Continue reading...]

Lyconet: Separating AU investment from merchants?
Feb.08, 2014 in Lyoness 17 Comments
Up until now you had to invest a lot of time building your international shopping network. Networking and making appointments to introduce Lyoness took a lot of effort as well. These networking contacts had to be updated while taking care of your existing members. This was very time-consuming. Well, that’s why we’ve developed MyLyconet. -Lyconet [Continue reading...]

DOJ issue end of year warning to Ponzi scammers
Dec.21, 2013 in choosing a business, Empower Network, Lyoness, TelexFree, WCM777, Zeek Rewards 41 Comments
Due to ongoing coverage of some the biggest Ponzi schemes that operate within the MLM industry, here at BehindMLM one of the more common questions we get is “why aren’t the authorities doing anything?” Some affiliate investors in such schemes even go so far as to use a lack of regulatory intervention as “proof” of [Continue reading...]

Norway launch Lyoness “pyramid” investigation
Dec.10, 2013 in Lyoness 33 Comments
The Norwegian Gaming Board put out a press-release today, advising that they have launched an investigation into Lyoness. Tipped off by members of the Norwegian public, the Gaming Board plans ‘to assess whether (Lyoness) is an illegal pyramid‘. Among other things, the Authority received information that it costs 20,000 dollars to join Lyoness. We also learned that [Continue reading...]

Lyoness corporate webinar spells out Ponzi scheme
Jun.04, 2013 in Lyoness 48 Comments
When I sat down to initially review Lyoness (the European version), I spent a few days trying to get my head around material that was obviously never written to be fully comprehended by your average MLM affiliate. When Lyoness launched in the US, they sought to remedy this by releasing slightly less confusing business model [Continue reading...]

Lyoness CEO: “It’s all about positions!”
May.30, 2013 in Lyoness 23 Comments
Earlier this month news broke that Lyoness had begun to actively go after uploaded multimedia footage that made the company look bad. Falsely claiming copyright infringement, Lyoness filed multiple copyright infringement notices with YouTube who then took the videos down (they have a “no questions asked” policy on copyright infringement complaints, however the complaints can [Continue reading...]

Lyoness 2012 Income Disclosure Statement analysis
May.28, 2013 in companies, Lyoness 25 Comments
The BehindMLM review of Lyoness (US) was written just over a year ago on the 5th of May 2012. Since publication of the review, over 1000 comments have thus far been left with the resulting discussion being largely cyclical in nature. Typically a Lyoness affiliate reads the review and then proceeds to leave a long-winded [Continue reading...]


And here:


http://vimeo.com/66851496

[littleroundman]

http://imageshack.com/a/img661/8091/ogfDf6.jpg

Australian Competition and Consumer Commission (https://www.accc.gov.au/media-release/accc-takes-action-against-alleged-pyramid-scheme-operator)

[littleroundman]

Lyoness, cashback loyalty card operator, taken to court by ACCC over allegedly operating a pyramid scheme

THE consumer watchdog is taking a popular loyalty card company to court for allegedly operating a pyramid selling scheme.

Lyoness, an Austrian company founded in 2003, operates a ‘cashback’ scheme which provides rebates to members who shop through a Lyoness portal, use its vouchers or present their Lyoness card at participating retailers.

A number of large brands participate in the Lyoness Loyalty Program, including Vintage Cellars, Overland, Oakley, Microsoft, First Choice Liquor, Liquorland, DealsDirect, Tyrepower and Barbeques Galore.

According to the Australian Competition and Consumer Commission, although Lyoness has been investigated by regulators in other countries, this is the first court action taken against the company alleging that the Lyoness Loyalty Program constitutes a pyramid scheme.

The ACCC also claims the conduct by Lyoness breached laws against ‘referral selling’, where a consumer is induced to buy goods or services by the promise of a commission or rebate contingent on a later event.

WHAT IS A PYRAMID SCHEME?

A pyramid scheme involves existing participants gaining a financial or other benefit from recruiting new members into the scheme.

New participants are in turn encouraged to join largely by the prospect that they will be entitled to benefits relating to the recruitment of further new participants.

Pyramid schemes may offer products and services, but making money out of recruitment is their main aim. The only way for a member to recover money is to convince other people to join up.

This is in contrast to multi-level marketing schemes such as Amway, in which people can earn money by selling genuine products to consumers and not from the recruiting process.

ACCC chairman Rod Sims told news.com.au: “The old days of simple pyramid selling don’t exist anymore, understandably. They’re complex schemes. The judgement we make at a high level is whether your money essentially comes from signing up other people rather than selling something of substance.”

The most recent pyramid scheme to be targeted by the ACCC was accommodation site Jutsen in 2011. In that case, the court determined while the site offered accommodation, the most important inducement was making money by encouraging others to join the scheme, who then had to pay a fee

LYONESS IN THE FIRING LINE

While cashback offers themselves are not prohibited by Australian Consumer Law, the ACCC alleges that the Lyoness scheme also offers commissions to members who recruit new members who make a down payment on future shopping.

According to Mr Sims, Lyoness had around 50,000 members in Australia as of May this year. “Our concern was that this scheme is growing rapidly — by the nature of a pyramid it can,” he said.

The ‘premium’ membership, under which members can participate in what the ACCC claims is the pyramid recruitment side of the scheme, costs $3000.

“$3000 is a good number, but there are all sorts of inducements and a lot of pressure on members to spend more and more money in the scheme,” he said.

Under Australian Consumer Law, it is illegal not only to establish or promote a pyramid scheme, but also to participate in one in any capacity.

Despite this, Mr Sims indicated individual members and the retailers themselves — some of whom had been encouraged to recruit new members — would not be targeted by the ACCC.

The first hearing will be in Sydney on Tuesday 16 September.

Lyoness has been approached for comment.

NEWS.com.au (http://www.news.com.au/finance/business/lyoness-cashback-loyalty-card-operator-taken-to-court-by-accc-over-allegedly-operating-a-pyramid-scheme/story-fnda1bsz-1227041037837)

[littleroundman]

http://imageshack.com/a/img674/3999/ZqkiQF.jpg

NEWS.com.au (http://www.news.com.au/finance/business/lyoness-cashback-loyalty-card-operator-taken-to-court-by-accc-over-allegedly-operating-a-pyramid-scheme/story-fnda1bsz-1227041037837)

[MLM Broken Model]

It was just a matter of time. No surprises here unless you still believe in the tooth fairy. Most of the MLM plans out there are using a broken model, IMO.
If your MLM program is not Product Based and Retail Sales Driven, it will eventually fail or get shut down.

[littleroundman]

http://imageshack.com/a/img540/4987/B2DPR6.jpg

Lyoness 2013 US income disclosure statment (http://cdnlarge.lyoness.net/downloads/pdf/us/info/lyo-ids-us.pdf)

[EthanVanderbuilt]

I am very glad to see the ACCC taking on the Lyoness scam.

[Realname]

It was just a matter of time. No surprises here unless you still believe in the tooth fairy. Most of the MLM plans out there are using a broken model, IMO.
If your MLM program is not Product Based and Retail Sales Driven, it will eventually fail or get shut down.

Lyoness is based on a shopping service and most of their distributors/customers are happy to use it to get discounts and/or cashback offers. Most of them save money and do not lose and that's what makes the difference between lyoness and other failed MLM models!!!

[ribshaw]

Most of them save money and do not lose and that's what makes the difference between lyoness and other failed MLM models!!!

97.33% of distributors GROSS an average of $24.78 a year. Do anything more than brush your choppers and leave the house the affiliate has lost. Purrty much like any other MLM.

[littleroundman]

Google translation of an article appearing on Greeces' News247.gr (http://news247.gr/eidiseis/koinonia/eglima/sth-dhmosiothta-ta-stoixeia-twn-aystriakwn-egkefalwn-kai-toy-ellhna-synergou-toys-gia-thn-apath-pyramida-ths-lyoness.3611453.html)

http://imageshack.com/a/img912/623/sz4Zc7.jpg

[littleroundman]

http://imageshack.com/a/img924/1065/wjJ4LO.png

[littleroundman]

http://i1268.photobucket.com/albums/jj563/Washable_Jones/lyoness_zpsuk3xn7wf.png

KTIPP.ch (https://www.ktipp.ch/artikel/d/lyoness-mitglieder-koennen-geldzurueckfordern/) (Google translated)

[HARRISON]

Woking Council and ARGOS are accepting the LYONESS card:

https://taratalkstoday.blogspot.co.uk/2018/04/lyoness-loyalty-card-accepted-at-woking.html

[HARRISON]

Tell lies and you'll get caught out!:

https://taratalkstoday.blogspot.co.uk/2018/04/lyoness-cashback-world-falsely-claiming.html

:NO::NO::NO:

[littleroundman]

Tell lies and you'll get caught out!:

https://taratalkstoday.blogspot.co.uk/2018/04/lyoness-cashback-world-falsely-claiming.html

:NO::NO::NO:

https://imageshack.com/a/img923/6569/Izxvo5.png

[EagleOne]

They lied? :shocked: This can't be true. Such an upright, respectful and legal company like Lyoness/Lyconet/CashbackWorld/myWorld (They keep changing their name to confuse the regulators) wouldn't lie. This has to be rogue IMA's that lied.

Wonder how long before the people and merchants from Woking will realize this and demand their money back?

When Lyoness couldn't keep the recruiting going, and all the investigations into them, they changed their name to Lyconet. Then they chose the CashbackWorld name for their loyalty card and now have re-branded themselves as myWolrd.

Great work TaraTalksToday.

[laidback]

A more accurate description would be if they changed the name to Lyonsaxocrap!

[HARRISON]

Ostriches, ostriches everywhere...

https://taratalkstoday.blogspot.co.uk/2018/05/woking-council-why-are-they-still.html

[HARRISON]

I've started a new facebook page :RpS_smile:
https://www.facebook.com/cashbackworldponzi/?modal=admin_todo_tour

[Della Cate]

[QUOTE=HARRISON;122692]Woking Council and ARGOS are accepting the LYONESS card:

https://taratalkstoday.blogspot.co.uk/2018/04/lyoness-loyalty-card-accepted-at-woking.html[/QUOTE

I've looked on the Woking BC website, because if this is the case, I'd like to see the agenda for the meetings at which it was decided, along with the relevant officer reports. Then the appropriate minutes. According to the local newspaper, the decision was supposed to be taken by the Executive Board in March 2017.

Woking Loyalty Card – shop and save! | Woking News and Mail (http://www.wokingnewsandmail.co.uk/?p=15057)

Also: Woking Council pushing Lyoness Ponzi onto unsuspecting residents (http://behindmlm.com/companies/lyoness/woking-council-pushing-lyoness-ponzi-onto-unsuspecting-residents/)

But try as I might, I can find NOTHING on Woking's website about this. You cannot go back far enough to see minutes of the Executive Board in March 2017. So did it actually go ahead? Is there a Woking resident out there who could confirm? Or is Woking BC hiding something?

It looks as if it was supposed to be considered, and that's why I'd like to see the officer reports. All very strange

[Della Cate]

However, Hailsham Town Council certainly had a little dabble - well, thought about it, at least - as Oz reports:

UK politician wants whole town signed up as Lyoness affiliates (http://behindmlm.com/companies/lyoness/uk-politician-wants-whole-town-signed-up-as-lyoness-affiliates/)

Hailsham Council suspend Lyoness local merchant project (http://behindmlm.com/companies/lyoness/hailsham-council-suspend-lyoness-local-merchant-project/)

[HARRISON]

[QUOTE=HARRISON;122692]Woking Council and ARGOS are accepting the LYONESS card:

https://taratalkstoday.blogspot.co.uk/2018/04/lyoness-loyalty-card-accepted-at-woking.html[/QUOTE

I've looked on the Woking BC website, because if this is the case, I'd like to see the agenda for the meetings at which it was decided, along with the relevant officer reports. Then the appropriate minutes. According to the local newspaper, the decision was supposed to be taken by the Executive Board in March 2017.

Woking Loyalty Card – shop and save! | Woking News and Mail (http://www.wokingnewsandmail.co.uk/?p=15057)

Also: Woking Council pushing Lyoness Ponzi onto unsuspecting residents (http://behindmlm.com/companies/lyoness/woking-council-pushing-lyoness-ponzi-onto-unsuspecting-residents/)

But try as I might, I can find NOTHING on Woking's website about this. You cannot go back far enough to see minutes of the Executive Board in March 2017. So did it actually go ahead? Is there a Woking resident out there who could confirm? Or is Woking BC hiding something?

It looks as if it was supposed to be considered, and that's why I'd like to see the officer reports. All very strange

The website is intermittently on and off, but was on last time I checked. The scheme has definitely gone ahead, but as soon as I started asking questions to the business team at Woking, they stopped answering my emails. The local paper is also refusing to discuss the issue at all, which is really frustrating. They have a massive story right on their door step and they stubbornly refuse to investigate. Bonkers. Absolutely bonkers:pulling_hair_out::pulling_hair_out:

[Della Cate]

[QUOTE=Della Cate;123582]

The website is intermittently on and off, but was on last time I checked. The scheme has definitely gone ahead, but as soon as I started asking questions to the business team at Woking, they stopped answering my emails. The local paper is also refusing to discuss the issue at all, which is really frustrating. They have a massive story right on their door step and they stubbornly refuse to investigate. Bonkers. Absolutely bonkers:pulling_hair_out::pulling_hair_out:

Well, according to the article in the Woking News and Mail, the Woking Councillor dealing with this was the "Business Liaison Portfolio Holder", one Cllr Saj Hussain.

https://moderngov.woking.gov.uk/mgUserInfo.aspx?UID=131

Might be worth dropping him a line and see what he has to say about it?

[HARRISON]

Norway have banned Lyoness from operating:

https://diepresse.com/home/wirtschaft/economist/5445204/Norwegen-verbietet-Grazer-Rabattfirma-Lyoness?from=suche.intern.portal

[HARRISON]

It's taken me many weeks to get to the bottom of the Cashback World Scam, but this is how I think it operates:

In brief:
Cashback World are buying Giftcards from National Retailers (in particular Love2Shop) at a discount and then re-selling them back to their members at full price. They give a percentage of that profit back to the members through 'cashback' and keep the rest.
Then they pretend that major Retailers are their merchants, so they can entice in the Small/Medium sized business owners, who pay them vast sums (up to £1050) to join.

Full post is here:
https://taratalkstoday.blogspot.com/2018/06/how-cashback-world-loyalty-card-scam.html

[HARRISON]

Woking Council have run a 'scam awareness' talk today! :duh::duh::duh:

22990

[HARRISON]

Finally! A retailer with some back bone! Well Done Tesco's!
This is the message they have sent me today:

'Hi Tara,

Thank you for taking the time to make us aware of this.

To call us a merchant of theirs however could be deemed misleading – as we are not a merchant but an issuer of Tesco gift cards in the relationship.

This will be picked up with them and we'll request that they stop referring to Tesco in that way.

Thanks
Cassandra - Customer Care'

Cashback World are doing this to ALL the National Retailers and it's FRAUD. 100%! Let's hope others follow

[HARRISON]

A Company called 'Eyetime' have sponsored the F1 Austrian Grand Prix.

Eyetime named Formula One Austrian Grand Prix title sponsor - SportsPro Media (http://www.sportspromedia.com/news/eyetime-formula-one-austrian-grand-prix-title-sponsor)

https://www.formula1.com/en/latest/headlines/2018/5/eyetime-to-be-title-sponsor-at-the-austrian-grand-prix.html


'25th May 2018:

Formula 1, the pinnacle of motorsport, is pleased to announce that eyetime will be the new title sponsor for the 2018 Grosser Preis von Osterreich, which will take place at the Red Bull Ring in Spielberg from June 30 to July 2.

Eyetime is an innovative social life app, one of the most avant-garde communication tools currently available on the digital market. With its state-of-the-art encryption and worldwide connectivity, eyetime meets all of its users’ needs, whether in private or professional communication.

Sean Bratches, Managing Director, Commercial Operations at Formula 1 said:
“We are delighted to welcome eyetime as one of the title sponsors of a Formula 1 Grand Prix during the 2018 season. With its hi-tech and innovative approach to the world of digital communication, eyetime perfectly matches with our vision of the pinnacle of motorsport and with our aim to connect the sport with the younger generations.”

Meglena Krumova, CEO at eyetime, said:
“eyetime opens the door to a new dimension of communication and we are very happy to partner with Formula 1 on the occasion of the 2018 Grosser Preis von Osterreich. eyetime with its possibilities for communication and Formula 1 with its millions of fans are an ideal match.”.



So who is this company that Formula One have given their name to?

The Director is listed as: Christopher Norman Thomson

Another Director is listed as Meglena Krumova - who is listed as 'resigned'.

The Secretary is listed as HEXAGON TDS LTD which has five Solicitors listed as it's Officers.

Christopher Norman Thomson is listed on all of these companies as well:

MEDIAWORLD INTERNATIONAL LIMITED (11393512)
Company status Active.
Correspondence address : 10 Finsbury Square, London, United Kingdom, EC2A 1AF

OFFICERS: HEXAGON TDS and THOMSON, Christopher Norman

MYWORLD ALPHABET LIMITED (11380259)
Company status Active
Correspondence address: 10 Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 24 May 2018
Registration number 07407685


OFFICERS: HEXAGON TDS and KRUMOVA, Meglena


EVENTWORLD INTERNATIONAL LIMITED (11366440)
Company status Active

Correspondence address 10 Finsbury Square, London, EC2A 1AF
Role ACTIVE. Secretary Appointed on 16 May 2018
Registration number 07407685


OFFICERS: HEXAGON TDS, THOMSON Christopher Norman, *LENA Alexander and *STAMPFER Markus

MYWORLD MEDIA GROUP LIMITED (11358567)
Company status Active

Correspondence address: 10 Finsbury Square, London, EC2A 1AF
Role ACTIVE. Secretary Appointed on 12 May 2018

Registration number 07407685


OFFICERS: HEXAGON TDS, THOMSON Christopher Norman, and RIEGER Bettina.

MYWORLD ENTERPRISE LIMITED (11334767)
Company status Active

Correspondence address 10 Finsbury Square, London, EC2A 1AF
Role ACTIVE. Secretary Appointed on 28 April 2018

Registration number 07407685


OFFICERS: HEXAGON TDS and THOMSON Christopher Norman,


LYCONET INTERNATIONAL LIMITED (11157485)
Company status Active

Correspondence address 5th Floor, 10 Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 18 January 2018

Registration number 7407685


OFFICERS: HEXAGON TDS, KAPUN Mario and THOMSON Christopher Norman.


MYWORLD HOLDINGS LIMITED (11138560)
Company status Active

Correspondence address 5th Floor, 10, Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 8 January 2018

Registration number 07407685


OFFICERS: HEXAGON TDS, SEDOVNIK Marko and THOMSON Christopher Norman.



EYETIME INTERNATIONAL LIMITED (11138453)
Company status Active

Correspondence address 5th Floor, 10, Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 8 January 2018

Registration number 07407685


OFFICERS: HEXAGON TDS, and THOMSON Christopher Norman.

MYWORLD LOGISTICS LIMITED (11138126)
Company status Active

Correspondence address 5th Floor, 10, Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 8 January 2018

Registration number 07407685


OFFICERS: HEXAGON TDS, PSONDER Bernhard Dr and THOMSON Christopher Norman.



MYWORLD NATURAL GROUP LIMITED (11138058)
Company status Active

Correspondence address 5th Floor, 10, Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 8 January 2018

Registration number 07407685


OFFICERS: HEXAGON TDS, HASSLER Andreas and THOMSON Christopher Norman.


MYWORLD REAL ESTATE LIMITED (11137987)

Company status Active

Correspondence address 5th Floor, 10, Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 8 January 2018

Registration number 07407685


OFFICERS: HEXAGON TDS and THOMSON Christopher Norman.


MYWORLD INTERNATIONAL LIMITED (10776184)
Company status Active

Correspondence address 10 Finsbury Square, London, United Kingdom, EC2A 1AF
Role ACTIVE. Secretary Appointed on 17 May 2017

Registration number 07407685


OFFICERS: HEXAGON TDS, SEDOVNIK Marko, GRAVE SILVA Fernando Jorge Ferreira PIETA Rafal Wojciech and THOMSON Christopher Norman.

SPORTS WORLD MARKETING LTD

Company status Active

Correspondence address Part Floor 3, 40 Bank Street, Canary Wharf, London, England, E14 5NR

OFFICERS: THOMSON Christopher Norman, *LENA Alexander and *STAMPFER Markus

POLINAR LIMITED (10260623)
Company status Active

Correspondence address: 47 York Street, London, United Kingdom, W1H 1PW

OFFICERS: THOMSON Christopher Norman,

PROCESSION TECHNOLOGY LTD (SC456311)
Company status Active

Correspondence address: 47 York Street, London, England, W1H 1PW

OFFICERS: THOMSON Christopher Norman,

47 YORK STREET LIMITED (01556934)
Company status Active

Correspondence address: 47 York Street, London, W1H 1PW

OFFICERS: THOMSON Christopher Norman,

And (finally) we have this one:

MYWORLD RETAIL SERVICES UK LIMITED (06932198)
Company status Active

Correspondence address: 47 York Street, London, W1H 1PW

Which is otherwise known as 'CASHBACK WORLD'.

[ribshaw]

Cashback World, you can call a turd a turnip.

23187

But what about Walmart?

It’s true that some major department stores are Lyoness merchants. However, that doesn’t mean they’ll accept the card. In fact, Walmart will not accept your Lyoness card unless you click through the link on Lyoness’ website which is essentially an affiliate link to Walmart.

So what happens is that you buy something from Walmart through Lyoness and Lyoness earns a commission while rewarding you with a few cents in return. It’s pretty complicated but honestly anyone can become an affiliate for Walmart, so what Lyoness has done with this store chain is not that impressive. https://barenakedscam.com/lyoness

https://lyoness.pissedconsumer.com/review.html

https://lyoness.pissedconsumer.com/cashback-world-myworld-scam-shopping-members-201805211260574.html

https://forums.moneysavingexpert.com/showthread.php?t=5864858

https://behindmlm.com/companies/lyoness/lyoness-reveals-only-21-of-cashback-world-cards-used-in-2017/

https://behindmlm.com/companies/lyoness/vienna-court-of-appeal-upholds-lyoness-tcs-are-illegal/

https://ethanvanderbuilt.com/2018/01/18/lyoness-judged-to-be-an-illegal-pyramid-scheme/

[HARRISON]

Lyoness SME merchants in Australia are being lured in with free membership which doesn't include the cards.
But then when they join, they have to pay Lyoness $50 a month in fees AND 8% of any sale that is purchased using the card.
I don't know if this is happening in other countries but the SME's in Australia seem oblivious to this racket.

[HARRISON]

I have two bits of news tonight that I'm hoping are really good:
Firstly Tesco.
I've been in regular contact with Tesco's over the summer and have been telling them all about CashBackWorlds 'business practices' and they've been really helpful and very appreciative of the information. So I'm really, really hoping that this news tonight is permanent?

23206

As you can see, people have been trying to buy Tesco Giftcards though CBW and they have 'sold out'.

And secondly, and much more hopeful, is some news about Love2shop vouchers.
People have also been trying to top up there CBW Love2shop cards and have also been unable to do so:

23207

But this lady was so cross, she contacted Love2shop customer service dept and was shocked to be told this bit of really good news:
(that's good for us, not her!)

23208

[HARRISON]

The trouble with telling lies is that you WILL get caught out!

23243

[HARRISON]

How To Get A Refund From Lyoness;

https://taratalkstoday.blogspot.com/2019/02/lyoness-how-to-get-refund.html

Over 600 people claim to have gotten a refund from Lyoness using this Austrian Lawyer.
I can only substantiate one of them, but it's still nice to know that action can be taken if you want to.

[EagleOne]

Lyoness is permanently banned in Norway. The Norwegian Gaming Board has rejected Lyoness’ second appeal, resulting in the Ponzi scheme being permanently banned in Norway. The Gaming Board initially banned Lyoness in Norway in January 2018. Lyoness appealed that decision.

The Gaming Board’s investigation found that the majority of revenue Lyoness generated in Norway was from direct unit investment, as opposed to cashback shopping, as well as commissions and unit returns were also primarily funded by new unit investment. Oz at behindMLM has a story on this development.

[HARRISON]

This is interesting.
Woolworths in Australia have banned Lyoness from buying their gift vouchers.
Oh, how I wish, the UK retailers would do the same!

23913

Also, we have this:

'I Called Lyconet Customer Service on Friday (April 25, 2019) And Got The Following Reply:

Due To Fraud, All New Cashback World Shoppers Using The Cashback App Must Have The Credit Card Option activated by The Gift card Department.

The Marketer or Sponsor of The New Cashback World Shopper Can e-Mail Cashback World Customer Service The Name And ID Number of The New Cashback World Customer That Need Their Cashback App Credit Card Option Activated. Multiple Requests Can Be Included in One e-mail.

This Request Can Also Be Called in, But They Prefer e-mail To Keep From Being Bomb With Lots of Phone Calls.

Plan B:

You Can Ask Your New Cashback World Customers To e-mail or Call In Their Own Request To Activate The Cashback App Credit Card Option. But, You Might Lose A New Cashback World Customer With This Plan B!

I Thought This Was A Non-iPhone Issue, But It is Not. It’s A New Cashback World Customer Issue.'

[HARRISON]

It's all kicking off down under!
Jef Rowlinson the Australian MD has been sending emails to his Lyoness members claiming that the numerous refunds currently being given out to disgruntled Lyoness members are LIES, that the German law firm handling the refunds are SCAMMERS and that there are NO legal proceedings anywhere in Europe regarding Lyoness!

https://taratalkstoday.blogspot.com/2019/05/lyoness-australian-md-jef-rowlison.html

[laidback]

It's all kicking off down under!
Jef Rowlinson the Australian MD has been sending emails to his Lyoness members claiming that the numerous refunds currently being given out to disgruntled Lyoness members are LIES, that the German law firm handling the refunds are SCAMMERS and that there are NO legal proceedings anywhere in Europe regarding Lyoness!

https://taratalkstoday.blogspot.com/2019/05/lyoness-australian-md-jef-rowlison.htmlLOL,shouldn't that be spelled "Lying Ass?"

[HARRISON]

Damning Swiss Court Judgement on the whole rotten Lyoness system:
…..In summary, the business model of the defendant (Lyoness) is an unfair snowball system, pyramid scheme or Ponzi scheme according to Art. 3 (1) lit. R. UWG…..

….. Contracts closed on the basis of an unfair snowball system are ethically unacceptable…..

New Swiss judgement of 4 June 2019! Legal disaster for Lyoness! - BE KONFLIKTMANAGEMENT (http://www.bekm.us/new-swiss-judgement-of-4-june-2019-legal-disaster-for-lyoness/)

[HARRISON]

Daniel thinks if he just changes the name of 'Lyconet' to 'PresidentFreedom', nobody will know it's the same ponzi. WRONG Daniel!

TARA TALKS: 'President Freedom' - Another name for Lyoness/Lyconet/CashbackWorld/My World SCAM. (https://taratalkstoday.blogspot.com/2019/08/president-freedom-another-name-for.html)

[laidback]

Daniel thinks if he just changes the name of 'Lyconet' to 'PresidentFreedom', nobody will know it's the same ponzi. WRONG Daniel!

TARA TALKS: 'President Freedom' - Another name for Lyoness/Lyconet/CashbackWorld/My World SCAM. (https://taratalkstoday.blogspot.com/2019/08/president-freedom-another-name-for.html)

Just different color lipstick on the same pig...!

[HARRISON]

A London Promotional Video for MyWorld - with a few added extras :RpS_smile:

myWorld Video- Scambuster Approved.mp4 - Google Drive (https://drive.google.com/file/d/104cRS9J2wFezg0h6nlgRpo2n6kKNjhlQ/view?usp=sharing)

[HARRISON]

Lyoness recently had to explain, in an Austrian Court, why they weren't a pyramid scheme.
They failed!
The court document is very long but consists of two main conclusions;
1/ The Terms and Conditions could not be read by affiliates in full before they became members, so are unfair and can't be enforced.
2/ The Lyoness member is not an entrepreneur or a business owner but a consumer with consumer rights.
But they also weren't too complimentary about Clouds!
Or Cashback World!
This is my favourite bit - enjoy!

'But the advantages of a simple membership are not attractive, even economical even considered completely uninteresting: The cashback moves in the deep single-digit percentage range and the member is even better served if it is the same negotiate a discount with a dealer of his choice. In addition, the selection of partner companies and their range of products is modest, poor, mostly only local small companies (hairdresser Susi, Gasthaus zum Kirchenwirt etc.). Often the companies don't even know anything of their luck, listed on the Lyoness website as a partner company become. In view of the doubtfulness of the business model, everyone has already agreed well-known companies distanced from Lyoness. The Lyoness Cashback Card is used by well-known companies are not accepted at all!'

The full transcript of the German document has been translated here;
TARA TALKS: Lyoness / Lyconet - Vienna Court Case, July 28th 2020 (https://taratalkstoday.blogspot.com/2020/09/lyoness-lyconet-vienna-court-case-july.html)

[HARRISON]

Remember 'eCredits'? The amazing new payment system that would let you pay with your smartphone using blockchain technology? Well it looks like they've abandoned that idea as they can't get a license - can't imagine why!
FMA - Bekanntmachung: ETR AG (https://www.fma-li.li/de/news/20200710-bekanntmachung-etr-ag.html)
Announcement: ETR AG
07/10/2020
By order of July 7, 2020, the FMA prohibited ETR AG, Aeulestrasse 74, 9490 Vaduz, FL-0002.616.922-1 from issuing e-money or the acceptance of deposits and other repayable monies and the repayment of the funds received is arranged.
ETR AG is the operator of the website https: // blocktrade [dot] com ("Blocktrade Platform"). In this regard, the Company accepts funds for the purpose of issuing e-money or as deposits or other repayable funds. ETR AG thus operates the business of issuing e-money or accepting deposits and other repayable funds without the authorization required by the FMA.
This ruling is immediately enforceable, but not yet legally binding.'
'ECR' and 'ETR' have exactly the same address:
ECR AG Aeulestrasse 74, 9490 Vaduz, Liechtenstein
24537
24538

[HARRISON]

Have you ever been to an interview for one job and then been offered an 'opportunity' to join a pyramid scam instead!
TARA TALKS: 'Swiss Food' - Are They Using Job Interviews to Recruit for Cashback World? (Lyconet / Lyoness / MyWorld) (https://taratalkstoday.blogspot.com/2020/10/swiss-food-are-they-using-job.html)

24543

[HARRISON]

Great news to share today!
Lyoness Kart Hizmetleri Ltd. has been banned in Turkey for operating a pyramid scheme and is now going through bankruptcy proceedings. Lyoness is also facing criminal charges for tax evasion!
TURKEY - Lyoness as a pyramid scheme prohibited by the court! Dummy company busted / Lyoness Kart Hizmetleri Ltd. Sti. under bankruptcy administration/tax debts worth millions / penal proceedings for tax evasion and deliberate bankruptcy. - BE KONFLIKTMANAGEMENT (https://www.bekm.us/turkey-lyoness-as-a-pyramid-scheme)...
“To the responsible authority,
The business operations of Lyoness Kart Hizmetleri Ticaret Ltd. Şti. have been terminated due to tax debts to the tax office in Mecidiyeköy and bankruptcy proceedings are currently continuing.
After the bankruptcy decision concerning this company, LYONESS HOLDING EUROPE Ltd. will be registered as bankrupt according to the Trade, Enforcement and Competition Law of the Turkish Republic. Furthermore, Lyoness Kart Hizmetleri Ticaret Ltd. Şti. will be registered as bankrupt. It will not be possible for these bankrupt companies to resume trading activities in Turkey. If LYONESS HOLDING EUROPE AG. founds another company in Turkey or becomes a partner in another company, its liability for the public debt before bankruptcy will continue.
For these reasons, it is not commercially possible for these companies to establish companies in Turkey or become shareholders in other companies.”

And watch this space for some great news coming out of Austria very soon!

[HARRISON]

No longer can Hubert hide behind MyWorld. An Austrian judge has legally declared MyWorld part of the Lyoness/Lyconet scam:
myWorld Austria GmbH also part of the pyramide scheme with its judgement at the HG Wien of 13.11.2020! - BE KONFLIKTMANAGEMENT (https://www.bekm.us/myworld-austria-gmbh-also-part-of.../)...

[HARRISON]

On 30th August, 2019 the biggest recruiter of Lyoness in the USA replied to an email from a concerned Lyoness member who was trying to tell him that Lyoness was a scam:
'Mr. Little Dickhead,
Dont you think it is enough of your ****? Just remeber you are very small piece of **** which can stink for awhile....but everything has end !!! Im sure you understand'
And...
'As I said, you have no balls....and such pervert little dickheads who are jerking off on child porno are always hiding....but you are on the list ��'
And...
'Do not be such bad example to those kids.....you want them to remember you for something good.....so, my suggestion is if you have such huge problem with our business, company etc to simple communicate because only this way we can find solution. All other options will be painfull....Think about it'

Well now he seems to have changed his tune and decided that Lyoness is indeed a scam and has delivered this devastating interview:
Silvio SPANGL - Former Presidents Club Career Level 8 Leader Exposes Lyoness / Lyconet / myWorld! ?? - YouTube (https://youtu.be/3IrS7tIyh6c)