Is Lyoness a scam ?
Lyoness is now in the USA and in Australia - be careful !
Lyoness looks like a scam, and is beginning to have a lot of legal problems in Europe (Austria, France, Switzerland...).
The Lyoness card is very complicated to use and you really have to understand the whole pyramid system before entering, and try the free of charge card before anything.
Infos here.
But be beware that Lyoness will collect all your "very" personnal information and data to use them "against" you.
Also, carefully read the Lyoness General terms and conditions, specially points 8 and 12, and be sure to fully understand them.
Finally read this important scam / fraud FBI warning to be sure you understand the pyramid scheme, whatever the Lyoness Business Partners say. An announced benefit of $ 24,858 for a down payment of $ 3,000 looks too good to be true.
A full ressource on Lyoness : Complaint Centre Lyoness
A very good analysis / scam warning by MLMWatchdog Rod Cook.
A paper on Lyoness by L'Hebdo newsmagazine / Switzerland (translation in english)
On the irish blog boards.ie : entries on Lyoness
A radio broadcast on Lyoness by Deutsche Welle and a Austrian TV program translated in english.
Interesting posts on THT blog
Lyoness in Australia "Scam or straight ?" : Sydney Morning Herald
and http://www.abc.net.au
and http://www.addisonslawyers.com.au
ACCC takes action against alleged pyramid scheme operator
The Australian Competition and Consumer Commission : documents on Lyoness
First court decision against Lyoness
Tips to avoid a ponzi scheme
Tips to avoid a pyramid scheme
...and watch this !
This website, basically created in french, was made to worn european french speaking consumers about the potential danger of Lyoness.
This page in english should just help you to start your own research on Lyoness.
If you have interesting infos, do not hesitate to use the contact form.
Lyoness looks like a scam, and is beginning to have a lot of legal problems in Europe (Austria, France, Switzerland...).
The Lyoness card is very complicated to use and you really have to understand the whole pyramid system before entering, and try the free of charge card before anything.
Infos here.
But be beware that Lyoness will collect all your "very" personnal information and data to use them "against" you.
Also, carefully read the Lyoness General terms and conditions, specially points 8 and 12, and be sure to fully understand them.
Finally read this important scam / fraud FBI warning to be sure you understand the pyramid scheme, whatever the Lyoness Business Partners say. An announced benefit of $ 24,858 for a down payment of $ 3,000 looks too good to be true.
A full ressource on Lyoness : Complaint Centre Lyoness
A very good analysis / scam warning by MLMWatchdog Rod Cook.
A paper on Lyoness by L'Hebdo newsmagazine / Switzerland (translation in english)
On the irish blog boards.ie : entries on Lyoness
A radio broadcast on Lyoness by Deutsche Welle and a Austrian TV program translated in english.
Interesting posts on THT blog
Lyoness in Australia "Scam or straight ?" : Sydney Morning Herald
and http://www.abc.net.au
and http://www.addisonslawyers.com.au
ACCC takes action against alleged pyramid scheme operator
The Australian Competition and Consumer Commission : documents on Lyoness
First court decision against Lyoness
Tips to avoid a ponzi scheme
- As with all investments, exercise due diligence in selecting investments and the people with whom you invest.
- Make sure you fully understand the investment before you invest your money.
Tips to avoid a pyramid scheme
- Be wary of "opportunities" to invest your money in franchises or investments that require you to bring in subsequent investors to increase your profit or recoup your initial investment.
- Independently verify the legitimacy of any franchise or investment before you invest.
...and watch this !
This website, basically created in french, was made to worn european french speaking consumers about the potential danger of Lyoness.
This page in english should just help you to start your own research on Lyoness.
If you have interesting infos, do not hesitate to use the contact form.