I was encouraged into investing a large sum of money into a number of Lyoness/ Cashback World’s Voucher Programs with a high ROI, by a Lyconet MLM Marketer friend.
How stupid was I.
I now find out they are already a legally proven Pyramid/ Ponzi Scheme and BANNED in Norway, Switzerland, Sweden, Poland, Austria and other EU countries, now under investigation by the regulators in Italy and Germany.
Don’t be fooled by their ‘misleading and deceptive’ marketing and their scamming Lyconet MLM Marketers, who get paid high commissions.
Hiding behind what appears to be a legitimate Cashback Shopping program is a global legally proven ‘accounting matrix’ voucher investment Pyramid/ Ponzi Scheme.
Make sure you do your own ‘due diligence’.
Lyoness/ Cashback World suspends Voucher PONZI Scheme in ITALY after large number of member complaints to regulators (AGCM)