In a pathetic attempt to hide the truth, Lyoness has now changed their name to 'Cashback World".We are talking about a global company, why waste money with a whole new branding image?
Think about it, new name, new company structure... with millions of dollars invested in units.. which was placed with 'Lyoness' now what happens to accountability for our unit money? Technically they can start with a new bank account and slowly wind Lyoness down and keep the money.
This company whatever they want to trade as, will go down in history as the biggest hoax. Some may get a bit of money back but most won't... especially in your personal unit account... ACCC you let the Australian people down by not getting your case right.
You should have focused on the units not the shopping.Don't trust 'lyoness' or 'cashback world', a name change doesn't make them ledgite!