Following a boom in local investor recruitment, Lyoness caught the attention of Italian authorities. Italy’s Competition Authority (AGCM) announced 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 used by the company Lyoness Italia Srl … Continue reading Lyoness a pyramid scheme in Italy, fined 3.2 million euro