Lyoness President claims “pushing shopping is a mistake”
A top Lyoness distributor, who claims to have over 2 million members under him, has admitted “focusing on shopping is a mistake”.
Daniel Gergics is a Hungarian Lyoness distributor. In 2014 the company welcomes Gergics to its elite “Presidents Club”.
According to Gergics, his Lyoness career has netted him over £1 million GBP.
An undated video recently came across my desk, featuring Gergics apparently addressing his Lyoness team.
In the edited cut of the video, Gergics identifies Lyoness distributors focusing on shopping as a mistake.
One mistake I’ve recently noticed at one of my teams, which is part of this group as well, (is) that they’ve been pushing too much the shopping part and the saving money part (of Lyoness).
Our business, if we talk about the business, is not about saving money, it’s about making money.
And if you approach people with telling them, “Oh you can save a few quid and a few dollars over there and over here”, people are put off and they’re not interested.
Lyoness’ MLM business model sees the company hide an investment scheme behind cashback shopping.
As with all Ponzi schemes, Lyoness requires a constant stream of new investment to survive.
Cashback savings is supposed to be a foot in the door marketing tactic to lure new investors in.
If those shoppers don’t convert to investors though, it’s a waste of time – which without directly acknowledging the investment side of the business, is what Gergics is getting at.
That the shopping side of Lyoness being irrelevant being openly admitted by a top distributor in company is surprising, but not unprecedented.
BehindMLM first tracked Lyoness founder and CEO Herbert Freidl dismissing shopping back in 2013.
Our last update in early 2018 revealed nothing much had changed.
In his video, Gergics goes on to instruct his team to avoid using Lyoness’ company name in their marketing efforts.
Another thing, what I learned in the last… since January I would say, I changed the name of these events from Lyconet days to President Freedom day.
Why did I do that?
Because I created this brand President Freedom … because this brand has no reputation at all.
Which is a good thing. So no bad news on (the) internet.
But if you tell one of your friends that, “Come along, this is called Lyconet day”, and the person just Googles it or even before the meeting he Googles it, and uh he doesn’t come to the event, he cancels the event because he just believes the shit (that) is put up on Google.
We’re not exactly sure what “shit” Gergics is referring to. But if he’s referring to recent events, we’d probably have to go with Italy banning the investment side of Lyoness and fining the company 3.2 million EUR.
But even then, and you’re free to verify this yourself, a Google search of Lyconet looks pretty well scrubbed as far as we can see.
The first few pages for a “Lyconet” search reveal mostly marketing material and information from the company itself.
Our less than flattering Lyconet review is on page one, but surely a factual breakdown of Lyoness’ fraudulent business model isn’t what Gergics is referencing?
In any event even if it was, rather than address any concerns potential marks might have about Lyoness’ fraudulent business model, Gergics advises a more deceptive route.
But if we call it President Freedom day, which gives you a tool, gives you an opportunity to live a different life, people don’t know what this is exactly about.
To sum up how one celebrated top Lyoness distributor is running his business, don’t waste your time promoting shopping and deceive people into rocking up to your events.
Following the collapse of Lyoness in Italy, recent marketing videos suggest Gergics is now targeting India.
On one of his President Freedom social media accounts, Gergics claims to have “helped 1,000s of people”.
New Swiss judgement of 4 June 2019! Legal disaster for Lyoness.
bekm.us/new-swiss-judgement-of-4-june-2019-legal-disaster-for-lyoness/
Court Action by BECM (Ben Ecker) against Lyoness Germany Managing Director!
Some pain for Lyoness/ Lyconet / CBW/ myWorld Executives across the world:
facebook.com/771145199758660/posts/1046965892176588?s=100007042091102&sfns=xmwa
bekm.us/public-prosecution-cologne-file-nr-115-js-424-19-starts-again-with-preliminary-proceedings-against-managing-director-of-lyoness-
First known Lyconet Marketer gets sued for untrue statements: bekm.us/swiss-lyconet-marketer-and-website-owner-ede-buser-convicted-by-law-for-making-untrue-statements/
facebook.com/771145199758660/posts/1035181950021649?s=100007042091102&sfns=xmwa
Better explained at this link:
youtu.be/pBDxqL9Rbdk
Have you read your new Agreement and GTC’s?
So it is leagal in India ?
In the model they are not charging anything to users. Only merchant for use of his software.
Ponzi schemes are illegal in India, same as anywhere else in the world.
Lyoness’ shopping network exists solely to feed investment fraud. There are plenty of non-Ponzi cashback networks out there you can join.
I listened to the original video as I am part of the closed FB group where it was shared. This blog post is very misleading as the video is cut and the sentence was “dont focus on shopping when selling the business.
Focus on making money while helping others save money on their daily shopping”.
I understand when these sites share facts, but this is a complete misrepresentation of what the video was really about!!!
Yeah so isn’t Lyoness’ business supposed to be cashback shopping? Aren’t you all supposed to be making money from shopping?
Oh right, you also just admitted Lyoness’ actual business is investment and the shopping is fluff.
There’s nothing misleading here, stop making excuses for investment fraud and the scammers promoting it.
Same system structure and now legally proven SCAM across the world in 47 countries, since 2004.
Only changes have been from Lyoness to Cashback World to now myWorld. Lyoness ‘Premium’ Member to now Independent Lyconet Marketer (MLM). Liability now transferred to Lyconet Marketer.
Throw in ‘Eyetime’, ‘myWorld Media’ and a bunch of others.
Investments from matrix Accounting Program to Balance Programs to Enterprise Clouds to Country CLOUDS.
Again no change to system structure. Same investment matrix. More name changes.
Now legally proven global scam of Snowball / Pyramid/ Ponzi practices.
Are your investments disguised as ‘Down payments for future shopping’ in the same matrix at RISK?
You be the judge!
As noted in the latest Swiss court judgement of 4 June 2019 (hereinafter), only the ones at the top level and their “PARASITES” are making money.
The objective is to ensure that further unsuspecting people will pay into the system so that the standard of living of the persons mentioned above can be preserved.
The Comp Plan in India is completely different from the rest of Countries. No Balance Program (Units), etc.
So what, all you can do is sign up as an affiliate and recruit shoppers? I find that particularly hard to believe.
That model has flopped in every country Lyoness has previously launched in (after the investment scheme inevitably collapses).
I can get you a copy of Indian Comp Plan, if you want to see it by yourself.
Yes please.
OZ, to where can I send you the pdf file?
Contact form link is on the top right of every page.
Investigating a bit about lyoness after the “event” held in Germany. OMG it was a brain washing on the bus from Slovenia to Germany and there.
This lyoness guys are still calling me and pushing me to pay for participation and to invest.
Then i came across this website and what i see…
At this even and on the bus it was all about how we will be millionaires, how we need to bring into the business our families and friends, how we need to invest immediately as the company will be the biggest in the world..
The guy in my group was so annoying so i made some check about him.
OMG this guy was speaking same things for ONECOIN where as seen he was “diamant” 🙂 funny name..
youtube.com/watch?v=2dtTL3QIHUk Bostjan Zajc is this smuggler.
Now is clear Lyoness is collecting same scammers as they were with ONECOIN.
Oz,
Any news on the India compensation plan?
I believe it will not make a difference, what they do…
Uh didn’t Lyoness already try India a few years ago? It flopped unless I’m getting my companies mixed up.
Or are they trying again after the Italy ban?
On 25 February 2020 Lyconet must explain and justify in court that it is not a pyramid scheme:
bekm.us/on-25-february-2020-lyconet-must-explain-and-justify-in-court-that-it-is-not-a-pyramid-scheme/