lyoness-logoSome time earlier, the Swedish Gaming Board opened an investigation up into Lyoness. While the Gaming Board carried out their investigation, a separate investigation was opened up in Norway and Poland’s OCCP declared Lyoness to be a pyramid scheme.

Now the Swedish Gaming Board have concluded their investigation into Lyoness… and in doing so have handed over their findings to the Stockholm County Police Department.

Commenting yesterday on the investigation, a source within the Swedish Gambling Authority wrote:

The Gaming Board today decided to notify the police that Lyoness Sweden AB is suspected of breaching the Lotteries Act, specifically for organization of chain letter games (pyramid schemes).

The case has been handed over to the Stockholm County Police Department for further investigation. Consequently, the Gaming Board is no longer handling the case.

Any further questions regarding the continued investigation should be referred to the Police Authority in Stockholm.

According to Wikipedia,

In each of the 21 Counties of Sweden there is a County Police Authority, which is headed by a County Police Commissioner. There is also a County Police Board, consisting of local politicians and the commissioner.

The Commissioners and the members of the board are all appointed by the Government of Sweden.

The County Police Authorities report to the National Police Board which in turn report to the Ministry of Justice.

Now that the Swedish police are handling the investigation, I imagine they’ll be looking to build on the Gaming Board’s findings. Whether or not any regulatory action will be taken against Lyoness remains to be seen.

Stay tuned…

 

Footnote: My thanks to the BehindMLM reader who sent in this news tip.