Lyoness MLM Review – Pyramid Scam or Not?

Today we will be reviewing a company known as Lyoness. Is it legit? Find out in this Lyoness review.

Lyoness is a company that you may have heard of if you are interested in making money online.

However, given the prevalence of frauds and Ponzi schemes in the world today, it is only normal to question whether or not this one is genuine.

There is a good chance that a friend or member of your family was the one who introduced you to Lyoness.

There are a lot of individuals who are interested in generating more money, and working from home with Lyoness appears to be an option that has a lot of potential.

Over the course of my career as an internet entrepreneur, I’ve evaluated a great number of applications that are comparable to Lyoness.

In this review, I will provide you with a straightforward and objective summary of what the Lyoness program is all about.

To be completely transparent, I am not associated with Lyoness in any way, which means that I am not being compensated monetarily for writing this review.

You may have faith that the assessment that you are obtaining is a trustworthy one.

In addition to that, I’ll also discuss the top alternative to Lyoness that has enabled me to earn an income online that I can use to support myself full-time.

Before you decide to sign up for this program, you should read this Lyoness review first.

DISCLAIMER: This is a fully independent review. I’m not affiliated with Lyoness in any shape or form whatsoever.

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Lyoness Review: Quick Details

  • Name: Lyoness
  • Founder: Hubert Freidl, Uwe Proch, Max Meienberg, Iwan J. Ackermann
  • Website: https://lyoness-corporate.com/
  • Socials: N/A
  • Type: MLM
  • Niche: Multi-media marketing
  • Recommendation: This is an MLM, so I don’t suggest you join it. My top recommendation will give you a lot more benefits than this one.

What is Lyoness?

Lyoness Review - Logo

With Lyoness, you may earn money and receive cash back on your purchases. It was established in 2003 by Hubert Freidl, Uwe Proch, Max Meienberg, and Iwan J. Ackermann, and it functions in the same way as MLM companies.

You may profit from this business strategy by convincing people to join your network and selling them on the possibility of working with you.

You could also come across Cashback World, Cashback Solutions, and Lyconet in your search for Lyoness online.

This is because several businesses have trademarked the term Lyoness.

Lyoness’s official cash-back platform, Cashback World, connects vendors and buyers. Cashback Solutions is where businesses may join Lyoness’ global customer loyalty program.

All network marketing operations are meanwhile centralized on Lyconet.

In Lyoness, you’ll find customers, retailers, and business owners. The cashback program rewards customers with a modest percentage (often between 1 and 5 percent) of their purchase price from participating retailers.

In addition, they can accumulate reward points that can be cashed in for special reductions or even cash.

However, retailers are welcome to sell their wares and take part in the loyalty program. The website for Lyoness claims that over 90 retailers participate.

Finally, business owners join Lyoness as MLM members since they’re interested in making money through multi-level marketing.

How much do you need to join Lyoness?

Anyone may join up for a free membership to use the Lyoness online shopping platform, and anyone can use it.

Bear in mind, however, that you will not be entitled to any of the privileges or benefits that come with having a premium membership.

There are a few paid add-ons that you can purchase in addition to your premium membership if you are interested in purchasing one.

Some internet publications claim that certain individuals have spent more than $3,000 to become premium members so that they may take advantage of additional privileges and benefits.

It is essential to be aware that Lyoness does not publicly reveal the fees associated with becoming a premium member; hence, it is in your best interest to conduct adequate research before agreeing to make any payments.

When deciding whether or not to upgrade to a premium membership, it is important to carefully consider both the expenses and the benefits of doing so.

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Is Lyoness a Pyramid Scheme?

Many people have wondered if Lyoness is a pyramid scam. There is much discussion over whether or not Lyoness is a fraud.

What we do know is that Lyoness does not sell a physical item and that the main method to generate money is by recruiting new distributors.

However, this does not prove that Lyoness is a pyramid scheme, and therefore should not be taken as such.

But several nations, including its birthplace of Austria, have claimed that Lyoness is a fraudulent pyramid scam.

Criminal investigations against Lyoness have been concluded by the Austrian Economic and Corruption Prosecutor.

Lyoness has also been called out as a pyramid scam in Norway, Lithuania, Greece, Poland, Sweden, and Hungary.

On the other hand, Lyoness has updated its practices. They’ve consolidated all their MLM efforts under the Lyconet brand and eliminated the membership fee.

As a result of these modifications, the Federal Court no longer considers Lyoness to be a pyramid scheme.

You should exercise caution before making any financial commitment to the company despite this judgement.

You may make money with MLM, but there are better methods to start a company from scratch.

As a result of these modifications, the Federal Court no longer views Lyoness as a pyramid scheme, despite the company’s checkered background.

However, you must determine for yourself if it is a good investment.

Is Lyoness an MLM?

That’s right, Lyoness is a multi-level marketing operation. It’s an MLM-powered online marketplace where members may sell and buy products from one other.

As a result, Lyoness relies on a group of self-employed salespeople, or “members,” to market and sell its wares.

Each participant receives a commission for bringing in new members, and the more people they bring in, the more money everyone makes.

Another multi-level marketing firm that is quite similar to Lyoness is called Shopping Sherlock.

It’s worth noting, though, that MLMs have been the subject of debate and skepticism in the past, with some individuals comparing them to pyramid scams.

It is prudent to consider the pros and downsides of any multi-level-marketing venture, including Lyoness, before committing time and money to becoming a member.

Lyoness resembles Family First Life, PGI Global, and B-Epic.

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Is Lyoness Legit?

Lyoness Review - Lyoness card

Lyoness is not, from a legal point of view, a pyramid scheme. The Oxford Living Dictionary describes a scam as a “dishonest scheme; a fraud.”

Lyoness is thus not a pyramid scheme in this regard.

However, it is essential to keep in mind that the majority of Lyoness representatives do not receive any compensation for their work. It is possible to make money with Lyoness; but, doing so requires a significant amount of work.

Those that are successful at making a significant amount of money with Lyoness often do it by actively recruiting people into the business.

In addition, in order to attract new members, Lyoness frequently makes misleading and irresponsible marketing promises. This is one of the reasons why some people believe that it is a fraud.

Final Verdict – Lyoness Review

After giving it a lot of thought, I’ve come to the conclusion that joining Lyoness is not the path to go if you want to be successful in building a business, despite the fact that the prospect of collecting cashback and shopping points can sound enticing.

Don’t get me wrong—MLM may be a fantastic business model—but if you choose Lyoness as your company of choice, you risk leaving too much money on the table.

If establishing a company is a serious goal of yours, the good news is that you may choose from a wide variety of alternative possibilities.

What do you think? Create your own own internet venture. In this way, you will have full control over what you advertise, and you will also be able to work towards your own goals according to the timetable of your choosing.

In addition, it is completely legal and sustainable, which means that you won’t have to worry about losing money or feeling like you’re in over your head with it.

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