Lyoness
Lyoness International AG was a multi-level marketing company established in Austria in 2003. According to Lyoness, the company was active in more than 40 countries, spread over six continents, and their shopping community consisted of more than five million members as of 2016. In several countries Lyoness is suspected as being, or ruled as being, a pyramid scheme.
In 2023, Lyoness International AG and Lyoness Europe AG, which served as umbrella companies for the Lyoness business model, filed for insolvency. The company was succeeded by MyWorld International AG. The Lyoness name continues to be used in legal, financial, and structural contexts in several markets.
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