As we reported earlier, Lyoness is facing scrutiny in Germany, both in newspapers and on television. What we pointed out in our first article on this topic, was that the authorities and organisations concerned with such matters in Germany, seemed to have completely missed all relevant developments revolving around the Lyoness racket in Austria and Switzerland (where their local counterparts speak the same language). That seems to have changed now.
The German newspaper Nordkurier reports that the national Consumer Union of Germany (Verbraucherzentrale des Landes) has examined the General Terms and Conditions of Lyoness (of which its Austrian counterpart challenges 61 clauses, and which it has started a class action lawsuit against) and has come to the conclusion that the Lyoness 'business model' is everything but transparent and that consumers should be extremely cautious in doing 'business' with this 'company'. Additionally, Joachim Geburtig of the Consumer Union says that particularly the Lyoness Premium membership (and the contracts signed to become a Premium member) is inexplicable.
We sincerely hope that everyone will take this warning seriously.