Australian customers of a global shopping network hope court action against the company could help them get their money back. The Australian Competition and Consumer Commission (ACCC) will today begin ...

The Australian Competition and Consumer Commission initiated the proceedings against the Austrian company in August last year. A pyramid scheme involves participants gaining a financial or other ...

THE consumer watchdog is taking a popular loyalty card company to court for allegedly operating a pyramid selling scheme. Lyoness, an Austrian company founded in 2003, operates a ‘cashback’ scheme ...

The Australian arm of international shopping community Lyoness says it feels “vindicated” after the Federal Court last week ruled its loyalty program is not a pyramid scheme and did not involve ...

TenX president Julian Hosp has reportedly been implicated in connection with Lyoness, an Austrian discount shopping service that has been declared an illegal pyramid scheme in Norway, Austria, and ...

Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. MARK COLVIN: Lyonesse was the name of a drowned kingdom in the legend of King Arthur. It was entirely ...

It is hard to know what to make of the company Lyoness, which is under investigation by the Australian Competition and Consumer Commission (ACCC) for allegedly pyramid selling and engaging in referral ...

Lyoness, an Austrian company founded in 2003, operates a ‘cashback’ scheme which provides rebates to members who shop through a Lyoness portal, use its vouchers or present their Lyoness card at ...