Breaking Lyoness News: Lyoness Pyramid Scheme Case Thrown Out Of Federal Court

Lyoness, the LOYALTY card shopping company, has won a court case against a governmental consumer watchdog group in Australia, which accused the company of operating a pyramid scheme.

Lyoness Found NOT GUILTY of Running Pyramid Scheme By Australian Court
Lyoness released the following statement:

23 October 2015

Lyoness welcomes court dismissal of ACCC pyramid scheme case

Lyoness, the international customer shopping network, welcomes the decision today of the Federal Court of Australia dismissing the claims of the Australian Competition and Consumer Commission (ACCC) that the Lyoness Loyalty Program was a pyramid scheme and involved unlawful referral selling.

Lyoness has at all times denied the allegations and defended the Court proceedings.

“Lyoness welcomes the judgement. At every stage we have wholly rejected the allegations raised by the ACCC,” said James O’Sullivan, Lyoness Managing Director for Australia.

“As a company, Lyoness is committed to compliance with consumer laws in every country we operate in”.

“We look forward to continuing to provide a great shopping and loyalty experience for our members and merchants,” James concluded.

Lyoness thanks its members and merchants for their continuing support.

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