Madscot Posted August 10, 2013 Posted August 10, 2013 What kind of discount on an electric unicorn? Or a perpetual motion machine? Scam.Sounds like your mind is made up, let me not try to discourage you with facts.
RocknRolla Posted August 10, 2013 Posted August 10, 2013 @madscot Please feel free to post all info here on the hub. Start by telling us how long you have been doing this, and what your monthly/annual saving/ return on you card is.
jannosmit Posted August 11, 2013 Posted August 11, 2013 Why are people then R20k lumpsums into Lyoness? Cause thats what some of our friends trying to convince us to do? Stefmyster 1
Tuxstir Posted August 11, 2013 Posted August 11, 2013 Why are people then R20k lumpsums into Lyoness? Cause thats what some of our friends trying to convince us to do? That's if you want to start a business, as they call it, That's advanced level and really wouldn't go for it, rather join and do the basic stuff till you sure and understand the system and you already have your own list of subs. Which will bring you to the same point with out having to transfer 20k into lyoness, it will just take longer,
Jaco-fiets Posted August 11, 2013 Posted August 11, 2013 I have a dischem loyalty card. Can't recall that I paid anything for it and every now and then I claim my points and get anything up to R100 off that purchase. I also use the pick a pay loyalty card connected to my discovery vitality. I save about R400/month only in points and on top of that I get a cash back on my vitality card every month or 2 for healthy food. Its money for jam really Sounds like these work on the same principle as you described
Chro Mo Posted August 11, 2013 Posted August 11, 2013 I'm sure all Bernie Maddoff's clients thought he was legit. just like old Bernie, Lyoness is just a scam. A sophisticated one, but a scam nonetheless. Money is not easy to come by. We work, we pay taxes and we save. Then we spend our hard-earned cash on bicycles. No-one is going to give you money. There is always payback. That 20k of which someone spoke far outweighs the sweeteners that have been cashed in on purchases. The same reasoning they employ applies to that schoolyard drug dealer's strategy: the first hit of heroin is absolutely free, thereafter, all it costs is your life. In this case it will cost you and everyone you've introduced to the scheme. Good for you, young entrepreneur! It will,make you feel all warm and fuzzy when your friends and relatives ask you why you led them down that particular path. Anyone for a game of aeroplane? RocknRolla, Stefmyster and jannosmit 3
King_Crispy Posted August 11, 2013 Posted August 11, 2013 I have a dischem loyalty card. Can't recall that I paid anything for it and every now and then I claim my points and get anything up to R100 off that purchase. I also use the pick a pay loyalty card connected to my discovery vitality. I save about R400/month only in points and on top of that I get a cash back on my vitality card every month or 2 for healthy food. Its money for jam really Sounds like these work on the same principle as you describedAahhh, but to do that Discovery are a registered FSP. Are lyoness?
kosmonooit Posted August 11, 2013 Posted August 11, 2013 So the bait is the discount and cash back....? Then what follows is the "advanced" and "exclusive" scheme of putting cash in, no doubt commission is payable on that to those who sign you up. And many benefiting in the short term so everyone "believes" - then the next thing you know all that cash is ... gone. Scheme folds. SCAM!
kosmonooit Posted August 11, 2013 Posted August 11, 2013 And that's how greedy schemers work, by co-opting everyone with kickbacks, in the belief everyone is motivated by money. You see that in business, with suppliers giving cash or gifts via pay back schemes to decision makers, most of this is legit as such, but for morally reprehensible as far as I am concerned. Wyatt Earp and RocknRolla 2
Jaco-fiets Posted August 11, 2013 Posted August 11, 2013 Aahhh, but to do that Discovery are a registered FSP.Are lyoness? I can't comment on Lyoness as I have not even heard about it. Sounds dodgy
Skylark Posted August 11, 2013 Posted August 11, 2013 That's if you want to start a business, as they call it, That's advanced level and really wouldn't go for it, rather join and do the basic stuff till you sure and understand the system and you already have your own list of subs. Which will bring you to the same point with out having to transfer 20k into lyoness, it will just take longer, This really does sound like the modus operandi of a pyramid scheme!
Harryn Posted August 11, 2013 Posted August 11, 2013 Its a Ponzi scheme http://behindmlm.com/companies/lyoness-us-review-cashback-and-investment-returns/#comment-76424
Danger Dassie Posted September 11, 2013 Posted September 11, 2013 This came up again today with someone else. If you do your research and ignore the emotive/monetary appeal, make up your own mind. http://en.wikipedia.org/wiki/Lyoness
nickc Posted September 11, 2013 Posted September 11, 2013 This is the only Lioness I like: DIPSLICK and Danger Dassie 2
clyde79 Posted September 11, 2013 Posted September 11, 2013 If Lyoness is not affiliated with the stores (which I am assuming it is not) then where is the money that is getting paid back come from. I haven't done too much reading but it really does have that ponzi feel to it.
Danger Dassie Posted September 11, 2013 Posted September 11, 2013 This is the only Lioness I like: Soos hulle se .... meowzit nickc and RocknRolla 2
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