Madscot Posted August 10, 2013 Share 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. Link to comment Share on other sites More sharing options...
RocknRolla Posted August 10, 2013 Share @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. Link to comment Share on other sites More sharing options...
jannosmit Posted August 11, 2013 Share Why are people then R20k lumpsums into Lyoness? Cause thats what some of our friends trying to convince us to do? Stefmyster 1 Link to comment Share on other sites More sharing options...
Tuxstir Posted August 11, 2013 Share 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, Link to comment Share on other sites More sharing options...
Jaco-fiets Posted August 11, 2013 Share 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 Link to comment Share on other sites More sharing options...
Chro Mo Posted August 11, 2013 Share 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? jannosmit, RocknRolla and Stefmyster 3 Link to comment Share on other sites More sharing options...
King_Crispy Posted August 11, 2013 Share 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? Link to comment Share on other sites More sharing options...
kosmonooit Posted August 11, 2013 Share 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! Link to comment Share on other sites More sharing options...
kosmonooit Posted August 11, 2013 Share 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 Link to comment Share on other sites More sharing options...
Jaco-fiets Posted August 11, 2013 Share 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 Link to comment Share on other sites More sharing options...
Skylark Posted August 11, 2013 Share 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! Link to comment Share on other sites More sharing options...
Harryn Posted August 11, 2013 Share Its a Ponzi scheme http://behindmlm.com/companies/lyoness-us-review-cashback-and-investment-returns/#comment-76424 Link to comment Share on other sites More sharing options...
Danger Dassie Posted September 11, 2013 Share 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 Link to comment Share on other sites More sharing options...
nickc Posted September 11, 2013 Share This is the only Lioness I like: DIPSLICK and Danger Dassie 2 Link to comment Share on other sites More sharing options...
clyde79 Posted September 11, 2013 Share 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. Link to comment Share on other sites More sharing options...
Danger Dassie Posted September 11, 2013 Share This is the only Lioness I like: Soos hulle se .... meowzit nickc and RocknRolla 2 Link to comment Share on other sites More sharing options...
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