When they started is unclear, but the Swedish Gaming Board recently concluded an investigation into Kyani.
For those unfamiliar with the company, Kyani launched in 2005 and claim to combine ‘
the world’s most powerful Superfoods to create the most compelling nutritional supplements in the industry
‘.
The word “Kyäni” itself means “strong medicine” in Tlingit, spoken by the Tlingit people of Southeast Alaska and Western Canada.
As per a press-release issued on the 29th of October, 2015, the Swedish Gaming Board announced they have
reported Kyäni Europe AB to the police and their concept Kyäni for the operation of a chain letter game.
The Gaming Board’ assessment of Kyani very much sounds like they might be operating a product-based pyramid scheme:
It is the Gaming Board’s overall assessment that the main purpose of Kyäni business is recruiting to generate growing revenues to individuals placed at higher levels within the organization and that the profit potential is related to how many members gradually enters into the concept and not primarily on the sale of products or goods.
To what extent (if at all) Kyani participated in the Gaming Board’s investigation is unclear.
Here at BehindMLM I have not formally reviewed Kyani, so can’t comment further on their business model.
Pending the outcome of a Swedish police investigation, I guess we’ll see if the Gaming Board’s allegations hold any merit.
Stay tuned…
🤖 Quick Answer
What is Kyani and when was it founded?Kyani is a nutritional supplements company established in 2005 that combines superfoods to produce nutritional products. The company name derives from the Tlingit word meaning "strong medicine," spoken by indigenous peoples of Southeast Alaska and Western Canada.
Why did Swedish authorities investigate Kyani?
The Swedish Gaming Board investigated Kyani's European operations and reported the company to police in October 2015 for operating an alleged chain letter game, suggesting potential pyramid scheme characteristics in their business model.
What were the Gaming Board's concerns about Kyani's operations?
Swedish Gaming Board assessments indicated Kyani's concept operated as a product-based pyramid scheme, raising legal concerns about the sustainability and legitimacy of their business structure and compensation model.
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