HYIP online investment schemes
All HYIP's are simply Ponzi schemes (more commonly known as Pyramid
schemes). They offer high returns to lure investors and use the money from new
investors to pay old investors out.
For more information on Ponzi schemes (and Charles Ponzi, the man it is named after) check out this page - www.thebestscams.com/ponzi.htm
For this scheme to work there needs to be a steady influx of new investors, once there are no more new investors then the owners of the web site will shut it down and start a new one. There are about ten new HYIP schemes started each day.
I really need to point out one thing here - 100% satisfaction guarantee is complete bulldust, if a scheme is a scam then no guarantee will cover your losses. If you see a 100% guarantee on an investment web site then simply ignore it.
Tell tale signs that the HYIP you are looking at is a Ponzi scheme (and they all are) -
I'LL SAY IT AGAIN - ALL HYIP'S ARE PONZI SCHEMES!!
So, you've been scammed? Get ready for round 2!
Emails for new HYIP schemes
I recently received several emails from 'friends' who have discovered a new
HYIP that is paying. Too much information is included in the email to say it
This trick has two benefits to the scammer; if the scammer owns the site then it's the best way of getting new investors into the new scheme. If the scammer doesn't own the site then it's a method of getting referral bonuses!
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