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Archive for July, 2008

Do Not Touch HYIP’s

By admin On July 8, 2008 No Comments

HYIP, or High Yield Investment Programs promise you a massive daily interest on your investment. It can be anything up to an unbelievable 50% daily. The risk is very high and you need to be hugely careful before you invest. By investing in HYIPs you risk your money every day, because you have no warranty that your money is safe and in fact in very many cases it is anything but safe. Many HYIP products turn out to be pyramid or Ponzi schemes which either boarder on or or transgress into fraud or are otherwise illegal. If you want to trust your hard earned cash to people conducting illegal activities then so be it but remember what the Autopilot told you. If the person you are dealing with is doing illegal or fraudulent dealings what makes you think you are anything but the next target.

If you want to have a close look at the havoc that these schemes can produce just look at the mess surrounding the 12DailyPro and Stormpay episode recently. The thread went on for weeks in the how to forum and Stormpay have never seemed to recover. Now in this case supporters of one side quite unequivocally blame the other and I don’t think anyone but those at the centre of the episode really know the truth but needless to say there seem to be a lot of folks out of pocket. One well known internet marketer who regularly posts to the how to forum confessed to loosing around $6,000.

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Do you Want to Know Dissimilarity Between a Hyip and a Ponzi ?

By admin On July 3, 2008 No Comments

$8289.68 is a reality in month without work. I made it in this month without HUGE efforts. In this article I will tell you difference between a ponzi and a HYIP.

All you know that you can made money from investing into HYIP. Online HYIPs rarely provide information to their investors of what is done with their money. This makes it easy for fraudulent programs to succeed. Dishonest organizers can set up a website to look like the other HYIPs available on the net, wait for investors to place their money in their hand and then stop the activity and walk away with the cash.

What exactly is a ponzi scheme ?

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