High-Yield Investment Programs or HYIPs
High-yield investment program (HYIP), as the name suggests, is an investment program which offer high (above normal) returns; can be upto 50% of investment per month. Although there are some reliable HYIPs there, most of these programs are fraud investment programs which use the classical ponzi scheme. These HYIPs use investments from subsequent tiers to pay (amount plus interest) to previous tiers.
High-yield investment programs marked their beginning at the end of 19th century. Many of those have managed to collect huge amounts of money from investors. They operated by smartly marketing their schemes via pyramid schemes, offering handsome amounts to recruiters, positive word-of-mouth advertising and through dedicated forums. The internet boom and e-currencies have also given rise to many 'anonymous HYIP operators' and globalization of the fraud. These new generation HYIPs used SPAM e-mails, anonymous hosting, and smart domain names (which often resemble a big financial firm) to market their schemes.
High-yield investment program operators usually do not disclose their investment schemes (mostly because there is no scheme). Some connect their names to big financial firms like international banks. There are also some operators who use the terms “HYIP Games” and “HYROL” (High Yield Return on Loan) instead of HYIP. Most high-yield investment programs collapse when new investments diminish, or when the amount to pay the clients exceeds that of new investments; the amount invested by the clients often vanish.
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High-yield investment programs marked their beginning at the end of 19th century. Many of those have managed to collect huge amounts of money from investors. They operated by smartly marketing their schemes via pyramid schemes, offering handsome amounts to recruiters, positive word-of-mouth advertising and through dedicated forums. The internet boom and e-currencies have also given rise to many 'anonymous HYIP operators' and globalization of the fraud. These new generation HYIPs used SPAM e-mails, anonymous hosting, and smart domain names (which often resemble a big financial firm) to market their schemes.
High-yield investment program operators usually do not disclose their investment schemes (mostly because there is no scheme). Some connect their names to big financial firms like international banks. There are also some operators who use the terms “HYIP Games” and “HYROL” (High Yield Return on Loan) instead of HYIP. Most high-yield investment programs collapse when new investments diminish, or when the amount to pay the clients exceeds that of new investments; the amount invested by the clients often vanish.
NobleTrading.com Offers Online Stock Trading, Online Options Trading
Online Futures Trading, Online Forex Trading
Worldwide Brokerage Service, Day Trading Brokerage
posted by Daniel Pipitone at
5:52 AM
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