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Author Topic: High Yield Investment Programs (HYIPs)  (Read 1673 times)
exculiber
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Posts: 10


« on: August 29, 2007, 07:10:15 AM »

Anybody here involved in HYIPs? I used to invest in some programs but I stopped because most of these turn out to be scam. Authorities concerned seem to be helpless in responding to those who fall prey to these programs.
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jagablue
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Posts: 20


« Reply #1 on: August 29, 2007, 03:27:15 PM »

This is still rampant online. If you know how to play this game, you earn handsomely but you have to bear the thought that your earnings come from fellow investing members.
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karrar
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Posts: 10


« Reply #2 on: August 30, 2007, 05:27:13 AM »

That are worst. Think about it, You are earning  money by deceiving other member like you and you will also be deceived one day. I was involved in such programs but at that time I was not familiar with methodology. These are just wastage of time, money, and honor.
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virtualeye
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Posts: 20


« Reply #3 on: August 30, 2007, 07:58:01 AM »

HYIP's model is "Ponzi Scheme".  You get paid from funds coming from your downline. If you are a pioneer member, you will likely end up a winner.
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joe
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Posts: 10


« Reply #4 on: August 30, 2007, 08:14:02 AM »

Hyips are very long programs and take many months to complete. I have tried many and all of them collapse almost in between. Hyips are very uncertain and can be terminated any time.
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