How to Make a Fourtune with High Yield Investments.
Posted on January 28th, 2008 in Finances & Banking
HYIP is the abbreviation for High Yield Investment Program. Are hyips any good? While a HYIP may sound enticing, do not rush to invest; quite a few of those programs are ponzi schemes in disguise. A ponzi scheme is a fraudulent enterprise where investors are lured to invest in a program by promises of very high returns on the investment. The reimbursements are taken not from the profits, but from the money of the new invetors into the scheme. (more…)