All High Yield Investment Program (HYIP) are Scam!
By jamed28
@jamed28 (1903)
Philippines
January 10, 2011 7:26am CST
Well so far all that I'd tried HYIP sites are now scam so I guess they are all scam. I'd tried investing on 10 HYIP sites, some of them never really pays me and close their site, while some pays me but then when I tried to reinvest with a bigger amount, then they also turned scam and never pays me back. I do believe now that there is no easy money online, since this HYIP sites that scammed me are all promising easy earnings.
It left me wondering why this sites are scam. I try to find out, how will this site pays me with high interest? Where will they get the money to pay for those high interest in a short time? Where will this HYIP site use the money invested on their site to earn more and later pay the investor and still have some earning left for them? Well I never got any answers for all of this questions so I guess they are all scam.
Now what do you think? Do you know an HYIP site that stays for a long time and still paying? Do you know other HYIP sites that are scam? Do you know what they are doing with those money that are invested in their site?
2 people like this
5 responses
@coldfireblade (25)
•
11 Jan 11
Hello everybody, Does any body who got paid by Orbis Trends, I Invested my 3 dollars at this HYIP and after reaching the maturity period I withdrew it but until now it was not yet deposited to my AP. Is Orbis Trends a Scam?
@ra1787 (501)
• Italy
10 Jan 11
No one gives you anything for free. They are obviously all scam. Scam doesn't mean that they will never give you money, as every ponzi scheme the first customers may get the incredible interest they claim to be giving, but that money comes from other investors and not some real income made with the money. Everything seems to be working until the investors can grow exponentially.
Eventually the growth can't sustain the site and they stop paying people, keeping most of the money for them.
Basically this is what madoff did in big, and those little scammers do in little...
@coldfireblade (25)
•
11 Jan 11
A new site drives my interest well, "brainthingy". It is an affiliate program with very low investment at only 5$, but I dont join this site yet, I want to study it better and find friends who have proven this site worthy of money and time
@lingli_78 (12822)
• Australia
11 Jan 11
i have no comment on this because i have never joined one before... i don't like to take the risk and the idea of having to invest my money online does not appeal to me so far even though many people told me that i can reap the benefits... i just don't feel secure enough to do that especially with so many scams nowadays... take care and have a nice day...
@puccagirl (7294)
• Israel
10 Jan 11
I honestly do not know, because I do not really have any experience with them. But let me put it like this: You are not the first person I have heard say that, so there might be some truth to that...
@EddySmellyFish (155)
• Malaysia
10 Jan 11
HYIP - High Yield Investment Program is very high in risk despite of its earning. You can never see any HYIP program succeed, all of them just disappear after a short while.
The real problem is, HYIP companies don't disclose their technique in handling your money to yield the investment return, and even if they take all your money away and close the site, you can't do anything about it.
Most HYIP websites don't operate in a place where they can face legal jurisdictions. Do you trust your money with these company? Only the greedy one would...
Just always remind yourself that there will be no easy money, effort = money.
Good luck and happy mylotting
