eurosfund.com-scam site

@lincgo (130)
China
June 27, 2011 7:22pm CST
I joined this HYIP site a month ago, and invested USD500, but when I ask for payment, the site didn't pay. the FAQ tell us they pay in 24 hours, but after two days, I didn't receive one penny.so I think the site is a scam. but they pay little amount to their mumbers,they didn't pay large amout to cheat more money. I hope you all should pay attention to this scam site,don't waste your money on it.
1 response
@dark_joev (3034)
• United States
28 Jun 11
Its a HYIP these always have a high risk of going scam as High Yield means high risk so these sort of investments are of a high risk for you to lose out on the money. Because they are generally investing in things that are of a High risk so that they hopefully get a high return. Remember more risk generally means a greater reward if it works out. But if it doesn't well it isn't caused Risk for nothing. You risked $500 in the hope of getting a return but if the group managing it didn't invest correctly and lost money you might have 500 invested but that 500 could now be worth $20 or even pennies depending on how much they lost. HYIP are either day traders or short term stock they aren't in it for the long term they are in it to make the highest amount possible which means risking the most money possible. You would of been better off taking that 500 and investing in a company on the stock market you would of made a far better ROI unless you picked a company that was failing. Then you might not.