High Yield Investment Programs (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors
Operators generally set up a website offering an “investment program” which promises very high returns, such as 1% per day, disclosing little or no detail about the underlying management, location, or other aspects of how money is to be invested.
The Internet is awash in so-called “High Yield Investment Programs” or “HYIPs.” These are unregistered investments typically run by unlicensed individuals – and they are often frauds. The hallmark of an HYIP scam is the promise of incredible returns at little or no risk to the investor. A HYIP website might promise annual (or even monthly, weekly, or daily!) returns of 30 or 40 percent – or more. Some of these scams may use the term “prime bank” program. If you are approached online to invest in one of these, you should exercise extreme caution – it is likely a fraud.
Scam or legit?
Any form of financial investment is risky. If we don’t understand it well. Then it’s a scam. And vice versa if we understand it, it is an opportunity to earn huge profits, if you know how to control greed and always follow the discipline. Come to MYHYIPS24H.TOP– HYIP SAFE – YOU WILL FIND THE ANSWER TO THIS QUESTION
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