HYIP stands for High Yield Investment Program. Are hyip suicidal? It is easy to be tempted by abnormal interest rates, but you should beware; quite a few of these programs are ponzi schemes in disguise. A ponzi scheme is a fraudulent enterprise where investors are tempted to invest in a program with the help of promises of very high returns on the investment. First comers are reimbursed using the cash that later investors bring into the scheme. Read the rest of this entry »
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