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Can anyone advise me on the highs and lows of HYIPs? |
these investments seem too good to be true,with high returns,how can we tell the good from the bad?? These "High Yield Investment Programs" (HYIP) appear to all be scams. I have never heard of a legitimate one. The US Treasury department considers the phrase "high yield investment program" a red flag that you are probably dealing with a scam. No one can honestly offer interest rates that high. I agree with Joe. They are all scam, no matter how honest they are. In the past, i am stupid enough to "invest" some money into these programs. In the long run, i lost what i put in. So stay out of these HYIP website, if you don't wish to be the next victim ;) |
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