Anyone here involve in HYIP?

These are not "investments". They are illegal programs, that 95% of the time you will lose out on. The only people who make money are the monitors, who get a commission for supposedly "rating" and "monitoring", and the "admins" who take off with the stake.

I've been down the road on these back 7-8 years ago and can easily say "Been there.. done that.. LOST my shirt"

Oh My ... HYIP .... Have not even seen one of those scam sites in about 5 years ..lol This is a marketing forumm if you want to invest then invest in something real not some fake script that scams people.

You want to earn from investment look up MrsForex WarriorForum - Internet Marketing Forums - View Profile: mrsforex on the forum here...

James

HYIPs are scams. They all fail at some point since they rely on new "investors" to pay old ones.

Hyips are definately scams. Money could be made if your get in the beginning and then cashing out before they run away with the money. These companies want to gain good feedback in the beginning so they can attract more and larger investors so they will pay early on. Your odds are much better if you go down to your local casino and put in all on black.

Ponzi Scheme....ever heard of Bernie Madoff?
Run, run, as fast as you can.... and keep your wallet in your pocket

I experimented with these when I was a teenager. I can definitely tell you that they are all scams. They usually want you to use e-gold to process your deposit because e-gold is untraceable, then they will make out like a bandit with your money and you will never hear from them again. They might pay you if you are lucky the first time, but that is to only sucker you in to put in the big bucks before they stop responding to your e-mails and you wonder where they went. When I first got into the internet I was a victim of a couple of these schemes. I am wiser now and know if something sounds to good to be true then it probably is.




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HYIP's are Ponzi schemes.

If you are in from the start you may make money, but sooner or later it stops.

Stay well clear. If it looks to good to be true it usually is.

From SEC's Site:

Link to quoted text: Prime Bank Fraud Information Center

"You can't cheat an honest man."
"If it seems too good to be true, it probably is."

The reason HYIPs, and almost all scams, work is that they prey one of our most basic human emotions. GREED.

If you allow your moral compass to lead you when determining whether or not to get involved in a profit generating opportunity you'll rarely become involved in anything like HYIPs. I doubt that there are many investors that are truly surprised when they get screwed by this type of scheme. Even someone with half a brain will question the validity of this type of investment prior to making that payment.

These schemes are truly evil because they frequently prey on the most desperate people. These people know they should not invest in these scams, but the lure of earning fast money to get themselves out of some financial difficulty is just to attractive to resist. Inevitably they find themselves in a deeper hole than they were in to begin with.

Bgucor run, do not walk, as far away from all of these type of investment opportunities as fast as you can.

Take Care,
Gene

I have a good friend, Charles Ponzi who might be able to help you.

Tyrus

I have made alot of money in HYIPS, but still i do NOT recommend it, and I will not do it again. I would rather follow these great warriors, with their real life experience.

They are fine tuning, testing and so on. Get yourself a WSO!!!

Frodo

I took one look at this kind of program a few years ago, held my nose and ran the other way. If it smells like a skunk...well. There are just too many ways to make clean money on the net than to get into the gutter with questionable programs.

All the best.

Has anyone here been involved with Profitable Sunrise. On the surface it looks good. They say they give out short term loans at high interest rates. Investors can earn up to 2.15% per day, draw cash each day or week OR elect to compound for anything up to 180 days. If compounded, phenominal return. $1000 grows to about $24 000 in that time. Just looking but being cautious. They say that they insure against loss. Some compound for 3 days manually, then take cash for the nest 3 days, then compound again for 3 etc. The idea is to get "seed cash" out as soon as possible and yet grow the investment. Apparently based in the UK but not sure about that. Comment seen on MLM watchdog makes me scared to need to know if anyone has experience in this line.
Another High Yield Investment Program (HYIP) which means Ponzi Scheme except that this is a Micro scam that lets suckers join for $10. Of course that is just so they can get you suckered into putting in $1,000’s! It originates out of the UK so you never have a chance of getting your money back (at least Zeek you have some chance). They talk charity but their UK address is out of the equivalent of US “Mailboxes R us. Run, run, run!

I'm not sure if this would be considered a HYIP or not, but I know that it totally convinced me that any site that sells "adpacks" or "blocks" of the "company," or any site with the letters "HYIP" anywhere on it, is something to turn and run away from as fast as possible.

I'm referring to the "Traffic Monsoon" debacle.

For those that haven't heard of it, it was perpetrated by a guy that may just be as bad a Bernie Madoff, if not worse.

I won't mention his name here, because believe it or not, after being caught out perpetrating scams more than once, he still has loyal supporters (mostly family), who claim he's innocent.

He may just be one of the most prolific internet scammers of all time.

Well, I'll let you be the judge:

Pyramid investment scheme worth £160MILLION shut down after taking money from 162,000 people - Mirror Online


In short, ANY investment that promises massive returns in very short periods of time is probably something you don't want to touch. I'm not saying they don't exist, but chances are finding a legit one is like finding a needle in a field of haystacks.