subject: Liberty Reserve Easy Profits or Easy Losts [print this page] A High Yield Investment Program, or HYIP, is really a often form of pyramid scheme normally offered via the world wide web. HYIPs typically accept deposits as low as $1 while promising incredible high returns.
Online High Yield Investment Programs schemes rarely last in the future. Overwhelming number of cases claim that HYIPs are Ponzi schemes, where new investors provide the cash to pay for a return to existing investors, which they typically then withdraw. This approach allows the scam to stay in the event that new investors are found and/or old investors leave their cash in the scheme, known as compounding (because even higher income is promised).
Most HYIPs disclose no detail concerning the underlying management, location, or other facets of how money is to be invested and relatively little information (besides asserting that they can do numerous kinds of trading on various stock along with other exchanges) on how they will really generate the returns they purport. These are sometimes given some kind of an emotional appeal, appeals for faith, and promises that they can may help investors achieve financial freedom.
The introduction of e-currencies like Liberty Reserve and PerfectMoney has made it possible for High Yield Investment Programs to perform on-line and cross international boundaries, and accept more and more small investments. HYIPs usually accept deposits by either e-currency, like LibertyReserve, PerfectMoney, C-gold, GlobalDigitalPay, Pecunix or use 3rd party payment processors like AlertPay, SolidTrustPay or OkPay. HYIPs typically give you a significant incentive commission 3-9% of invested funds.
