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Internet High Yield Investment Programs. Opportunity or Scam?

High Yield Investment Programs or HYIP's arereturns that a Ponzi scheme advertises (and
schemes where a person (the would-bepays) require an ever-increasing flow of
investor) makes what is known as a "spend"money from investors in order to keep the
(payment) of money in quantities ranging fromscheme going. The system is doomed to
less than $1 to $1000's in hopes of gettingcollapse because there are little or no
back a high return after a certain period ofunderlying earnings from the money received
time. Most HYIP's that I have seen use theby  the  promoter."
gold electronic currency business e-Gold as
their payment processor of choice. The rateIt follows that HYIP's are usually
of return offered varies depending on theshort-lived affairs where the so-called
particular HYIP (I have seen sites offeringinvestor is often scammed out of his/her
rates as ridiculously high as 3000%) and whenmoney. I myself made a total of 15 small
an e-Gold spend is made it cannot bespends in 15 different High Yield Investment
reversed. This is in accordance with e-Gold'sPrograms recently just "to see" and I can
policy and motto which succinctly states:report  that I got paid by none. Zilch. Zero.
"Get  paid,  stay  paid."
So why do these sites continue popping up all
The following generic statement can be seenover the Internet and attracting "investors"
on the home pages of many HYIP's in referencewhen most people know the majority of these
to their program: "Our program is intendedso-called opportunities are really scams?
for people willing to achieve their financialWell, there's always the powerful allure of
freedom but unable to do so because they arethe possibility of making money without
not financial experts. xxxxx is a long termlifting a finger. That will always attract
high yield private loan program backed up bypeople.  Always.
Forex market trading and investing in various
funds and activities. Profits from theseBut the fact remains that if you have some
investments are used to enhance our programe-Gold currency laying around that you don't
and increase its stability for the longneed, you can invest in High Yield Investment
term."Programs and make some scam artists always on
the prowl for sucker money (like mine) feel
In fact however, the High Yield Investmentvery satisfied. Very happy. For the long
Programs are Ponzi schemes. Wikipedia, theterm.
free encyclopedia says: "A Ponzi scheme
(named after Charles Ponzi who becameYou may reprint or republish this article so
notorious after using the system) usuallylong as my link(s) or resource box is
offers abnormally high short-term returns inincluded and published as well.
order to entice new investors. The high



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