HYIP is an abbreviation of High Yield Investment Program. While a HYIP may sound quite enticing, you should be careful; because there are many HYIPs that are a little more than thinly disguised ponzi schemes.
Ponzi Scheme
A ponzi scheme is such a system by which investors are attracted to invest in a program by making promises of very high returns on the investment.Early investors are paid by using the money that is invested by later investors in the scheme. Everything goes smoothly until new investors stop joining the system and the money runs out.
HYIPs
Those HYIPs that are not ponzi schemes are frequently outright scams. Not only that investors are never paid any interest yield, but they also never see their original investment in the HYIP again. Those who claims secret banking systems and alternative financial networks are simply false.
