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Your experiences with HYIP investments
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[QUOTE="Kinglegend01, post: 83834, member: 27240"] A HYIP which is an acronym high-yield investment programis a fraudulent investment scheme that purports to deliver extraordinarily high returns on investment. High-yield investment schemes often advertise yields of more than 100% per year in order to lure in victims. In reality, these high-yield investment programs are Ponzi schemes, and the organizers aim to steal the money invested. In a Ponzi scheme, money from new investors is taken to pay returns to established investors. Money is not invested and no actual underlying returns are earned; new money is just used to pay people who entered the scam earlier than they did. Alot of us including me have made investments in various HYIP webistes and organizations, so I would like to share your experiences with them. [/QUOTE]
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