HYIP is the abbreviation for High Yield Investment Program. Are hyips any good? It is easy to be tempted by huge incomes, but you should beware; a number of these opportunities are ponzi schemes or machinations. A ponzi scheme is a system by which investors are tempted to invest in a risky scheme with the help of promises of very high returns on the investment. The payoffs are made not from the profits, but from the cash newcomers bring into the scheme. Read the rest of this entry »
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Jan 28 2008 
