HYIP stands for High Yield
Investment Program. While a
HYIP may sound enticing, you
should be careful; many
HYIPs are little more than
thinly disguised ponzi
schemes.
A ponzi scheme is a system
by which investors are lured
to invest in a program by
promises of very high
returns on the investment.
Early investors are paid
using the money that later
investors invest in the
scheme. Things go well until
new investors stop joining
the system and the money
runs out.
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