Beware of HYIP's, they are mostly SCAMS...........
July 2, 2007 6:12am CST
Be careful of investing in HYIP's, all most all of them are SCAMS, if they found such an investment opportunity, then why are they asking you to invest rather than they themselves doing it. None of them take paypal, why because they are afraid to being frozen, no they take other lenient and non-US based payment processors, so that they might get away from legal action, also they are located in countries where there is no online law or laws. SO BE CAREFUL VERY VERY CAREFUL WITH HYIP'S.
2 Jul 07
Yes, you are absolutely right, what they actually do it they take money from the new members and give it to old members, the money is not being invested anywhere, when they make enough money for themselves they simple close the website. See, if there are any such investments, why are not investment bankers and other investing groups interested?????????