Differences between real registered investment company and HYIP (ponzi scheme)
April 11, 2010 5:59pm CST
If you browse in forums like talkgold.com or etc. you will find thread "current HYIP discussion". There are lot of fraud sites named HYIP and almost every sites are fraud and it is just a matter of time they steal their members'es money. There are very obvious scam HYIP sites, which offer 5-10% profit per day and even more. I had seen HYIP which offers 800% profit after 1 hour! That kind of sites are easy to understand that they are one big fat scammers. But there are administrators of these sites who are too smart and offers realistic daily profit according to Forex trade, stock trade or other profitable trades, but the true is that 99% of them are not any traders, but they count on new investors'es money for paying to your old investors, which is this ponzi scheme and sites don't live for a long time. Ok, we know the fraud scheme, we know the very obvious scam sites with unrealistic returns, but how to make difference between smart scam made sites which offer realistic returns and real investment companies? First of all, if some site offers you more than 3% daily profit in their best plans, it is too risky to put your money there. These 3% are for the biggest investments. For a test investments ($10-50) it is normal to be offered between 0.5-1.5% daily profit on business days. Remember you will have profit only from Monday to Friday, excluding official holidays too, only on trading working days. Another very important (most important for me) is to find very good information about this company you are willing to invest - telephone number, address of their office, names of their team, Registered number of their company and where exactly is registered this company, who is domain info is not so informative, but you can check it too for info of domain creation and expiration. You should know too, that if you want to join some company (not HYIP), you must spread your investments in some programs. For example, if you want to invest $300, do not invest all these money at one place, but invest in 5-6 good companies about 50-60 dollars. It is better that way. My personal advice too is to participate in companies that accept Alertpay! Alertpay is always extra insurance of your money and you have chance for refund! Liberty Reserve doesn't guarantee anything. I met two legal registered companies which offers full guarantee of your money, because of their Stabilization funds (Stabilization funds) in case of some trouble they promise to pay to their investors, but there are nothing 100% sure in this world. Here is the list of real investment companies, which I observe (only observe for now) and if everything goes well I may invest in some of them: https://primarypool.com/ - (Stabilization funds which pays to investors in worst case, no matter what happens) http://alpha-money.com/ - (Emergency Fund, which provides protection from any losses) http://www.wwfd.biz/ http://ameriland.org/ https://www.moneyplus.biz/ http://infinitiva.com/ http://www.panamoney.net/ In addition, I can say that these are mine researched programs without complaints from their customers and you make the choice if that kind of risk is for you. Sorry for the long post, but people should know more about this stuff, so scammer admins will be less. Please, comment and share opinions, I will answer with pleasure.
2 people like this
12 Apr 10
Hey kingsizewe, very infomative post! You posted this a the perfect time, for me atleast. Today is my first time ever that I started to look into HYIP programs. So I was going to post a topic on HYIPs to get some help from some one who already uses these programs and then I see you post and that made my day. :P So to start I would like to invest around 100$ I guess I will invest in 2 programs (50-50) so then I have higher chances of getting some profit. I saw you only mentioned alertpay and liberty reserve. But my problem is that all my money that I would like to invest is in my paypal account, so i was wondering if there is any HYIPs that accept paypal? And do you have any advice for a newbie like me? What programs have you used that have paid?
12 Apr 10
Hello, wuduyathink. PayPal doesn't accept any kind of investment sites, so you should find someone, who will make exchange for you from Paypal to Alertpay. Enter in some exchange forums as http://www.exchangemoneyplace.com/ and find exchanger with good reputation ;) There is option to use exchanger sites for trade paypal-liberty reserve, but I haven't used LR and I can't help you with them. At the time you are looking for exchanger (it won't be fast if you haven't luck) observe top rated sites in some forum. The biggest is talkgold.com. Look for a registered company and etc. what I wrote upper, but even some company looks stable as rock, you should be prepared for the worst. All the best and don't be greedy in these stuff, because greediness of many people made many scamer admins rich ;)
12 Apr 10
Hello kingsizewe thanks for your info in the post, as me too often turn to Hyips and investment programs very often when have some spare cash around.Till now most of the time the profit is 30//70 % in online earning programs.Me too earlier got many times scammed by hyips, investment programs, etc stuff.But now am slowly managing to earn from my investment in some cool sites.Anyways nice work on search hyip, keep it up.Happy mylotting.
12 Apr 10
Hello. I really appreciated your post here, really interesting and informative. But I want say something about this topic. When you invest online, you put the money in a site. No matter if the company is registered, you can register an offshore company for few hundreds dollars. So, from my point of view a registered company offers NO warranties as well as all the other sites in the net. Telephone numbers, as well as phisical addresses can be rent for few bucks too. And the insurance or the reserve funds, are just on the paper. What make the difference is just the kind of scammer. If is a boy, that has just bought an HYIP script for few dollars, then his scam will be a little one too. But if they are professional scammers, they can invest some thousands dollars to provide you all the "evidences" you need to let feel you sure it's a legit company, and get your money. Do you remember what's happened with geniusfunds? It should teach us something.