HYIFund: Legit or scam?

@nvtellan (1907)
Philippines
December 10, 2009 11:47pm CST
Hello. I hope this time my topic won't get deleted. *grumbles* Anyway, have you heard of HYIFund? Its a website where they will give you an initial FREE $2.50 as an investment and everyday it will grow in interest. My friends are inviting me to join this HYIP program but I am not sure if this is a legitimate program or a scam? Any feedbacks please?
17 responses
@babshish (1387)
• India
11 Dec 09
Hi I have joined this site couple of days back and also fond the positive reviews about the same. This site is being paying its members since long time and I don't feel that there is any rist involved in joining this site as just for joining it is giving its members $2.5 for free investment. So if you calculate within a month you can get somewhere around $1 as intrest and for withdrawing you need to deposit $1, so a risk of $1 can be taken to check ourselves about the legitness of the site and if this comes to be true than this will be a really passive income by doing nothing. And then depending on future we can invest more if we are satisfied.
@nvtellan (1907)
• Philippines
19 Jan 10
Ah. so I need to invest at least $1 in order to withdraw my investments and interests. Sad thing tho that I only have $0.30 in my Liberty Reserve account. Thanks for the response.
@babshish (1387)
• India
19 Jan 10
Well, they have started accepting via Alertpay as well now, and if you want I can share few sites which pays in LR as well as Alertpay as well.
• Philippines
4 Feb 10
No need to worry about that nvtellan, even if you have not deposited any amountto your account you will still be earning interest from HYIfund. That's the good thing about this site. Just watch your money grow slowly and when you already have $1 then that's the time you can deposit it. By $2.50 sole investment alone you will earn $0.03 daily interest. I suggest do not compound interest so that it will be placed in your available cash balance. This is where you can withdraw your earnings, not the investment balance.
@swogden (39)
• United States
17 Apr 10
I signed up for the HI Fund and have questions about the fees charged by AlertPay on deposits to HI and withdrawals from HI. When I asked HI, they said the minimum deposit into the HI fund from AlertPay is $5 because of the high fees charged -- but HI does not levy a fee against the member. To me that means if I sign up to deposit $5, my investment account will increase by $5. Do those of you who use AlertPay agree that that is what happens on deposits? On withdrawals, HI said that I pay the AlertPay fees, but they couldn't/wouldn't say what the fees were. When I checked with AlertPay, the only info I could get was that the fees depended on whether the transaction is viewed as a "withdrawal" from HI ( withfees in the range of $4 per transaction) or as a "send funds" (where fees could be zero or a percentage of the amt sent + a modest flat charge). HI said the transfer out would be treated as a "withdrawal", but I'm not sure they were quoting AlertPay terminology or referring to their own processing verbage. For those of you who are using AlertPay and have withdrawn funds from HI, what fees have you been charged by AlertPay on the money you received?
• United States
22 Apr 10
kingsizewe: saw you latest 2 payment proofs. Glad to see they were at $1.00. Were there any AlertPay fees against those amounts? (If not, then the HYI withdrawal is treated as a send funds transaction not a high cost Alert Pay withdrawal.) When you came into HYI, did they have $5.00 minimum deposit requirement or were you able to come in for just a buck? From your comments, I guessing you've been in HYI for several years.
@heroshen (146)
• Reunion
28 Apr 10
Well is a scam, sadly all good thing only last for few months.
• Bulgaria
18 Apr 10
I have 600% profit from this great site. I hope It can stay for another 5 years! You can see payment proofs in my blog. Happy mylotting
@pratheep87 (1227)
• India
26 Mar 10
I have got paid from them before 2 days back. I think hyifund is really working and hope will work fine in future
• Philippines
23 Apr 10
income depends on daily interest rates, ranging between 0.5% and 3%
• Pakistan
11 Apr 10
Can anyone tell me that how can I increase my earning on hyifund.com Does it increases by investing more than how much it will increase by how much investing on it?
• Pakistan
11 Apr 10
Can anyone tell me that how can I increase my earning on hyifund.com Does it increases by investing more than how much it will increase by how much investing on it?
• India
2 Mar 10
It is a legit HYIP. Few days back they were under DDoS attack and was offline. that gave a chance for the rumour mongers to spread the news that it is a scam. but now when I checked it, the site is working. I am able to login and make changes. The chances of a HYIP going bust is very high. so my suggestion is to put money where you feel that it is genuine. No Recommendations from me.
@nvtellan (1907)
• Philippines
5 Mar 10
Yeah, I saw that too when they went offline. I was kinda worried that my time and effort spent on this HYIP was gone to waste. Good thing they got back up. Btw, anybody know a way to transfer Paypal money to Alertpay? Since I have some money on Paypal then perhaps I can use this to fund my Alertpay and will invest that needed $1 to HYIFund.
• India
8 Mar 10
to transfer funds from PP to AP you need to use the services of an exchanger. but i am not too sure about how trustworthy these exchangers are. so far i have not used their services.
• United States
13 Mar 10
I dont think you need an exchanger just if you have your bank acc linked to both just send the money from your paypal acc to your bank and then retrieve from alert pay or whatever you want to transfer from exchangers you have to pay a fee percent + cost of charges and paypal fees but if you do it from your bank acc to your e-currency you will not pay a dime I hope this helps
@cutebird (49)
25 Feb 10
Hi I just got paid by Hyifund in my alertpay account. Payment was made just within one hour of my request. I also got 5% of my referrals investment. I was not expecting to get the payment so soon but fortunately i got it. So i gurantee u that hyifund is legit. Im not sure whether I can put the payment proof here or not. If u can tell me, i'll post the payment proof here. Im happy to get paid by hyifund. Its legit. I invested through libertyreserve and alertpay. Best of luck
@nvtellan (1907)
• Philippines
26 Feb 10
Glad to hear the good news, cutebird! I HYIFund will continue to be a paying site. Congrats!
@tluanga (767)
• India
27 Feb 10
cutebird can you tell me how much you invest over there.
• Philippines
2 Mar 10
For the past few days this site is down but it's back now. I have made my second withdrawal a few minutes ago and received it instantly.
• Canada
14 Mar 10
Wait, So if it's compound interest, all the money (including the interest received) goes to the Invest balance? Then how can we withdraw money?
@nvtellan (1907)
• Philippines
18 Mar 10
I already selected (No) on the options but when I tried it now, it says that I still need to deposit at least $1. Currently, I now have these stats at HYIFUND: Investment Balance: $6.31 Available Cash Balance: $1.40 Total Pending Withdrawals: $0.00 Total Interest Earned To Date: $4.91
@nvtellan (1907)
• Philippines
30 Apr 10
I have yet to withdraw any money from HYIFund. Eventhough I have the latest stats above, still the system prompts me to deposit $1 first before I can make any withdrawal. :( Tho, I have invested $0.30 already... since this is the only money I have at my Alertpay account.
• India
30 Apr 10
99% of all these hyip sites are scams. infact there is hardly any site which has a happing ending ...sooner or later they will disappear with your money. if you want to earn form these sites you should know when to enter and when to exit this sites.
@nvtellan (1907)
• Philippines
8 Sep 10
Yes. I always keep this in mind everytime I join a HYIP site. Do not get greedy when it comes to investing and always invest the money that I can afford to lose (if ever the site goes out and running).
@lizardgod (443)
• United States
10 Jan 10
I just signed up for this site not to long ago but I had an idea when I did. I am willing to risk a buck for this and can't seem to find anybody saying for sure if it is legit or a scam so what I did was invest the buck from day one. The reason I will find out faster if it is legit or not. If you are going to test it yourself then do this and here is why. 2.50 starting investment .5% daily interest (lowest they say you will get) .0125 cents per day 80 days to get $1 in interest from investment. If you invest on day 1. 3.50 starting .5% daily interest .0175 cents per day 60 days to reach $1.05 in interest from investment At the bare minimum you will find out for yourself 20 days faster assuming lowest interest per day. Right now looking at the history they are paying over double that interest. I suggest only doing this if you aren't willing to wait on some one else to test it for yourself.
@nvtellan (1907)
• Philippines
19 Jan 10
I wanted to try it out and invest a dollar but it seems I am running short on money on my Liberty Reserve account. According to my other sources, this program has been paying them since last year so I guess it is still a legit site. Thanks for the response.
@nvtellan (1907)
• Philippines
19 May 10
Yeah, $1 is a small amount I am willing to risk. However, I am still short of funds for this $1. :( I still have my trust in HYIFund since more and more people are giving it good reps and feedbacks. :)
@webzap (884)
• Philippines
6 May 10
if you worry about your $1 from your pocket and doesn't want to risk it and makes you too much headache and nightmare in the future, you won't be earning anything, so forget about it, friend. $1 is just the cost of a cup of coffee, so what's the big deal?
@swogden (39)
• United States
4 Jun 10
I consider myself fortunate that I wasn't able to make an investment to this HYIF. Their explanation that they had fraudulent deposits from AlertPay -- which causes financial problems to HYIF -- just doesn't ring true. All deposits go into a members investment fund which is not available to be withdrawn. If the money actually came in, how could it be "fraudulent". How could the deposits be withdrawn? More likely, the members to made the deposits figured out that they needed to accumulate interest and request withdrawals of interest on a timely basis in order to break even --- and AlertPay allows transfer of modest funds with zero or minimal transaction charges. So HYIF realized that members would be able to withdraw a sum of money EQUAL to their original deposit in about 3 months and then every interest payment thereafter would be pure profit. HYIF could not afford to have all of its members withdraw interest on an ongoing basis without resulting in serious financial disaster. I consider HYIFund to be a scam.
@swogden (39)
• United States
4 May 10
The gods may be looking out for me. Last week I tried to make an investment into HYIFund via AlertPay and during the process, a message came back: "Account Suspended". Thought they meant my AlertPay account was suspended, but when I checked with AlertPay, it turns out that the HYIFunds AlertPay account is SUSPENDED. Not sure if this is temporary, but at the moment money cannot go into or outof HYIFunds via AlertPay. Has anyone received a payment via AlertPay in the last 24 hours? Please post when/if you receive money via AlertPay on May 1 or later. Thanks.
@nvtellan (1907)
• Philippines
19 May 10
Good thing you haven't invested yet on HYifund as it turned out to be a scam now. I invested $0.30 in the past and never got anything from the site. :(
@Trykro (241)
• Romania
21 Mar 10
I've also been paid by HYIFund to Alertpay. For me it seems to be good untill now. I hope they'll keep up the good work.
@jamed28 (1903)
• Philippines
19 May 10
I just got an email from HYIFUND, they reset all the investment from their site and eliminate the $2.50 sign-up bonus. It's too prostrating because I'd been saving my money there and it turns everything to zero. Their reason is that there are too many members abusing the sign-up bonus. But why did they delete my investment.
@nvtellan (1907)
• Philippines
19 May 10
HYIFund's reason isn't good enough. Why did they offer the sign-up bonus in the first place if they can't afford to give it to all members without restriction. Isn't it supposed to be in their control to limit the sign-up bonus let's say for the first 1,000 or so members only? And yes, even if they have reset each member's account into zero, they should have retained the member's investment, right? What, they don't have any records of each member's actual investment - investment straight out of the member's pocket? This just made HYIFund's account management from bad to WORST.
• India
13 Aug 10
i think it is not scam..
@nvtellan (1907)
• Philippines
8 Sep 10
I think it is a scam. Please read the earlier posts.
• Thailand
31 Aug 10
Is it a good site to invest in, friend? i also hear about that but i don't know it very much!
@nvtellan (1907)
• Philippines
8 Sep 10
I will never trust this site again after we got scammed by it.
• India
16 Feb 10
yea it is good paying site . it is not a scam. daily payment.
21 Mar 10
hyifund is a legit and good site to earn money from your investment. you can deposit one dollar to withdrew money from your account. It is true that they will give you a signup bonus. It is very attractive. So friends make a deposit to get the all features of this site.
@coopher (12)
• Philippines
27 Feb 10
hello, i can guarantee that hyifund is a legit site, so far i earned 4 dollar just this year alone, go ahead and invest 1 dollar so you can recover it in no time. best of luck :)