How Can One Detect a High Yield Investment Program Scam?

@ru88en (2997)
Philippines
December 16, 2006 3:47pm CST
Many high yield investment programs are scam. They comes on many forms like auto-surfing, paid surveys, pay to read emails and a lot more. Many of us dream of having an online income and many are get scam. I was a victim before by 12dailypro and I lost a huge amount from my own pocket. I learn my lesson from this experience but until now, I can't really detect a truly from a scam program. So, how can we protect ourselves from getting scam? How can we detect a high yield investment program? How to we manage the risk of joining high yield investment program?
4 people like this
39 responses
@gscs1838 (1536)
• Malaysia
16 Dec 06
hyip's are mostly scams but not all. from a ratio of 1-10 i say 9.5 would fall under scam. and the .5 is actually real but its very rare. here's a few ways to spot scams: 1.look at how much interest rate they will be offering you. 2.do they disclose their contact information, phone #. 3.the name of their hyip, for example, if the company is called youwillgive10percentdaily.com, what does that usually tell you...........scam of course! 4.watch out for fraudsters trying to trick you into the real thing, i've seen an hyip going by the name of citibank before, they were reported and had a lawsuit up their butts and of course setenced to jail time.
@ru88en (2997)
• Philippines
16 Dec 06
If 9.5 out of 10 are scam then why can't the government make it harder for them to start a scam business? If the government will only have some security measures like fund guarantee before such type of business can operate, many they will be less in numbers. What can you say about this?
• Philippines
17 Dec 06
That's the problem. The government cannot make a move on them because their businesses and websites are registered to another country, like Ukraine or Russian Federation or Estonia. They may warn investors but they can never really jail them since they can hide in the country's laws :( If you really have to invest, check out monitoring sites such as www.rankhyips.com or www.hyips.com Happy surfing ;)
1 person likes this
@ru88en (2997)
• Philippines
17 Dec 06
Thanks for the link on hyip monitoring site. All the best for you.
@deadsoul1 (714)
• India
16 Dec 06
Well one can not tell the hyip scam at the first glance.But you must be carefull about their offer. If they offer high rate then it is sure they will not last long.Similarly check the status of site on monitors.
@ru88en (2997)
• Philippines
16 Dec 06
Yes, we should be careful. It sad, they got many victims and is going to have many more victims. How can we educate our people, loveones and friends, for them not to get scam?
@ru88en (2997)
• Philippines
17 Dec 06
Yes, that's right.
• India
17 Dec 06
Yes its very common in most of hyips that only monitors getting paid.And all the investors wait fot thier turns.Well it is also the thing that some hyips show false proofs of payments to the investors(i am victim in many cases.
• India
17 Dec 06
it hard to detect such kind of scams.only if you know a person who has invested and got high returns should one start investingbut it has to be a calculated risk and some luck factor regarding investment too.
1 person likes this
@ru88en (2997)
• Philippines
17 Dec 06
That's right. But even if someone got paid, it is still not an assurance because at anytime hyip will stop anytime they want.
@jcvelina (1256)
• Philippines
17 Dec 06
almost all of HYIPs are scams. if an investment scheme offers interest rates higher than banks you would know its a scam. you would also have to ask yourselves how on earth can a business with such large profits bother to lure small investors? i have tried a few HYIPs and i made some profit but i got out as soon as i made my target profit. by doing this you can save yourself a big headache in the future. also i only reinvest the same amount of principal and not the whole profit. i made a few bucks with those HYIPs that offer 900% daily. on those HYIPs i usually put a spend of $3 maximum and get out after 5 days.
1 person likes this
@ru88en (2997)
• Philippines
17 Dec 06
You got a very clever strategy. Good luck.
@artguy (1476)
• United States
17 Dec 06
I think you most assume that all HYIPs are scams. they come and go just like that. I did them for a while and I made money and lost money (I lost more then I made). I was in a couple that I trusted very well then something happenend and they had to close down owing me money. I thnk the best way to make money from HYIPs is to get in and get out quick. What I did for awhile was join the ones that were obvious scams, that paid automatically, that paid anywhere from 150% to 200% in one or two days and that had not been up for more then a day or two. I had some luck doing that just hitting them one time and out. But, then they started only lasting a day specially if they got a $1000 or more in that day and I started losing more. I have stopped doing HYIPs, but still beleive you can make money with them with the right strategy.
@emarie (5451)
• United States
17 Dec 06
i probably lost a good amount of money of scams. stuff like paid survey and email things...basiclly you have to pay...its not worth it. because i did pay for one thing, and it just gave me link to other FREE sites that i was already a member of. now that was a total rip off. basiclly to protect yourself is to be educated about the scam itself, and do reaserch on any company you decide to invest in. a good way is to check the Rip-Off Report, its a website where people submit their complaints and problems about business and companies. not all of them are scams, it would help you decide. also check with the BBB to see if any complaints have been files against them.
1 person likes this
• India
17 Dec 06
well there is no real formula for detecting a good one..normally refer to hyip monitors and autosurf monitors..rememeber this rule 1.there are some company which wouldn't pay u even once 2.there r some which pay in the beginning for a couple of months 3.the rarest of all. the ones which keep paying.. of course if we knew many companies in the third category then this discussion wouldn't have been there...i can suggest one to you though(if you already aren't a part of it) which is http://12by12daily.net/?ref=39006 now coming to category 1 and 2.. for these refer to hyip monitors and autosurf monitors..normally a company just started a few days back and having made a few payouts would be a safe bet..when referring to hyips which have been paying always keep an eye on the section showing total invested vs total paid..the moment the total paid out starts reaching 60% of total investment made till date..it's time to pack your bags... another thing which one of my friends suggested few days back..invest in many hyips at once..even if 50 % pay you ..there will be a profit...but that is a risk which may want to consider first..
1 person likes this
@SirPyan (430)
• Malaysia
17 Dec 06
I wanna share a useful tips on investigating whether the program is a scam or not, especially the HYIPs. I hope this info could be useful. Whenever you see a new program, try these steps. This is to detect any "fake" investor the admin create to cheat other members. 1. First, check the website if you can see any tables containing info about members ranking, such as "Top ten investor" or "highest investor", anything like that. Usually, it will show the investor name or id in it. Lets say here, the highest investor is "abcde" 2. Next, you need to find the referal link for the program. Example: http://www.scamhyip.com/?ref=abcde. So here you put the referal link of that investor as the referer, "abcde". 3. Then we just register under "abcde". After that investigate the members page, check if we can contact "abcde" using email or such. From this step we can detect whether "abcde" really exist or not. We can try email the "fake" investor itself. Usually, these "fake" investor don't have any emails, or when we try to send them any we would get error messages. If there's fake investor, the program would surely a scam. I hope that would help.
1 person likes this
@moreinfo (3866)
• China
17 Dec 06
you could search some of my discussions here. Have your joined global online depository, legisi?
@isha900 (1459)
• India
17 Dec 06
u should search some knowledge
@phenom69 (24)
• United States
17 Dec 06
me - my friend
Hi. Im from Illinois, would you like to be my friend?
@ru88en (2997)
• Philippines
17 Dec 06
I already send a friend request on you. Yes, we can be friends. I hope to hear from you more... Wish all the best for you.
@treblem (316)
• Philippines
17 Dec 06
all hyip's are scam. don't waste your money there.
@ru88en (2997)
• Philippines
17 Dec 06
Ok. thats a very conservative remark but that's the safest thing to do.
@zeus1a (1048)
• Netherlands
16 Dec 06
Well you know money does not come for free.Use simple sense.
@ru88en (2997)
• Philippines
17 Dec 06
Money does not come for free is the very reason why people get scam because they put their own people. And can you elaborate more of what do you mean by ... use simple sense?
@ryanphil01 (4185)
• Philippines
21 Mar 07
you see, i just started homebased/online programs. have enrolled in few ones, those which do not ask for financial obligations. i am afraid to join any programs on the net that would require me to pay something like joining/enrollment fees. i only join those which are free like myLot and AGLOCO. hence, i am inviting you to view my blog at www.wftorre07.blogspot.com
• India
23 Feb 07
http://hyip-monitor.110mb.com this monitoring site has a tutorial on how to identify scammers
@idrob2006 (317)
• Indonesia
19 Dec 06
There is no way that you can really 100% detect a scam HYIP or not. BUT there is a general rule which always apply, which is always invest the amount that you can afford to lose!!
• Indonesia
19 Dec 06
my 'senpai' said that I should NOT follow HYIP program. 95% is SCAM site. I was know some HYIP monitor site. But some times it doesn;t work well too So I decide not to follow that tpe of investment ^^
@vikceo (1301)
• India
18 Dec 06
yes that is quite important to do. for this you should move to the net and read about the company which is offering all this. if that company have a stock market hsitroy do check that do. and another last point is to consult it with a experienced investor too.
@blanksolid (1632)
• Spain
17 Dec 06
You should visit hyip monitors to see if that hyip still paying or its scam, is the best way in order to detect if a high yield investment is scam, have a great day on mylot!
@guess_who (252)
• Romania
17 Dec 06
Just look on forums about it
@emmet18 (1116)
• Romania
17 Dec 06
hyip - hyip
I have a method that brings me a lot of money, ti'll now: I receve by e-mail some adress with new HYIP that have only 1 day of activite, I put some money, and next day I witdraw them, I s not a big chance that a program like thise fall from the first day.