A hyip forex investment fund that promises very high returns within a short span of time can be called a Ponzi scheme. Named on Charles Ponzi, it is a process where funds from new members are used for paying existing investors. HYIP stands for High Yield Investment Program. A program which pay very high profit in a very short time. Example – 105% after 1 day. Which means if someone invest $100 in a HYIP then he will get $105 returned after 1 day. Visit our who to contact page if you have encountered any forex HYIPs and wish to report it. Don’t trust the hidden secret in the HYIP program. In the forex HYIP program, the fraudster will usually claim knowledge of some kind of secret formula which allows him to register very high profits on a consistent basis. The most detailed and unbiased HYIP reviews from experts! Here you will find detailed HYIP reviews with all the Pros and Cons of the projects, real-time HYIP monitoring, daily updated payment proofs, investors' feedbacks, HYIP industry breaking news, the latest scams, as well as a lot of other useful information on HYIP investing. HYIP is High Yield Investment Program It definition approaches all investments which with return in percent more than 5-9 % a year. While a HYIP may sound enticing, many SCAM HYIPs are disguised for Ponzis schemes or outright scams. Investors not only are never paid any interest, they also never paid their original investment in the HYIP.
Forex Trading Scams to Avoid: Forex Ponzi and HYIP Schemes
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