Have you invested money in HYIPs ?

  1. theboxmeister profile image60
    theboxmeisterposted 7 years ago

    Have you invested money in HYIPs ?

    HYIPs are high yeld investment programs that pays interest on daily basis.

  2. Rhonda Waits profile image80
    Rhonda Waitsposted 7 years ago

    No i know they are most likely scams. Most HYIPs are scams.

  3. fxdaddy profile image60
    fxdaddyposted 7 years ago

    Yes, they are almost always pyramid schemes.  The high interest is paid to the existing investors by the money from new investors.  When the HYIP runs out of new investors, they fold up shop.