Are all HYIP scams?

[25baY]

Hi! :) I'm a newbie at this sorta stuff. A friend of mine is really into HYIPs. I don't know anything about these so called "High Yield Investment Programs." My friend is trying to get me into it, but they all sound too good to be true. Should I be worried about my friend? Anyone heard of International Trade (I.T.)? You can get something like 2.5 times the money you put in. Is that possible? I've never heard of that much.

:confused: 25baY :confused:

[surfer]

Short answer is yes.

The experienced players in these money games
know how to find them early, get their seed money
out as fast as possible and ride it out until they
fail as they always do.

As far as IT goes, I believe this thread (http://www.matrixwatch.org/forums/showthread.php?t=1948) is about IT.
There's too many of these scams out there for me
to keep up
with.

[ycchen]

I agree with surfer. Only experienced early birds, insiders and owners make huge profit out of these pyramid/ponzi scams.

I.T. is a ponzi/pyramid scam, no doubt.

[cangiz]

This site has been around since 2003, and I've been paid many times:

referral images are not allowed

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Referral links are not allowed

Good Luck!

[Arzel]

Cangiz,

You are not allowed to post referral images or links within posts, additionally spaming the forum with the same referral information is not allowed. Your other identical thread has been deleted.

On a futher note, why do you think your little ponzi scheme is better than any other scheme?

[sisco50]

This one may come under the heading of this thread. It has been around for three (3) whole days now and is already in profit according to their homepage and the spam email I received this morning. They call themselves offshore-hyip.com and reek of scam.

Started Jan 7, 2006
Running Days 3
Accounts Total 74
Active Accounts 30
VIP Accounts 0
Deposited Total $1,328.10
Deposited Today $135.00
Withdrawn Total $163.80
Visitors Online 9

Anyone want to comment on the daily returns? If you thought 2% per day was outlandish, you'll love 25 to 29% per day.

[Gringo]

All HYIPs that you see on the internet are scams. Look, if a person or company indeed has a way to churn out high returns with low risk, they don't need your $20. They would be able to multiply their own income very fast and have no need to go through the effort of setting up a payment system and website to receive your investment. Worst case, they would just max out their own credit cards, and get money from their friends and family in order to raise capital for their investing.

[littleroundman]

From the Internationally known Attorney at Law, Robert Townsend, specialist in Private securities trading:

Do High Yield Investment Programs (HYIP's) exist? Absolutely. Look at all the hours that are spent on them everyday around the world. The problem is that they are all fraudulent. On the other hand, if they are all fraudulent, it is just as true to say that HYIP's do NOT exist as all are-fraudulent. I have said it both ways, and both are correct.

and:

Small Investment HYIP’s. These are transactions where the investment is under $10 million (and sometimes as low as $1 dollar), and the fraudsters promise a return of, for example, 1.5% per day or similar return. These are ALL Ponzi Schemes. And they all pay! Yes! They ALL pay. But they only pay in order to get others to invest, because that is one of the key elements of a Ponzi Scheme. You cannot have a Ponzi Scheme without paying some of the investors to make a track record that can be used to solicit other investors. However, in the end the Ponzi Scheme will fail and investors will lose their money.

[sisco50]

Yes. No debate there. Of the hundreds of spam emails I receive on a regular basis, I thought this one was the funniest I 've seen in a very long time. :)

[kennethtan]

HYIP means High Yield Investment Program. It is a program that earns more profit than traditional investments (banks). On the internet, you can find a lot of information and descriptions about different kind of HYIPs and history of it. Technically HYIPs generate their income from different ways. These include forex (money currency trading), stock market trading, hedge funds, real estate trading, purchasing and reselling liquidated/surplus assets, arbitrage betting (for ex. guessing horse racing results), selling computer software, and many other methods.

[Webwatch]

To be on the safe side everytime anyone mention's HYIP think SCAM before proceeding.

Or if you really want to be parted from your hard earned cash a road trip to Vegas may be more fun and possibly more chance of making some money.

[Believer]

if you really want to be parted from your hard earned cash a road trip to Vegas may be more fun and possibly more chance of making some money.

You could come visit me, we have two casino's just 13 miles away from where I live. Choctaw, MS ... Just north of Meridian, MS about 35 miles. I play Baccarat and over the past 12 years have devised a very good strategy.

I have a link to playing Baccarat and it's SUPER, and I mean super. I'm not going to post it because I've gotten enough bashing around this forum for proposing to open a plan ... just proposing to, that's all.

Clayton

[Webwatch]

Yep please don't post the baccarat link as I've seen the site already, and I think I can get the information for free elsewhere.

[Believer]

Yep please don't post the baccarat link as I've seen the site already, and I think I can get the information for free elsewhere.

Now see webwatch, I knew better for once now didn't I?

It's my own strategy that I developed over the past 12 years and isn't found elsewhere on the net. I pass out my cards at the casino's just 13 miles away and am getting plenty of clients.

Clayton

[Webwatch]

Apologies Believer, I thought it was one of those generic betting systems that are available elsewhere.

Feel free to start a thread in the general discussion area as online gambling is very popular and we are going off topic a bit.