HYIP Ponzi Scams

I haven’t posted in awhile. I have been busy elsewhere. I have several blogs and sometimes I miss one.

As some of you know I myself have been an investor, or more like gambler, in several HYIPs. I have since left that world behind and the last HYIP program I am in is showing all the signs of closing down and running with the members’ monies.

I could be making a ton of money just about now with HYIPs without even depositing anymore into one. I had started an HYIP blog and I was starting to get a lot of visitors in a short time, active visitors, who also provided some details on some of the programs I had listed. In one case a visitor of mine confirmed that a registration an HYIP was displaying on their website was a forgery, lifted from a legitimate business’ website and the admin had made some changes to it. This is one of the many things these scamming HYIP admins do.

I am not here to be a big brother to you, I am just telling you that I could be making easy money, although dirty money, had I kept running my HYIP blog. I stopped listing HYIPs in July, 2009. I use that blog now to warn visitors and promote this blog.

HYIPs are good if you are a gambler and can gamble with money you can afford to lose. Otherwise, never trust anything the admins of these HYIPs tell you. They are not there to help you economically, they are there to steal your money.

Another observation of mine, and is the reason why I would never become a troll warning others of these scams on the public HYIP forums, is that I have learned it is easier to promote an HYIP scam than a legitimate business. It seems people want easy money and they will gamble with what they don’t have to try and make that 40% or 50% a month promised by many of these scams.

This is why this blog is not as popular as my HYIP blog was getting in the few months I was talking up HYIPs.

Legitimate companies like Oceanside Network offering a potential 5% to 10% a month (their goals), just doesn’t seem worthwhile to these people.

Affiliate based companies like People String and Green Smoke, also, will not appeal to many of these people. It’s work they don’t care for. They want easy money and what they get in the end is scammed.

~ Free Your Life, Live Your Dreams ~