Wikipedia entry:
A high-yield investment program (HYIP) is a type of Ponzi scheme, which is an investment scam that promises an unsustainably high return on investment by paying previous investors with the money invested by newcomers.
Another, interesting read:
www.quatloos.com/stkscams/hyips.htm
I've gathered a small list that requires each domain to be investigated (dig) to reveal potentially more related domains.
hyipreference.com
hyipexplorer.com
hyip.com
hothyips.com
hyipinvestment.com
hyipmonitor.com
talkgold.com
goldpoll.com
everyhyip.com
stfmonitor.com
financegroupinvestment.com
htcmoney.com
IronCondorSpread.com
hyipbanker.com
10PercentPerMonth.com
hyipranks.com
hyipbeings.com
iehyip.com
hyipnews.com
maxhyip.com
ridingtheponzi.com
hyiprogram.com
thehyipforum.com
thereliableinfo.com
vitalfund.com
hyip-book.com
perpetuityincome.com
CristinasOnlineCash.com
geInterestPlus.com
ajhyip.com
allworldhyip.com
dreamteammoney.com
hannesjohnson.biz
PassiveProfitsMadeEasy.com
There's more...
Anyone care to help dig and sort through these?
Bernie Madoff?
Sat Oct 31 22:45:50 2009 — BobJam"promises an unsustainably high return on investment by paying previous investors with the money invested by newcomers."
Wasn't that Bernie Madoff's MO?
similar I suppose - pyramid scheme
Sun Nov 1 01:32:22 2009 — g7wSaturday, October 31st 2009, 4:00 AM
10:16 PM on 26th October 2009
Notice the dates...
The death notice is made on 26OCT and speaks of the weekend — either the 24th or the 25th.
The top article, written 5 days after the second mentions that this [dead] person is to appear in court on Tuesday (03 Nov 2009)
Just goes to show you that not everything you read or hear/see in/on the "news" is factual; certainly not professional in terms of investigation.
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