The letters HYIP hide such a thing as a High Yield Investment Program. Are hyips any good? While a HYIP might attract you with big profits, do not rush to invest; a lot of HYIPs are just disguised ponzi schemes. A ponzi scheme is a fraudulent enterprise where investors are tempted to invest in a risky scheme by obligations of huge profits on the investment. The payoffs are made not from the profits, but from the cash newcomers bring into the scheme. Read the rest of this entry »