The abbreviation HYIP hide the notion of a High Yield Investment Program. Are hyips helpful? It is easy to get carried away by high incomes, but you should beware; a number of those opportunities are ponzi schemes or machinations. A ponzi scheme is a fraudulent enterprise where investors are enticed to invest in a risky scheme by promises of very high returns on the investment. Early investors are paid with the money that later investors invest in the scheme. Read the rest of this entry »