HYIP Scam Info



             


Friday, December 21, 2007

High Yield Investment Programs - Auto-surfs - and Other Ponzi Scams

Those of us trying to make money on the internet have come across advertisements for auto-surfs and HYIPs on more than on occasion. These ads often make outrageous claims of earning potential. All you need to do is give someone else your money and they will give it back plus 20%-40%. Right? Apparently many people have been getting burned by these high yield investment programs and auto-surfs lately.

High yield investment programs should be called high risk investment programs. As someone who has learned from experience I can say that the chances of receiving even one cash out are very slim. Be sure to realize that all of these programs are games. Games of chance and not of certainty. More often than not you will receive an email containing an explanation of why your money is gone. It is usually due to someone stealing it, the site being hacked, or both. Sometimes the site just disappears out of nowhere.

The promoters and owners of these programs sell other people on the hopes of making thousands of dollars. This is because that person participating in an auto-surf or HYIP makes around 10% of any money that their referral decides to put into the program. I strongly recommend avoiding high yield investment programs and auto-surfs all together. Try finding a legal and proven network marketing program that requires hard work and determination. You will feel better at the end of the day knowing that what you are working towards is legal and honest.

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