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[bluesea46]

Originally Posted by MasterTech

Yet another good, fair warning to anyone who may be considering investing in an HYIP or Autosurf. I would, however, disagree with the "99%" figure: 100% of HYIPs and autosurfs are Ponzi scams! I, personally, have been researching these con games for months in parallel with the most infamous promoter of all, Money News Online. This site supposedly "reviews" HYIPs and autosurfs on a daily basis. On a DAILY BASIS?! YES! I think that his site ought to be called review of the latest "scam-du-jour"! In my opinion, the site admin. is probably the "ring leader" of a global network of Ponzi scammers who create hundreds, if not thousands, of new, prefabricated HYIP and autosurf sites every day using variations of readily available (and relatively inexpensive) HYIP and autosurf templates from outfits like Goldcoders scripts, etc. It's pretty transparent to me that he makes his money from advertising and endorsements of the HYIPs and autosurfs that he supposedly reviews thereby avoiding having to invest any real hard-EARNED money of his own, not to mention all of those lovely "referral bonuses". It just angers me that he seems to feel absolutely no remorse for promoting such obvious scams; nay, he feels that he is actually doing potential investors a SERVICE by providing "honest" impressions of newly introduced "programs" (scams). Of course he rationalizes his fraud promotions by saying that everybody KNOWS that HYIPs and autosurfs are Ponzi schemes, and that one shouldn't invest any more than one can afford to lose!

This was the site I thought about as genuine one first time I saw it. I've thought at first glance how professional he was. After losing my money I decided to take a closer look and gone through all the archives. I don't know about his involvement in creating a network of HYIP sites, but yes, I think as well that he’s 100% aware what is he doing and feel no remorse about that.

If any new HYIP scammer would like to attract new members rapidly, all he needs to do is submit his new program for review at MNO. Then take an “interview”, and that’s all. For every new HYIP program there will be few hundred of newbies as affiliates, meaning profit for both HYIP program and MNO monitor site.

The fact that he uses particular lingo for making reviews is very misleading for anybody inexperienced and new to this games. You actually get a feel that all this scam is legitimate business and it doesn’t take much time for you to become an “investor”. He even put real “whois” data for the site. Question is though, is he doing any criminal activities, cause he openly writes here and there about real nature of HYIP games. Very sophisticated, indeed. And with no remorse for you or me or anybody else. Money is all he cares about.

[berolina]

Agree, great article - once you read such article, it becomes obvious, that such "investments" are just to good to be true and a typical investor in such schemes is just ignorant of true market mechanics, which are not enabling such profits ...
thanks for posting!

[Sheryl Anne]

Great advice Msgt ! I lost 7.2k in Mutual Forex Fund. com. Their site has just disappeared. Your advice rings clear and true, I think it is time to trade Forex on my own, but first, I need to learn how, this is why I am here. Thank you so much for your post !

Sheryl Anne

[vans22]

Yet again Thank you Pharaoh for this advise / warning that you posted here.
This will be beneficial for me and for every newbie like me.

[cardy]

I have been researching and investing in those programme where they share the intirest on basis of their daily profit.Those companies were doing fine not only that its really possible with those company to share the profit for their investor on daily basis.They even support via phone or live chat.Of course their profit sharing may not be to hight but monthly profit sharing is always more than 30 - 40 %.Its enough.....

[Pharaoh]

You can get a savings account at some banks that gives you interest paid daily. Daily payment is just a minor caution flag. Daily payment of crazy interest rates that are far above and beyond rational levels is an almost certain sign of a scam.

Any super-high return investment is either risky, as scam, or both. If you don't believe me, look through the FPA's Blacklisted folder. There are a number of Ponzi schemes and HYIPs there. All of them lured people in with big promises. Some even paid a lot of money for awhile. A couple had defenders here in the FPA's forums. None of those defenders ever posted again after the authorities shut down the scams.

[e.merchant]

Hello to everyone, this is my first time in FPA forum. Nice to see many good people here. Thanks Pharaoh for your advice this thread is good information for newbie like me. I will stay away from HYIP site.

[jtfx]

You dont win with PONZIs!

You can however play the game available at FACEBOOK.

This game will waste your time though....

[amirulamar]

Hello FPA
I'm involve in this HYIP or online investment almost 3 years ago..
I lost lot of my money to scam,
But in a time a found 3 online investment program which still make profit to me
now I'm glad that I'm join in this battlefields
all my lost money are return back to me and now I can quit my job at any time if I wish!!!.
Thanks to the HYIP program ( which really HYIP).

[Pharaoh]

I see from your other posts here at the FPA that you've been ripped off by at least 2 HYIPS already. There is no free source of money in the investment world. If you are getting money from other HYIPS, that's because they haven't shut down and stolen all the money yet. By placing money with "currently paying" HYIPs, you are helping those criminals keep their scams running so that they can lure more victims in.

If you have money with one, pull it out immediately. At least that way you might exit with profit an won't be helping them steal from others.