Earlier today, I did a post on Nospetco and other so-called “wonder banks”. This evening, I visited Nairaland (a forum targetted at Nigerians) and came by this thread titled: “Hyip Scheme Horror Stories: ‘Investor’ Beware“. This thread was opened by the forum admin Seun Osewa, and started with the text: Hello, If you have lost a lot [...]
Continue reading...Sunday, December 17, 2006
It has always been a matter of debate, especially amongst e-currency newbies, as to whether HYIPs are scams or not. According to Wikipedia: A High Yield Investment Program, or HYIP, is a purported investment program normally offered via the Internet. HYIPs typically accept investments of $500 or less while promising high returns. No HYIP has, as yet, survived [...]
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Wednesday, August 1, 2007
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