The abbreviation HYIP hide the notion of a High Yield Investment Program. Are hyips suicidal? While a HYIP may attract you with big profits, you should be careful; many HYIPs are a little more than thinly disguised ponzi schemes. In such a scheme named after Charles Ponzi untypically high short-term profits are promised to attract more people to invest. First comers are paid with the money that the next generation of investors invest in the scheme. Read the rest of this entry »