Another element received compensation
prevalent to many HYIP's for the referrals you
is that of referral made, resulting in
programs. It means that others loosing money.
you earn a commission Therefore, it is even
based on the number of possible that you could
participants/investors face a criminal charge
that you refer, and/or in your home country if
the amount of investment the matter were pursued.
that they actually place So it is our experience
into the HYIP. Some that the majority of
other referral programs HYIP failures or
only pay a fixed fee, outright frauds are the
usually between $5 and small HYIP's that also
$25 per person referred. offer a generous
Another thing to referral program.
remember about referral
programs is that you For those investors who
will tend to recruit do not want to invest
family and friends, so their own money, or do
if the program shuts not have the resources
down for whatever reason to do so, they can offer
and they lose all or the program to others
part of their for a referral fee, thus
investment, you are not they can still make
going to be a very money, whilst not
popular person. Your risking any of their own
actions may also have cash. It is
been illegal as you
very easy for them to payouts to investors
lie about their over a period of time.
participation in the
program, when they do Most ponzi or pyramid
not know you. That is schemes will operate in
why the swindlers like this manner and you may
to use referral even find that they will
programs, because they make some payouts before
need to get as many closing down the
small investors as program. In most cases,
possible into their these payouts will be
program as quickly as made at the expense of
possible. other investors, and not
The reason they need to from legitimate profits.
attract individuals You should also keep in
quickly into the program your mind that contrary
is that they do not want to popular belief; ponzi
to make numerous payouts or pyramid schemes can
to investors before they operate for some time
have accumulated enough before shutting down,
funds prior to closing due to the
down the program. This self-perpetuating nature
is essentially a way of of the scheme.
network marketing the Memberships always tend
program at very little to accelerate early on
cost, a lot less and only seem to slow
expensive in fact than down once the
making legitimate
scheme becomes more website needs to
established, so the con incorporate a backend
artists have a database in order to
continuing source of cope with all the data,
funds from which to make and produce the required
payouts, giving the information. Remember
illusion of legitimacy. that most HYIP's have
membership figures in
the thousands. There
Another reason that have been many HYIP's,
referral programs are a some of which probably
bad sign for the HYIP started life as
investor is that they legitimate high yield
are a logistic programs that crashed
nightmare. It is hard and burned due to
enough for a HYIP inadequate design and
program administrator to database implementation,
process a large number as well as reliability.
of regular payouts to Once a system fails, it
investors, without the will cause other
added headache of having problems for the program
to calculate and payout administrators, usually
a vast number of resulting in failure to
referral fees in varying pay out returns to
amounts. That is why a investors on a regular
professional HYIP basis.
There must be certain You will find sections
rules that you will have in this e-book that deal
to follow if you are not specifically with the
going to be caught out due diligence aspect of
by the swindlers. We assessing a program, as
would rather miss a good well as general
program than loose our selection criteria.
money in a bad one, and
after all there are
sound programs out there
to choose from.
You should always take
your time assessing the
attributes of any
particular program, and
try to weigh up the pros
and cons of each, until
you feel comfortable.
