HYIP Scams

HYIP scams stand for High Yield Investment Scams and are similar to Ponzi schemes that involve promises of high returns by using new investors money to pay previous investors.

These types of investment scams have existed for many years, however they have flourished in recent years due to the Internet providing easy access to millions of people around the world, and electronic currency.

The availability of digital money has made it easy for the owners of HYIP scams to accept payments from people worldwide.

Some digital money companies took steps to prevent their system being used for HYIPs, which led to some HYIPs starting their own digital money businesses. These companies folded and included OSGold, V-Money, EvoCash and INTGold.

People are attracted to HYIP schemes due to the claims of high returns [sometimes 30-50% a month] for no effort. Just give them your money, and they will make money for you while you sleep!

How Do HYIP Scams Work?

They usually start with a website offering an investment program that offers a very high return. These returns may be in the order of 6% a day or 50% a month.

They usually provide no details of how the money will be invested, or if they do, they use vague references to trading on the stock exchanges. There is usually no detailed information about the company, its location, or management details.

They may claim to trade or use so-called 'prime' bank, 'prime' European bank or 'prime' world bank financial instruments, or other 'high yield investment programs.

Some of the HYIP scams have occurred on a large scale such as the OSGold [the largest document HYIP scam] which folded in 2002 and according to the lawsuit in 2005, the operators took over USD 250 million. People were taken in by the 'guaranteed returns' of 46% a month.


If the most brilliant investors of our time such as Warren Buffet and Peter Lynch can’t double their money every month, how can a complete stranger from the internet do it?

How to Avoid the HYIP Scams

  • Do your research and never make an investment based on what you read in newsletters, bulletin boards, or chat rooms to avoid investment scams
  • Before you invest in a company, check to see if it is registered with the Securities and Exchange Commission and read its reports. Anyone can access and download these reports from the SEC's EDGAR Database. But some companies don't have to register their securities or file reports on EDGAR due to their small size, however they are required to file some information under Regulation A or a Form D. If you can't find a company on EDGAR, call the SEC at (202) 551-8090 and find out if the company filed information under Regulation A or a Form D, and if so, request a copy
  • Check with your state securities regulator which you can find on the website of the North American Securities Administrators Association, to see if they have more information about the company and the people behind it. They can check the Central Registration Depository (CRD) and tell you whether the broker selling the stock or the broker's firm has a disciplinary history. They can also tell you whether they've cleared the offering for sale in your state
  • Check the disciplinary history of the broker or firm that is selling the stock by using FINRA's BrokerCheck website, or call FINRA's BrokerCheck Program hotline at (800) 289-9999
  • Before you invest, always obtain written financial information, such as a prospectus, annual report, offering circular, and financial statements. Compare the written information to what you've read on-line and watch out if you're told that no information is available
  • Check with a trusted financial advisor, your broker, or attorney about any investment you learn about on-line
  • Beware of any investment whose past performance and potential growth cannot be easily checked, for example in the financial press or via an independent financial adviser. Ask yourself, "Why not?"
  • Ignore emails, chain letters or any other unsolicited approach that promotes get-rich-quick schemes
  • Be skeptical of "off-shore" or foreign investments. And beware of exotic or unusual sounding investments, especially those involving so-called "prime bank" securities
Hyip scams

What to do if you are a Victim of HYIP Scams

  • Report them to the Security and Exchange Commission (SEC). They have online forms to contact them at their complaint site: HYIP scams
  • You can also write them at:

    Securities and Exchange Commission
    Office of Investor Education & Assistance
    450 Fifth Street, N.W.
    Washington, D.C. 20549-0213
    Fax: 202-942-9634

Do You Have A Great Story, Tip, or Experience With This Topic?

Do you have any knowledge or experience of the HYIP scams to help others.

Share your story, tip or review with the world!

What Other Visitors Have Said

Click below to see contributions from other visitors to this page...

grand summit bank: https://grandsummitfinancial.com/ 
This bank works with scammers!!!!!, They send emails and messanges ordering deposit, or transactions!!!! Be carefull

Bitsmonline is a scam 
I lost more than 2000$ here. They are not paying, and even deleted my account also. Evan removed the chat icon from my page and perhaps blocked my IP.

Lider Finance (http://liderfinance.com/) 
After investing some money with them I was unable to withdraw a single $ from the earnings I made. Poor response from customer support and their Live …

https://perfectmoneyinvest.com/ Not rated yet
They do not let me withdraw my money. All the time it shows that its pending.

Investbull.co Not rated yet
I have invested 30$ in this site as soon as I am withdrawing my money. It is pending the withdraw transaction.

rakletrade.com Not rated yet
It is really a scam. New people be careful. Current players know their tricks and don’t try to top up to stop bots as they say. The first time …

https://crypto-farm.co. SCAMMER Not rated yet
Made a deposit of $30 under their 20% after 24 hours investment program. When withdrawal request was made, it is pending. When contacted customer support, …

bitatomix.pw is a big SCAM SCAM SCAM Not rated yet
This website looks very real and keeps very good records as well. They say they are registered with The Companies in UK. When you search on their registration …

HourlyEX LTD is a SCAM Not rated yet
They let you start out with small deposits and they pay a return. Then you take a leap of faith as I did and deposit $400 and wake up the next morning …

RummageCoin.com Not rated yet
Promise a large return within an hour. Their rules tell you that you can only invest once a day, so that everyone has a chance. Their Basic Plan says …

I INVESTED 100$ AND THEY PROMISED ME TO EARN DAILY. Status: Available Interest ID: Interest Amount: $15.00 Interest Rate: percentage of capital-15% …

minhir Not rated yet
I would like to say bro that I have proven it also

bitcoin miner pro cloud Not rated yet
bitcoin miner pro cloud is a scam and ask to buy acesskey will send to you email but after I pay the acesskey I get nothing. I paid my money 2 times and …

www.golden48hours.com Not rated yet
After investing $2000 with them I was unable to withdraw a single $ from the earnings I made. Poor response from customer support

Citypaging.club Not rated yet
Admin of this site didnt answer. My withdrawal is pending after same day i lost 75$ 100% scam

https://airbitclub.io/ Not rated yet
Scam please stop ...not paying..

Minhir Investment is a scam Not rated yet
I would like to inform all HYIP investors that Minhir Investments with a website name www.minhir.com is a SCAM. When you login again it will ask for …


nowfund.pw is a scam Not rated yet
Please stay away from this site. They will never reply. They will never pay. Avoid sites with .pw

12dailycoins.com Scam Not rated yet
They stop paying and no support at all.

justbtc.co Not rated yet
This is a scam no doubt. I invested in plan 2 that claimed a 100 btc minimum deposit and then they suddenly changed it to 300 minimum. I took screen shots …

Extremehours.com abandon customer Not rated yet
I tried to send a deposit to BTC to their (https://extremehours.com) refered wallet address in order to buy an active plan. But after 23 hours and my …

www.btcbet50.com scammers Not rated yet
www.btcbet50.com I join these people and tested them for $51 offering 500% return, but when I withdraw they asked me to deposit $100 to activate withdrawAL. …

Earnbit that SCAM! Not rated yet
I recive email from admin. After that I sent help email to admin,I can't Login. This email said. Hello, The fundepartment checked this, most our …

Click here to write your own.

Www.okbtc.online Not rated yet
When I tried to withdraw my profit I was told to deposit 20% of what I was withdrawing yet it is not stated in their website.

HYIP Scam Review Not rated yet
Myinv.biz HYIP website I have registered, accepted and will continue to comply with the Terms and Conditions in 2015. There has been a change of face several …

Scam alter Not rated yet
Invested 0.0025 to test a hyip Genuine Gains and they never bothered to pay they just started Nov.19 2017 stay away from this scam

The NEWEST SCAM is US Miners Not rated yet
https://www.us-miners.com The NEWEST SCAM is US Miners, only a week old but NEVER PAYS ANYONE! A friend of mine invested 30.00 and I invested 200.00. …

successful-traders.com scam Not rated yet
The company looks professional, the first time you get your payout very fast but then they sent everytime you withdraw to your balance back, live support …

Track invest Not rated yet
Track Invest has been quiet for days now and my password does not function and my transaction code is invalid. I cant address these issues because their …

cant login modus Not rated yet
http://www.extra-liberty.com only 1 day after I deposit my money, I cant login into member area, and they never respond to my email, they are a scam, …

Click here to write your own.

  1. Home
  2. Investment Scams
  3. HYIP Scams