HYIP stands for High Yield Investment Programs. Which literally translate to scam, ponzi scheme, don’t go near it program. Sometimes it can be said to be High Yield for Scammers Program. High Loses for Suckers Program. I want to Make Money from you Program, Scammer R Us Program…. and I actually can go on and on….

Ok… well maybe I have just got carried away. Well, HYIP does stand for High Yield Investment Programs. It is a program that usually pays out better returns than your normal local financial institution, which includes your normal mutual fund or unit trust funds.

The only problem with these programs is that it is not regulated and because of that most of these programs are considered to be ponzi or scams. While some of them are legitimate programs, most of them are not.