HYIP is the abbreviation for High Yield Investment Program. Are hyips suicidal? While a HYIP might sound enticing, you should be careful; quite a few of these programs are ponzi schemes or machinations. A ponzi scheme is a fraudulent enterprise where investors are enticed to invest in a risky scheme with the help of promises of very high returns on the investment. Early investors are reimbursed using the cash that later investors put into the scheme. Read the rest of this entry »