Ponzi schemes and High-Yield Investment Programs (HYIPs) are rampant online scams. They frequently come disguised as various investment programs. Some of the examples of online scams are Cloud mining program where yopu are promised guaranteed crypto returns, MLM (Multi-Level Marketing) programs where you have to recruit dowlines, HYIP programs where you are promised daily or weekly returns of 5-10 percent, etc.. Most online investment schemes fall into either Ponzi schemes or HYIP categories, both of which should be avoided.
When you are asked money for generating income, always do research.
Have you ever been a victim?
When you are asked money for generating income, always do research.
Have you ever been a victim?