Every day in the Internet appears some news trumpeting all over the world that some company has invented a new way to protect from fraudsters, raised security level of payment systems and etc. But swindlers are also not going to make no headway. Their keenness of wit may and even should cause envy. Some of them look for loopholes in laws, software and hardware; others directly contact their victims, then work over them and collect cash award for an artificially done work. Fraud is one of the most profitable businesses and one can hardly object this.
Scales and number of financial machinations carried out on the Internet have reached that mark that prejudices absolutely all positive sides of “virtual economy” as a new segment of financial sphere. And it’s true – what convenience and especially security of electronic transactions can be mentioned if stealing in Internet occur more often than in Central Park of New York. And the work with payment systems began to resemble a medieval merchant who was carrying his goods cross-country and was constantly attacked by the robbers.
Surely, safety depends also on the users themselves as sometimes ignorance level deprives them of their hard-earned money. So, 17 years old American boy has earned one million of dollars during several months by posting in the Internet an announcement where he suggested investing of some sum and paying back 25 times more, and it curiously enough, but people trusted him…
World Wide Web remembers a lot of interesting stories in its.
During the last years the word HYIP became almost the most popular word in the Internet. People offer you earn unreal money by investing sites and covering by beautiful advertisement. It’s strange, but most people believe them.
As you have already understood HYIPs are not safe and we decided to divide them into 2 categories. SCAM it is a real fraud aimed to some earning. Founders offer you great interest: more that 30% a day that cases suspicions. This interest money is usually paid from new intake or not paid at all. PONZI is analogue of pyramids. Founders create some nice site and then begin to attract investors by offering income approximately 50% a month. Terms of their work depend on amounts and speed of investing. Usually almost all participants remain deceived excluding those who top these pyramids. So, we can say with confidence that in 99% of cases HYIP is based on deception of investors.
Thus, one can draw a conclusion that fraud became not a defect of modern Internet but more likely its norm, or sub-segment of virtual economy, which develops independently and is feed by forces and finances and constantly expands. Winning victory over fraud is hardly possible, and the only reasonable and even banal piece of advice is to stay vigilant.
Use all your 5 senses and sharpness of wit and your money will not change its location, i.e. will remain in your wallet.
Besides, tell me pls, have you fallen a victim to scum?