Temptation of getting rich quickly with little efforts is so huge that it seems that people would never stop believing in fairy tales of cheaters who are using them. Despite the fact that world has experienced hundreds of financial pyramids inevitably leading to bankruptcy and thousands of cheated investors, new frauds spring up just like mushrooms after rain.
After the Internet spread all over the world, cheating people craving for easy money became even easier. HYIP-projects have become widespread (HYIP – High Yield Investment Program). They all are pretty much the same. Fancy and up-to-date site, sweet promises of earning money. In most cases there is nothing behind it. Such project is mostly never involved in its alleged activity and serves as a pyramid.
Almost everyone knows what the pyramid is. Cheaters trick people into their webs, promising them to multiply their earnings. At first they do pay good dividends to their first investors, receiving money from new clients. But sooner or later flow of new clients starts running short and then pyramid creators vanish leaving only broken lives.
One of the latest example of fraudulent scheme – EvoBinary (https://evobinary-scam.blogspot.com) pyramid (hyip). Journalists conducted investigation (https://evobinary-scam.blogspot.com/2016_11_01_archive.html) which proved that this is a typical project intended to strip deceivable people of money. It’s all just perfect – promises of high incomes, timely payments, pathos and ambitious statements. And the main thing is – you don’t need to do a thing. Just give away your money and wait until you will get back more. And meanwhile it`s quite obvious to anyone that this story won’t result in any good. It’s not just a potential SCAM, it’s a fraudulent scheme which ends with scandal. Anyway, there is nothing new for speculators in such final. After blasting EvoBinary investors, in a few months they will emerge in another hyip-project to cheat credulous people.
Main thing in such projects is a beautiful legend about investment vector of company. EvoBinary gave up creating a legend and chose tale about earning money on Forex. But there were more interesting stories. For instance, Fleece farm LTD was saying that it deals with development of sheep breeding. “Demand for mutton remains steadily high, besides that no sudden leap in prices is expected in the nearest years!” – They wrote before the scam. The strangest thing is that there were people who believed in this. One more example is Beonpush. Even funnier legend: “Facebook shows us ads and advertisement providers pay for it. Such companies as Coca Cola or Mercedes buy particular advertising space on Facebook pages. Supply and demand form advertising market similar to stock exchange. BeonPush sells these advertising spaces and receives income!”
Of course, all investment funds cannot be regarded as frauds. Fair business is different from frauds because real activity stands behind it and all its actions are documented, confirmed with required licenses. There is nothing wrong in investment, but before you give your money to anyone, please check everything properly in order to avoid losing your money.