The tawdry translation, the chatty style, the macho let us not be fooled (by nobody else but us, of course), the pseudo-pompous vocabulary... In short, I always think that the responsibility for the stamp swindle was shared, and I would like to think that it is no longer
practised in its original form. Not only does the swindler pretend in bad faith, but he takes advantage of the greed of the unwary. In certain martial arts, the opponent's strength is exploited to our advantage. In the same way, a pyramid scheme (at best) of «high-yield investment» takes advantage of those who believe it is possible to make a fortune effortlessly through the network in unintelligible, for them, financial schemes. These are, of course, always reserved for the upper echelons but now «exceptionally» made available to us, the very fortunate chosen ones. At other times, the word of mouth of the neighbour in 3rd floor 5th floor certifies the solvency and security of the «investment».
Its monotonous and repetitive mantra denies that they are pyramidal structures or that they are Ponzi schemes. To justify yields between 0.3 and 3% diary payable per day, week or month, the document «explains» how 100% profits are generated in a couple of hours. To do so, they use an example of currency speculation with leverage from 10.000%. Evidently, as these operations are carried out by «stockbrokers who know all the details of the market», the possibility of losing is not even mentioned or raised. Here is a textual pearl:
«It is clear that there are many other effective ways of investing money besides gambling on price fluctuations. For example, the purchase of securities of stable financial organisations in countries with developing economies. Such financial instruments are risky instruments, but the risk is compensated by high profits. In addition, serious HYIP organisers prefer to reinsurance and invest part of the funds deposited in the securities of safe and stable companies».»
Another pearl is the unabashed warning that these programmes have a short-term end other than the collapse of the pyramid. And they constantly hammer home the point that the «real» ones are self-liquidating by returning the principal to the investors. Obviously the end is the same for all:
«The nature of high-yield investment projects has the following peculiarity: practically all of them cease to exist at a certain point. Pyramid-type programmes collapse, burying with them all the investments of the clients; and serious HYIPs terminate their activities only after repayment of the sums payable to their depositors. It is clear that all honest projects are planned with maximum accuracy and are oriented to a fairly long term of operation. But in many cases the necessity of project termination is dictated by objective economic reasons that are difficult to overcome».»
Attention to this last sentence: «But in many cases the need for project termination is dictated by objective economic causes that are difficult to overcome» i.e. pyramidal collapse, speculative total loss or directly tomaeldineroycorre.
In addition, its unique online payment method (e-money) is particularly conducive to capturing huge amounts of small payments, thus circumventing controls on significant currency movements. Of course, they also offer lucrative pyramid incentives of networking. To finish with the examples (you will find plenty of them on the net), the tagline nomirenopregunte:
«On the other hand, don't forget that most project organisers prefer to keep information about their profit sources secret, fearing dishonest competitors. That is why in many cases high-yield investment projects are absolutely intransparent. However, this in no way influences the regularity of payments and the «honesty» of the programme. The organisers of serious High Yield Investment Programmes are well aware of the effectiveness of mutually advantageous cooperation and will not risk the trust of investors.» (sic)
Spectacular! Personally, I think that the mutilated people left behind by the HYIPs deserve it for being deluded, reckless and unwary, smart alecs... I can think of so many words that I have to bite my tongue. Of course, those who cheat by offering Hyips are con artists in all capital letters, even if they were originally conned and reconverted to the cause.
However, I am convinced that Fraudulent investment propositions will always exist as long as there are investors who even minimally dissociate return and risk. Call them stamps or «intransparent» financial investments, they are nothing more than the descendants of Gregor MacGregor and its Republic from Poyais.
If documents of this kind are allowed on the net, it is because, as I have said before, the internet is like the street, like life itself. And in the street we find all. After all, a website, a blog or a simple pdf document is nothing more than a Speakers’ Corners of a global Hyde Park with genuine freedom of expression. With its drawbacks, but above all with its advantages.
Three cheers for freedom of speech! Hyip Hyip...Hurray!