Trap for Money or Privacy HYIPS

Updated: 07/11/2005 00:09
Hyip Monitor
Recently more and more programs "go private". It's the so-called latest fashion. There have been rumors that EXP Invest will go private, now American United Trust reported about that. Though, to tell the truth, programs used to go private before as well.

After long work in the normal mode, they switched to the "close" one, and now various investment private clubs exist. All this is worth attention, it's evident... you may ask why? Because, unfortunately, there's nothing but quitting the stage behind "going private"!

… but not always. I.e. "our program goes private" – is far from "we admit, we are scammers". It's not like that at all. But, unfortunately, more often it happens like that. Otherwise the question "whether it's bad or good" for the program to announce of it's decision to accept new members would not arise. Well, let's examine, what it's all about.

To begin with, we should give a clear definition to "private program". Private program – is it the program, consisting of a certain circle of investors that doesn't accept new members or it's the program, accepting new members by means of a special type of invitations. What are the advantages of private programs?

More often private program is formed around a talented and successful trader, able to operate finances on various markets and pay out constant interest to its partners, depending on the agreement. Such a group usually has trust and open relationship between its members, in such a way decreasing risks in a way.

Good trader (or a group of traders, organizing the "administration") provides constant income for these investors, and in case of a failure can provide reimbursement. What are the disadvantages of private programs? Private programs pay much less interest in comparison to HYIP and… it's too hard to get in there. The last disadvantage – most tangible for a wide circle of investors.

FastMarket requires invitation, though it's not a private program. FXVision – that's the private program, but primordially it used to work as a close one, and it does the same till now. You will only the opportunity to get invitation, and by no means not lots of unnecessary information.

Second chop of private programs – those that "become" private, and… "invisibles". It's pretty hard to name those, who "become" private. They are not so widely known. And speaking about "invisibles", you may find them on different forums "has been working for a year" – that's it.

Usually the details of such programs can become known via mail or PM only. They pay from 13% to 20% annually, or 5% monthly. Take care! Very often the scammers use these "private" programs as a cover. Cause they have neither office, nor the site. Everything is explained very approximately.

However, when program is very, very bad, it can choose such a way to "fall back into the shadow". When there's less attention, less interest to a program, it can stop its work more quietly. But at the same time not many people can define when program "is bluffing", saying about the changes in the mode of its work.

In one of the previous news issues we promised to tell you, why we think American United Trust "going private" is suspicious. Here you are. Let's study the design of the official statement from Jenifer. Why does American United Trust go private?

Attention! Because they have problems with mail processing… Is there a way out? Increasing the minimum threshold up to 250 USD. Of course it will eliminate major part of investors, though why is this PARTICULARLY the way out of the situation? Isn't the extension the way out? It's half the work.

Let's study, what kind of a "private" model does AUT offer? Limited access? No. Invitations? No. Site limitation? No. So, what is this private program like? Where is the privacy? Let's take another look at the situation.

AUT INCREASES the minimum threshold and justifies it with the necessity to put down the mail work. Is it still a reasonable explanation to you? Let's consider it from the point of view of a trader. The funds volume is important for a trader. I.e. amount of funds is important to him.

He may need the money FLOW, providing constant and active work. Are these two parameters provided by the terms, this program offers? Money FLOW stops. Is the volume increase achieved limiting the number of customers? No, that's why they increased the minimum. But to what extent was this increase carried out within the bounds of HYIP?

Basically, such a minimum threshold is surely not peculiar to usual HYIP programs and programs with such a site, such a support… all this looks like the program is trying to "make" pay more money. Why? Cause they treat the investors, who had already invested money VERY HARD.

They just DELETE them. They don't prohibit writing mails (you know, letters is the main problem), they just don't improve their feedback. They just delete them… Moreover, they change their plans! … and if it is really so, whether HYIP can survive without new funds' inflow – no?

Is it worth being afraid of, think it's a scam or something of the kind? No - in no circumstances - no. The facts we expounded here are nothing but our thoughts. We do not draw conclusions. You draw them yourself. Though the facts for themselves. Think and be careful.

To finish with, it's worth noticing, the question still arises, what is more important – high yield or stability? Whether private programs are worth trusting or not – it's better to decide in every single case. And going private does not 100% mean scam. But we are sure – the information given above is quite enough for you to orientate.

About the author

Brett Sherpan has been working for seven years writing and editing for online and print media. He has held various editing and copywriting positions and can quickly and competently write copy for sales, marketing and editorial content. Brett is a consistently dependable team player, who thrives in a high-pressure environment, enjoying the challenges of meeting deadlines and am comfortable researching, writing and editing on a wide range of topics
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