HYIPs - Websites Filled with Typos, Grammatical Errors and Weird Acronyms
Wouldn’t you be reluctant to send money to a website that has bad grammar and spelling mistakes? Take this site 
for example. It is called HYIPNEWS.
On the left, you have a column entitled Don’t Investing that lists a number of companies that (I guess) you are not supposed to invest in.
Under Changes in Plans, forexica.com tells people “you can invest in them from yesterday with new percents…”
Under Exchange Feature, Truearn.com says, “I have another exciting news for you all.”
Then there are the rotating internet ads that offer 105% after one day, 290% after 25 days with DDOS protection. I tried to find out what DDOS protection is. Evidently, it stands for Distributed Denial of Service. What in heavens name is that?
These HYIPs have invented new terms that sound a bit “out of this world.”
Wikipedia, the on-line encyclopaedia, describes HYIPs as a “type of Ponzi scheme.” I think that Charles Ponzi would be embarrassed by the use of these weird acronyms, typos and grammatical errors. It must be amateurs administering these funds, not professionals.
To read previous posts on this and other topics, click on Let’s Talk about Investing.
Posted by Patricia at 5/12/2010 8:00:00 AM
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