High-yield investment program

This article is about a particular type of investment fraud. For legitimate high-yield investments, see yield (finance) and high-yield debt.

A high-yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors.[1]

  1. ^ "High Yield Investment Programs (HYIPs) – Don't Get Scammed". The Department of Financial Protection and Innovation. 18 August 2022. Retrieved November 12, 2023.