Author Topic: High-Yield Investment Programs - The Postmodern Ponzi Scheme  (Read 4456 times)

AnilG

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High-Yield Investment Programs - The Postmodern Ponzi Scheme
« on: April 04, 2015, 06:52:34 PM »
Readers on this forum may find this research paper interesting. It is not related to P2P lending. HYIP is illegal ponzi scheme in which early participants get paid from the proceeds from later participants and finally the scheme collapses when scheme can't get any more new participants.

The Postmodern Ponzi Scheme: Empirical Analysis of High-Yield Investment Programs [PDF]
http://digitalrepository.smu.edu/cgi/viewcontent.cgi?article=1001&context=engineering_compsci_research
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Anil Gupta
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yojoakak

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Re: High-Yield Investment Programs - The Postmodern Ponzi Scheme
« Reply #1 on: April 05, 2015, 12:37:50 PM »
So what you're saying is we need to get in early. Thanks for the heads up!