What To Do If You Got Scammed?

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HYIPS are like those gopher machines at arcades, except for the fact that they never turn off. HYIPs will pop up, they will get hit (by many investors), and retreat back to their holes. Of course, some of them get away with our hard earned cash without paying out a dime to anyone, and there’s nothing worse then the feeling of being scammed by a HYIP. However, if you want to prosper in this arena, you have to live with the fact that you will be scammed, eventually.

You must fight these scams, do not rely on the word of others who say they are going after the HYIP. They did not invest the money for you, so why should they fight the HYIP for you, its nice to have help, but the "battle" should be on your terms. Try to stay somewhat neutral when part of a program, do not "cheer! cheer! cheer!" then say "scam! scam! scam!", other investors who notice this behavior will not think highly of you.

You have no doubt heard "HYIPs and autosurfs are a gamble", and just like gambling you have to have nerves of steel and the patience of a lion who stalks and studies his prey. The patience you have will be for many things, like waiting for your account to clear, a pending payment, or waiting for a scam investigation to be completed. Your nerves will be crucial because you have to stay atop the program and see if its turning scam or not. With a decent combination of both these traits, you won’t have any luck spotting a scam, let alone stopping one.

So you know that the program is a scam. What do you do?

Well, before the first signs start emerging and it becomes a scam, you need to withdraw all your money as fast as you can. Usually, this should primarily be your principal investment, that way if you lose, you actually just break even. Along with that, you should never invest more then you can afford to lose, which is the biggest rule in the land of HYIPs.

Once it stops paying, you need to make it public as fast as possible. Forums and HYIP monitors are a great way to spread the word about the current scam, as well as emailing HYIP groups, who monitor and report on such programs. This will spread like a fire in a dry leaf covered field in autumn, which is faster than you can blink. However, be sure your right, and it isn't just a mistake by the program or by you.

Its always a good idea to try and contact the admin and get some information before you come to your ultimate conclusion. You can threaten him and say "I'm going to go to every forum on the internet and say your HYIP is a scam, unless you provide me with a refund!" However, most admins completely ignore you, unless of course you have the HYIP Advice community on your side, which is always nice for back up.

If you’re part of the HYIP Advice membership, which you probably are if you are reading this, head over to the members area and read the DD report on that particular HYIP. Find out the domain and where they’re hosted, then send an organized and well thought-out email to the host and to their domain registrar. Be sure to send the IP address as well in the email, this can be found by looking at any header from an email you received from the HYIP program. However, DO NOT complain if it clearly states anywhere on the website about the HYIP being a ponzi, this could get you into some serious trouble down the line.

You may want to consider reporting it to E-gold as well. Any accounts that the HYIP might have may been using may be frozen, blocked, and/or closed. Usually with E-gold, they will only block any incoming spends, but at least new investors will be safe. Going to the legal authorities may also be a viable option. Go to www.ic3.gov and fill out all necessary information about the scam. The more complaints, the faster something will be done, so be sure to tell other investors to do the same.

The chances of you getting your money back are slim, however, with these steps taken you may be able to increase that chance, but do not rely on it. Your main goal here is to get the program shut down, the admin caught, and help new investors avoid losing money.

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This article is written by Dave Origano, a professional HYIP investor with 6 years experience. If you want more articles like this, Due Diligence reports, recommendations and strategies - then get yourself a free HYIP Advice Membership at http://www.hyipdailyadvice.com/script/?thankyou=1442

[MrChiang]

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[Pokester99]

chances are if a program was good enought to pull in a lot of money they're good enough to get away with it.

[HyipBest]

yeah very true. In fact there's not much to do if you got scammed, so be careful, read a lot and do your own due diligence

[madlw]

Ya you guys got that right one way to make sure you don't get scammed is really do your research thoroughly and try to contact the owners and people that have been in the program for at least a month! I hope this helps