UK Accounting Glossary
An HYIP investment is a High Yield Income Program. The allure of an HYIP investment is an unbelievably high return in a very short time span on a relatively low investment with little or no work involved. Very often an HYIP investment claims to return a percentage of your investment in as little as 1 day. Some HYIP investment programs offer returns on a weekly or monthly basis. Almost all HYIP investment programs are illegal in the United States and few, if any of them, actually produce profits for very long. Many HYIP investment programs are nothing more than a thinly-disguised pyramid or Ponzi schemes, and the bulk of HYIP investment programs are run from off-shore locations where there are fewer regulations than in the U.S.
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This glossary post was last updated: 9th February 2020.