Pyramid Schemes

High Yield Investment Program (HYIP) Fraud

What is High Yield Investment Program (HYIP) Fraud. High yield investment program (HYIP) fraud refers to deceptive investment schemes that falsely promise exceptionally high returns with little or no risk.

Pyramid Scheme

What is a Pyramid Scheme. A pyramid scheme is a type of fraud that depends primarily on recruiting new participants rather than selling real products or services. People at the top earn money by bringing in others, who must usually pay fees or make purchases to join.

MLM vs. Ponzi vs. Pyramid Schemes

What Is the Difference Between MLM, Ponzi, and Pyramid Schemes. Multi level marketing (MLM), ponzi schemes, and pyramid schemes are all models that involve recruiting people and, in some cases, promises of financial gain.