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While there are high yielding investments that are not outright scams you would be hard pressed to find them here
Then I must ask, why are these forum even here? If all HYIPs are scams then why have a forum to discuss them as scams?
He and I need to know which ones to put our money into, but since everything here is a scam, then why are we even here LOL?
What exactly IS the scam? They pay out a small amount at first then take it all and run? Or is it they promise high yields and then only pay out small amounts?
Also, are Forex HYIP's scams if they promise a 2%/daily profit? Are all of those bad, or just the ones promising 100% daily profit?
From the Wiki article the OP posted, "HYIP operators generally set up a website offering an "investement program" with returns as high as 45% per month or 6% a day that discloses little or no detail about the underlying management, location, or other aspects of how money is to be invested because no money is invested." - To me this does not include Forex HYIPs as they are, for the most part, open about what they are doing and where the money is being traded.
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So, Do you think less than 1% of them are true? I want to say one thing, that nobody knows exact number of HYIPs, but I know the second thing that such kind of HYIPs exist.
If you are talking about what can be found on this forum under the Current HYIP Discussions Folder, than 100% are scams. No doubt about it, 100%. High Yield Investments that are legit do exist, High Yield Investment Programs are ALL scams.