- In the scam-filled world of High Yield Investment Programs, where people can scam investors out of tens, thousands and even millions of dollars and get away with it, you can***39;t help but ask.. How is that possible?
- If HYIP***39;s accepted Credit Cards, Checks or Money Orders made out to a business directly, wouldn***39;t that eliminate the possibility of the admin disappearing into thin air with the funds?
Do processors like egold and evocash leave too much room for scammers to work with by not doing the proper verification of account their holders?
We***39;ve been in business (online) for over 2 years now and we usually transact using our own merchant account, in which we are liable for charge backs or money orders made out to our business and sent to our physical address. Why is it that none of these programs that I***39;ve seen accept any of those two methods? Is it because it***39;s easier to disappear with egold or is the risk or credit card fraud on the part of the investors around the world too high?
We started our investment club using an HYIP script because it seemed like the best solution for what we are trying to do for the time being. It comes pre-programmed to accept egold only, which seems a bit inconvenient for club members and not the way we normally do business. We are adding Authorize.net support and money order deposit options. Good Idea or Bad (because of the possibility of credit card fraud)?