These sites run on the referral spam that gets generated by users who promote their referral links through many PTC and GPTC sites. Most faucets have a hoard of banners promoting them too, such that we cannot differentiate if it is a faucet site or a noticeboard.
Anyway I hope this saves some newbies from getting scammed on this site, the basis of how they run is that they take money from new investors to pay their old investors, while all of a sudden they will vanish and you will be left hanging with no trace of your money.
Now there are people who make money with these sites, they are the affiliate marketers and the owners of the scam.
Topic: [Expose] highpointlite.com Hype Project (Read 84 times)
Ten years ago HYIP are ruling the investment world I remember Liberty reserves as the most popular payment processor because there is no chargeback but after the regulator shut down these payment processors that dealt with HYIP and Ponzi schemes, these HYIP and Ponzi operators transferred to Cryptocurrency, because like Liberty Reserves it has no chargeback and its very popular so expect all HYIP and Ponzi operators to set up sites using Cryptocurrency and they are targeting newbies who think that this is legit, they will not run out of victims that believes that this scheme is legit and paying.
this is show the most classic and simple example of HYIP.
unfortunately, even if it is reported, it will not really help. because who decide to invest in these systems do not seek information on the subject and in many cases do not believe that they are scams even when they find such topics.
ultimately, this kind of sites should already belong to the archeology of the internet but they always find users who believe in this sort of financial "miracle".
it's clearly the mirror of today's society. there is the need to find new "methods" to earn. and there is the evidence of ignorance of the average user.
unfortunately, even if it is reported, it will not really help. because who decide to invest in these systems do not seek information on the subject and in many cases do not believe that they are scams even when they find such topics.
ultimately, this kind of sites should already belong to the archeology of the internet but they always find users who believe in this sort of financial "miracle".
it's clearly the mirror of today's society. there is the need to find new "methods" to earn. and there is the evidence of ignorance of the average user.
They are even using a marketer tool pop-up to entice people to invest this is a popular tool for marketer to entice their visitors to subscribe, join or invest I once used this kind of tool this is fake because you are the one who will fill what the pop up will show up
Description:
This website which is mentioned below is offering hype investment plans from 20 to 120 percent to the investors to take them into a trap, they also give a 5 percent referral commission to the people who invite other people into this scam project.
Reference Link:
highpointlite.com
WhoIs info:
https://whois.domaintools.com/highpointlite.com
Created on 2022-11-15
Expires on 2023-11-15
Updated on 0001-01-01
Payment Method:
Bitcoin, Ethereum, etc...
Archive:
https://archive.ph/rB4gW
Additional Notes:
In order to take down this project please report the website to their registrar (In this case NameCheap). Here is a little guide about how to report the scammers to their registrar: https://bitcointalksearch.org/topic/how-to-report-the-scammers-to-registrar-5281378
This website which is mentioned below is offering hype investment plans from 20 to 120 percent to the investors to take them into a trap, they also give a 5 percent referral commission to the people who invite other people into this scam project.
Reference Link:
highpointlite.com
WhoIs info:
https://whois.domaintools.com/highpointlite.com
Created on 2022-11-15
Expires on 2023-11-15
Updated on 0001-01-01
Payment Method:
Bitcoin, Ethereum, etc...
Archive:
https://archive.ph/rB4gW
Additional Notes:
In order to take down this project please report the website to their registrar (In this case NameCheap). Here is a little guide about how to report the scammers to their registrar: https://bitcointalksearch.org/topic/how-to-report-the-scammers-to-registrar-5281378
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