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High-yield investment program. A high-yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors. [1]
Streetdirectory.com is an online web mapping service, founded by Singapore -headquartered Virtual Map in 2000. It originally used licensed data from Singapore Land Authority under a non-exclusive agreement until July 2004. On top of providing free maps for personal use, the website also offers a variety of ad-supported services.
1860s. Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [ 1][ 2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month.
Donald Trump is surrounded by U.S. Secret Service agents. (Gene J. Puskar / AP) “There is no such thing as 100% security,” said Paul Eckloff, who served as a Secret Service agent for 22 years ...
The Federal Trade Commission is mailing more than 17,000 checks to amateur inventors swindled by an official-sounding group of promoters that promised to evaluate their ideas and help them strike ...
Malaysia My Second Home. The Malaysia My Second Home (MM2H) is a programme promoted by the Malaysia Tourism Authority and the Immigration Department of Malaysia, to allow foreigners to stay in Malaysia for a period of ten years. Foreigners who fulfill certain criteria may apply, and a successful applicant is allowed to bring a spouse, an ...
The ERC scam. The ERC is a legitimate tax credit established to help businesses with the cost of keeping staff employed during the pandemic, enacted by the Coronavirus Aid, Relief, and Economic ...
Lottery scam. A lottery scam is a type of advance-fee fraud which begins with an unexpected email notification, phone call, or mailing (sometimes including a large check) explaining that "You have won!" a large sum of money in a lottery. The recipient of the message—the target of the scam—is usually told to keep the notice secret, "due to a ...