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FINRA Alert: High Yield Investment Programs

As reported on FINRA.org. HYIPs—High Yield Investment Programs Are Hazardous to Your Investment Portfolio High-yield investment programs (HYIPs) are unregistered investments created and touted by unlicensed individuals. Typically offered through slick (and sometimes not-so-slick) websites, HYIPs dangle the contradictory promises of safety coupled with high, unsustainable rates of return—20, 30, 100 or more percent per