There is a preoliferation of Internet based investments schemes offering high interest rates. More popularly known as high yield investment programs (HYIP), a high percentage of this investment schemes are meant to fool the unsuspecting public.

Take the case of Francswiss.com. Francswiss offered $45 a day for an investment of $1,000. That’s a 4.5% interest a day. This program provided a referal fee of 10% to any member that can bring in a new member. Because of this referal program, Francswiss managed to lure a lot of investors.

In the beginning, investors are able to get the interest. Several would even testify that they were able to get their money back with the complete interest. However, after the discovery of their schemes, the late comers are left empty handed.

Money does not grow on trees. Beware of investments programs that are too good to be true.