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: Securities Law Prof Blog

FINRA Issues Warning about High-Yield Investment Programs

By Securites Lawprof

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FINRA warned investors today about Internet-based Ponzi schemes called high-yield investment programs (HYIPs), which purport to offer returns of 20, 30, 100 percent or more per day. HYIPs are unregistered investments sold by unlicensed individuals using sophisticated-looking websites. The con...

Full post as published by Securities Law Prof Blog on July 15, 2010 (boomark / email).

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