Articles

Be Careful Of Website Flipping Investment Sites!

by Dawie Bezuidenhout Systems Engineer I.T.

WEBSITE FLIPPING HYIP is realy becomming a serious problem, and so many innocent people fall for these SCAMS. Once again the promise of making BIG BUCKS for doing absolutely nothing is getting the better of innocent investors.

This is nothing new, and has been going on for at least ten years. Don't waiste your money on these programs, they are all PONZI schemes masked as WEBSITE FLIPPING. They usualy promise huge returns on small investments, and will pay the first members that join just to get them promoting and get the snowball on the roll.

A close personal friend of mine does WEBSITE FLIPPING for a living, the LEGIT way. He buys small websites for a reasonable price, starts modifying the site by adding relevant content and does SEO on the site. Once the site starts generating a good income he sells (FLIP) it for a good profit.

Real WEBSITE FLIPPERS don't share their revenues with RANDOM INVESTORS, they simply don't need to! They start out on small projects and build their capital up to tackle larger projects. It doesn't make one bit of sense for WEBSITE FLIPPERS to take on DEBT from a bunch of payment processors like Liberty Reserve and Perfect Money, work their butts off, and then dish out the majority of their hard earned cash to people that did absolutely nothing but send them a couple of dollars!

So the next time someone invites you to one of this CRAPPY programs, delete the message. Stop being a victim to these SCAMMERS, WAKE UP. Money does not grow on trees and you will have to work for it online just as you have to offline.


About Dawie Bezuidenhout Professional     Systems Engineer I.T.

1,772 connections, 25 recommendations, 3,777 honor points.
Joined APSense since, July 2nd, 2009, From Jeffreys Bay, South Africa.

Created on Dec 31st 1969 19:00. Viewed 0 times.

Comments

Rosyel S. Professional   Financial Advisor, Blogger
Thank you for this. It is a must-read esp. for newcomers in the field.
Nov 6th 2010 10:48   
Paula van Dun Magnate II   Retired
Thanks for posting this warning. I hope many will read this.
Nov 6th 2010 10:50   
Cheryl Baumgartner Professional   Medical Billing/Coding/Insurance
You know the drill we warn and the shills and marks keep promoting them with dollar signs in their eyes. Then when the sh*t hits the fan they stand there and wonder why they got scammed. It's a shame because the warnings are there but the greed seems to win out every time.
Nov 6th 2010 10:59   
Marko S. Professional   Web Presence Provider
Agree. I had very bad experience with that kind of online opportunities.
Nov 6th 2010 11:17   
Richard Attapan Innovator   
Interesting. Thanks for the info!
Nov 6th 2010 11:37   
Jeff Greene Committed   Online Marketing Specialist/Consultant
The fact that these scammer HYIP scripts are being sold so for so little money and that they are widely available should be of concern to everyone who is trying to earn money in a legitimate fashion.

To see what a lot of these actually look like, do a search for "HYIP " forums-- these places are the breeding grounds for these monsters.
Nov 6th 2010 11:43   
Dawie Bezuidenhout Professional   Systems Engineer I.T.
Thanks for all the comments my fellow APSensors, we need to get all these SCAM types to peoples attention. The reason i posted this was because i received an invitation to such a site, i went to check it out, and almost fell out of my chair laughing. Crappy design and spelling mistakes was at the order of the day, and they call themselves professional web designers. BAH, i don't fall for CRAP like this i have been around for too long, but many newbies do, like Cheryl said we do our part to get the warnings out there, the rest is up to the people reading this to listen to those WARNINGS.
Nov 6th 2010 12:19   
Patricia Adossi Senior   Imagine this.....
very interesting website!
Nov 6th 2010 12:23   
Nachin Delgado Innovator  
I hope manny will read this and learn a lot from it!
Nov 6th 2010 12:51   
Aleksandar Misackovski Advanced   
so informative, thanks for the info
Nov 6th 2010 13:07   
Warren Contreras Magnate I   Old Retired Guy
Common sense should be all that is necessary to avoid being stung like that. Unfortunately greed blinds some folks, so they need buys like you to watch out for them.
Nov 6th 2010 13:11   
Nizar ben mokhtar Boussetta Advanced  outsourcing- freelance
thank's for all comments. it's good for all to know this
Nov 6th 2010 13:22   
Bruno Calic Magnate III   Internet marketer
Thanks I see value of this system and I will that take under consideration!
Nov 6th 2010 14:16   
Philippe Moisan Magnate II   Tutorial videos, writing
I like the idea of legit site flipping. Thanks Dawie ! In the near future, I might look at it. I wonder if some people sell their blogs. I'm talking about blogs on private hosting, of course, not on wordpress.com or such like.
Nov 6th 2010 14:22   
Manzil Barbora Advanced   Internet Marketeer
Very informative. Two days ago my friend was scammed. She lost more than $3,000 in HYIP.
Nov 6th 2010 15:35   
Dawie Bezuidenhout Professional   Systems Engineer I.T.
@manzil, that's not good news. That's why i steer clear of all HYIP programs.
Nov 6th 2010 15:43   
Stacey Stanton Advanced   Talk Fusion Executive
Very interesting and yes there are so many scams out there i have fallen prey to a few myself.
Nov 6th 2010 17:14   
Dawie Bezuidenhout Professional   Systems Engineer I.T.
@Stacey, i am sure we all have at one point of our lives fell for these sharks tactics.
Fortunate for me i am a very analytical person, i can drive people up a wall sometimes, but at least having that attitude have saved me alot of money.
Nov 6th 2010 19:15   
Ian Begg Committed   Marketer, Engineer
@Dawie, great post, I hope a lot of members read and heed, but I have to agree with Cheryl, seems greed wins out in the end.
Nov 6th 2010 21:44   
Dawie Bezuidenhout Professional   Systems Engineer I.T.
When people realise that life is so much more than making a quick buck or profit, the SCAMMERS will be out of business.
Nov 6th 2010 22:22   
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