Saturday, August 06, 2005

Stop HYIP Scam - Call for Public Action

As author of this blog and as your advocate, I neither support nor challenge the following:
. . . . . . .

We believe that the time has come to support and protect DGC industry which is developing rapidly, but has not yet stabilized and any negative factors can cause its decline and further stagnation. One of the most important of such factors is the aggressive use of Digital Gold Currency by scammers in the so-called High Yield Investment Programs (HYIP). Taking part in HYIP programs, people lose millions of dollars every year by giving them to scammers. The wish to become rich immediately leads to sad results. HYIP is always 100% fraud and nothing more. There is just no sense to give examples as there are dozens if not hundreds of thousands of them. One of the latest and biggest HYIP/Ponzi frauds is described on the site U.S. Securities & Exchange Commission at http://www.sec.gov/litigation/litreleases/lr19219.htm. Just read this release. In spite of the fact that many HYIP programs owners are trying to prove that exactly their program is not a fraud, we can say with confidence that all HYIPs are scam. There are no exceptions.

Using DGC by criminals results in devaluing of the reputation of particular digital currencies (E-Gold, GoldMoney, E-Bullion, Pecunix) as well as of DGC market on the whole. It undoubtedly impedes further growth and popularization of digital currencies. The aim of this action is simple to the maximum… If we cannot stop the scammers from using digital currencies in their machinations, we must at least warn as many people as possible about the risk of taking part in HYIP programs.

We call you to support our Public Action by placing the 'Stop HYIP Scam' button on your site, HTML-code of which can be found below. We understand that it is just a preventive measure, but it is now as important as it has never been before.

Stop HYIP Scam
http://www.dgc-soft.com/stop_hyip.php

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