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SimplyWebHosting.com KnowledgeBase .: New Setup Issues .: Do you allow HYIPs (High Yield Investment Programs) to purchase hosting from you?

Do you allow HYIPs (High Yield Investment Programs) to purchase hosting from you?

It depends. We evaluate each HYIP website to determine if it is legal or not. We do not allow illegal HYIPs or any website that does not comply with our Terms of Service. If the site is of questionable legality we may refuse to host it.

More information on this issue can be found at:

http://forum.schmolie.com/index.php?showtopic=1840

You can find our terms of service at:

http://www.simplywebhosting.com/termsofservice.shtml

Many (but not all) Internet HYIPs are illegal schemes rather than legitimate investments. More information about how HYIP schemes are perpetrated can be found at:

http://www.sec.gov/divisions/enforce/primebank.shtml

As with any investment, people should research carefully before investing their money.


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