Looking for big money in the grey zone. Simulation of high yield investment programs strategies

• Autorzy: Gniadzik K. , Kowalik G. , Jarczyk O. , Nielek R.

Identyfikatory

DOI

10.7494/csci.2015.16.3.237

• Języki publikacji: EN

Abstrakty

EN

High Yield Investment Programs (HYIPs) are online versions of a Ponzi scheme, a fraud that offers extremely high interest rates to attract investors – and pays them up to the moment when HYIP owner decides to run away with the money accumulated in the account. This article presents a simulation focused on the connections between investments in appealing websites, advertising, and run- away strategies to explore and describe one of the grey zone areas. The model is based to a large extent on real-life data acquired from HYIP monitors. In this paper, we have proven that advertising and layout have a great impact on an HYIP’s balance. Moreover, most HYIPs are capable of gaining similar balance; however, there are also conservative strategies that significantly reduce profits.

Słowa kluczowe

EN

HYIP; Ponzi Scheme; fraud; simulation; strategy

• Wydawca: Wydawnictwa AGH
• Czasopismo: Computer Science
• Rocznik: 2015
• Tom: Vol. 16 (3)
• Strony: 237--251
• Opis fizyczny: Bibliogr. 14 poz., rys.

Twórcy

autor

Gniadzik K.

• Polish-Japanese Academy of Information Technology, Warsaw, Poland

autor

Kowalik G.

• Polish-Japanese Academy of Information Technology, Warsaw, Poland

autor

Jarczyk O.

• Polish-Japanese Academy of Information Technology, Warsaw, Poland

autor

Nielek R.

• Polish-Japanese Academy of Information Technology, Warsaw, Poland

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