HYIPS

This is a discussion on HYIPS within the Internet HYIP Scams forum, part of the Money Frauds and Scams category; Please give me your valuable advice regarding the issues below, I am a natural resident of India by birth ,I ...

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Old Oct 9th, 2009, 07:47 AM   #1
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Confused HYIPS

Please give me your valuable advice regarding the issues below,
I am a natural resident of India by birth ,I am intending to invest in a HYIP of a foreign country,
1)Whether income earned through foreign hyips is LEGAL as per laws in INDIA ?
2)What are the legal consequences if the above incomes are illegal in India ?

Thanks&regards,
(Sundareswaran Bhanu)
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Old Oct 9th, 2009, 12:17 PM   #2
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Default Re: HYIPS

There will be need to worry about income or tax or anything like that as there will not be any, you put your money in a HYIP and that is it, you never see it or any return from it ever again, end of story, this is a hyip
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