The truth is Cosmo (I doubt that is your name but have nothing else to call you so please accept my apologies) the FTC is very clear about HYIPs. They are illegal. Every one that has come along has either been shut down, with litigation to boot, or has collapsed under its own weight because the model can't sustain itself.
I won't go into the reasons why the model is not sustainable because they are beyond the scope of his thread and quite honestly, most people without a serious finance background (which I have) wouldn't understand them anyway.
The only reasons you still see some HYIPs running are either because...
1. They haven't reached their breaking point yet (usually 6 months to a year)
2. Haven't been tracked down by the feds yet.
This is not my opinion. This is fact. You can choose to ignore it if you like, but it won't change the facts.
HYIPs are just bad news...period.
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