Reasons Why Twinkas Ponzi Scheme Is Slow In Payment

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Written By Larious

Larious is the Executive Editor of LowkeyTech. He is a tech enthusiast and a content writer. 

 

 

 

 

Last Updated on March 6, 2017 by Larious

The economic situation has encouraged many Nigerians to participate in money-doubling schemes such as Twinkas, in spite of the possible risks, The scheme provides them with 100 per cent interest on their investments.

Twinkas Ponzi scam investors who invested a minimum of NGN5,000 have not been able to get their funds. The scheme’s first package has crashed and the whole system as whole might crash soon due to the slow payment.

Instead of admitting that scheme has collapsed, owners of Twinkas are asking investors to invest more money. 300% return within two weeks of all packaged, Twinkas has stopped paying people their investment nor the returns promised.

See what Twinkas said about the slow payment on their website below:

What is the reason behind conflict resolution? This was logically implemented to ensure that no money is lost in the platform. By so doing, we introduced a module for expunged accounts, Switch Accounts and other mode of resolution not visible to the front-end users.
The power to make wealth lies within you. Why must you be discouraged about a platform that has giving you maximum hope and resources? Why should you allow fake stories from failed platforms to deprive you from recycling in TwinKAS? Why should media propagandas derail your trust for TwinkAS? Have you tendered any issues that have not been resolved? Policies are been made to suit all and sundry yet; complains continues. Don’t you know that most complainants are not TwinKAS participants?
That notwithstanding, the system was programmed to make successful transaction on/before 21 days depending upon the influx of members. But the question now is how much the false information and media propagandas have affected the populace in terms of brainwashing them against the platform? Of a truth, the rate at which payments are made depends on the influx of members.
From the testimonials, everybody testify that we are to be trusted yet; our noble participant goes about losing their money in other platforms because of greed and impatience. Truth be told, would you prefer to WAIT and get paid on TwinKAS or to RUSH and get lost elsewhere?
For as long as the internet remaineth, TwinKAS remains. No RETREAT No SURRENDER. We are committed to leverage the privileged/ less privileged from the shackles of ignorance and poverty.

See some views about Twinkas by some Nigerians on the platform:

Valerie Dada, a civil servant, said that she was encouraged to participate in Twinkas, because salaries were delayed sometimes.

Salaries are sometimes delayed and I have bills to pay, so I decided to take some of my savings and invest in the scheme.

“There are many schemes that arose after MMM, which is suspected to have crashed and these schemes have better packages and interest rates to attract people.

“I am currently participating in Twinkas because it has proven to be reliable so far, with an interest of 100 per cent on all amounts of money invested.

“That is a package I feel is worth the risk, so that I can afford to pay my bills,” she said.

Mrs Teju Akindele, an accountant, said; “we know the risks of these programmes and we know how some people became suicidal after MMM failed, but we have all learned from that.

“We know that we have to put in only the money we can afford to lose and not the money we have kept aside for something important.

“It is important for Nigerians who are participating in these programmes or schemes to avoid becoming greedy.

“They should ensure that they don’t get tempted to invest more than they can because the programme has proven to be successful.

“I can’t blame anyone who is into this because the economy has not been too rosy in the last few months.”

Similarly, Mr Kayode Olusemire, an entrepreneur said that he decided to partake in Twinkas and a number of other schemes to support his business.

He, however, cautioned Nigerians not to invest huge amount of money as well as not to exceed a specific duration.

I took part in MMM scheme for a year and I lost some money at the end of the year.

“I later learnt of other schemes that paid more money than MMM and I decided to take part in some of them, but I will make sure I don’t exceed six months in each scheme.

“I believe Twinkas is making a reliable name for itself, so that they can attract more people into the scheme but I know it will fold up at some point in time.

“Greed is what makes people depressed after these schemes fail and we all know that these schemes have an expiry date after a couple of years.

“I also ensure that I invest only a certain amount of money and reinvest the profit made, that way, I wouldn’t feel depressed if the scheme crashes.

“The money I have gotten from these schemes has been beneficial to the survival of my business in this economy.

“As I wait for government to fix the economy, I think I will continue to take the risk with these money-doubling schemes,” Olusemire said.

Kindly share your views about your experience via the comment section.

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2 thoughts on “Reasons Why Twinkas Ponzi Scheme Is Slow In Payment”

  1. i dont knw wat u re talkin about twinkas has failed since 15th february i opened my acct up till now i av nt been paid,hw can i convince smbody to join witout anytin to show for it

    Reply

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