Home - BUSINESS - Twinkas Emerges To Replace MMM

Twinkas Emerges To Replace MMM

Twinkas, another money scheme similar to the troubled MMM, has started trending with memberships in different categories.

Twinkas said it was created “to promote the greatest good, with a particular emphasis on helping the man and the environment’’.

According to the scheme, it had successfully revised all technical and logical issues about the front-end and has provided mobile numbers to help facilitate the money exchange process.

 “We are gradually restoring our CRM Modules (Live Chat, Ticket, Mobile Calls) to enable us get in touch with you regularly.

“We have switched to STRICT MODE, meaning zero tolerance. Hence, we will not entertain any form of uncanny behaviour from sponsors/downlines.’’

The new Scheme has rolled out some conditions, including the warning that prospective investors must keep their mobile phones open most of the times and be online in order to succeed.

“If a sponsor’s mobile is switched off or not answering calls for about 6 Hours, Twinkas will have that account blocked.

“If a sponsor fails to activate his/her referral after receiving payment, Twinkas will have that account and subsequent accounts connected to your bank and mobile number blocked.

“You are advised to have an online banking Application on your mobile phone to help facilitate the process. Mobile numbers will be displayed on your dashboard. Please save them and do not receive any call from other lines claiming to have emanated from Twinkas.’’

READ ALSO: Finally, MMM Nigeria Begins Payment Of Mavro

The Scheme, however, warned investors against pestering any of the numbers for trivial Issues.

“These numbers should be called only in the cases of emergency, hacked accounts or other serious Twinkas related issues.

“Use the “Live Support” and the Ticketing System (Still in View) for only serious Twinkas Issues also. We know those working hard for Twinkas, your reward will be a surprise!.’’

According to the website, www.twinkas.com,  Twinkas’ Classic now has 198,985; Professional with 117,290; Twinkas Premium has 117,147 members; the Ultimate with 170,322 members; has zero members under the Vetreran category.

Any amount invested in each of the categories would attract double the amount after one-month maturity.

Under Classic, members are expected to invest N5,000 with V10,000 return Investment; and subscribers on the Professional platform would invest N10,000 and with N20,000 Return.

Under the Premium level of N20,000 investment, investors would get N40,000;

Ultimate with a contribution of N50,000 attracts N100,000 return.

The Veteran scheme is N100,000 investment with a return of N200,000 but no one has yet to invest on the platform.

Concerned citizens and financial institutions had warned against participation in these Ponzi schemes because they are fraud.

Many Nigerians were warned against investing in MMM few months before it became distressed and had yet to fully oblige.

Nigerians have been warned by the Central Bank of Nigeria (CBN) not to deposit money in any institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC).

The bank through its the acting Director of Corporate Communications, Mr. Isaac Okoroafor, warned especially on the trending MMM Nigeria community.

Okoroafor said: “At times like this when the economy has suffered some decline, Nigerians should be very careful with those they deal with. Any institution that is not licensed by the CBN to accept deposits should not be given money to keep under any guise.



Leave a comment

Check Also


Banks Jostle For Govt Bonds As Non-Performing Loans Soar

The Nigerian government is offering such good rates on bonds and Treasury bills that the …

Leave a Reply

Your email address will not be published. Required fields are marked *