For many people who are waiting to get back their money from Twinkas, the scheme is playing dumb buy launching Twinkas Rebranded.
While the concept is fuzzy and confusing as always, it is a sign that owners of Twinkas have executed their exit strategy ‘clean clear’.
For many months, Twinkas admin denied that the scheme did not collapse and that investors will be paid all they are owed. It later became a mirage for many who discovered they were taken to cleaners.
For starters, Twinkas was a typical ‘give help and receive help’ Ponzi scam that was developed after the crash of MMM Nigeria, a major Ponzi scam that led to over NGN80 billion in losses to over 3 million people.
It gets more confusing
The Twinkas Rebranded concepts is not really clear from the shabby way they seem to communicate the idea. The scheme is also pushing the idea that it now has and runs a ‘Twinkas e-wallet’ there are no proofs on how the technology was developed and regulatory approvals that it runs.
In their usual manner, Ponzi schemes often make many bogus claims they do not substantiate. It further gets ridiculous as Twinkas claimed it now runs an eCommerce operations. There is no serious detailed information as to how the scheme qualifies to be an eCommerce company except for an error-ridden statement that “Trade with Tks E-Wallet Unit to activate money in Multi-level Marketting (sic)”.
A journey to the blog of the scheme turned out that the scheme is just repackaging its old sales pitch to appear as a new and genuine concept. See below:
Very much expected?
Despite all the cries of its investors to refund their cash, Twinkas has still not replied with any public statement. A Ponzi scheme analysts told PageOne.ng that Twinkas was created by top promoters in MMM Nigeria who made a fortune before the scheme collapsed in last December.
On its blog, Twinkas failed to comment on why it has refused to refund its victims, the admin would rather reply with another blog post to shade journalists. See below:
From the time of inception, we knew the problem with the human race especially country where people with unlike minds and dubious nature dwells. TwinKAS was created and designed for the good of those within the locality of its operation and in Diaspora. Integrity, confidentiality and reliability are the top priorities towards ensuring the safety of your investments. Currently, we have team of experts and expatriates working on your court cases and correspondences in a view of resolving conflicts.
How is this site ranked relative to other sites? Kindly visit: //www.alexa.com/siteinfo and enter twinkas.com
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.
Another analyst who reviewed the message said such statement is part of theinsensitivesentitive nature of Ponzi scheme owners.
He said from day one, Twinkas and every other Ponzi scheme were designed to fail. They usually promise their investors and or victims bogus returns, but they never make it happen. The scheme ends up folding up once new investors dry up. More than 90% of Ponzi scheme investors end up losing their money.