FREEBIES || Twinkas: Despite Losing 18bn To MMM, Nigerians Rush For Another Ponzi Scheme06 Mar 2017
Twinkas: Despite Losing 18bn To MMM, Nigerians Rush For Another Ponzi Scheme
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,
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 greed,
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.
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.
Any financial deal done through any Ponzi scheme in form of virtual currencies for medium of exchange, is an internet based transaction not authorised by the CBN, because of the risks involved in its operations.