- it is a Ponzi or Pyramid Scheme

Twinkas, located at, which the owners claim is a fast peer-to-peer donation where members can make 300% interest on their money within a month, is a Ponzi or Pyramid scheme. Online users are advised not to register with the website or become a member. And, those who are already members are asked to stop making payments to the website. - it  is a Ponzi or Pyramid Scheme - The Ponzi or Pyramid Scheme Website is consider a scam because they promise members or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public, making them appealing to people who want to make some quick cash.

Why is a Pyramid or Ponzi Scheme? is a pyramid or Ponzi scheme because they do not do any form of investments, sell products or services to make money. Instead, they take money from new members that old members recruit, to pay the same old members. If fails to recruit new members, they will be unable to pay old members, which will cause the scheme to crash. Once the scheme crashes, the owners will take whatever money they have collected and disappear.

The owners of just collect money from new members, and pay some out to old members and keep the rest for themselves. That is all they do. Once the pyramid scheme fails, new members will suffer the most, because they will not get back a single dime of their so-called investment. For the owners, it will be a big payday for them, because they would have already collected thousands or millions of dollars from their members or participants.

What is a Pyramid or Ponzi Scheme?

A pyramid or Ponzi scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.

In a pyramid scheme, an organization compels individuals to join and make a payment. In exchange, the organization promises its new members a share of the money taken from every additional member that they recruit. The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative - whether or not they do any work, the organization's membership has a strong incentive to continue recruiting and funneling money to the top of the pyramid.

Such organizations seldom involve sales of products or services with value. Without creating any goods or services, the only ways for a pyramid scheme to generate revenue are to recruit more members or solicit more money from current members. Eventually, recruiting is no longer possible and most members are unable to profit from the scheme.

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Comments (Total: 15)

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  • August 29, 2017 at 7:34 AM by an anonymous user from: Lagos, Nigeria

    Thank you for this useful information. GOD will bless you all. I registered with Twinkas and provided help of Fifty Thousand Naira #50,000 in May 2017 and I was to get help. It is too bad they scamming innocent people.

  • July 28, 2017 at 12:49 PM by an anonymous user from: Oye, Ekiti, Nigeria

    Thank you very much; God bless you all, please what of Are the real or scammers also?

    • July 28, 2017 at 3:17 PM by info

      Yes, they are also scammers.

  • March 29, 2017 at 7:30 PM by an anonymous user from: Lagos, Nigeria

    The following message is another reason why we should be careful of Ponzi and other fraudulent websites. The message below was sent to us by a hacker trying to convince us into creating Ponzi websites like Twinkas:

    - start of message -

    "WANT TO CREATE A TOP FUNCTIONAL PONZI SCHEME WEBSITE? OR WANT TWINKAS SCRIPT(Complete PHP Software In .Zip Format). We Can Help Setup Everything From A-Z In 3 Days.

    We are the qualified freelance to be hired for your web project (Company Portal, PonzI Scheme Website, Organisation Portal, Institution Portal, Personal Website, Social Network, Blog, Discussions Forum, Music/Videos Download Website Etc) We have a lot to offer you and I'm here to introduce to you:

    (1). We can help build your own PonzI Scheme website with latest template design or get Twinkas Script.

    (2). Search Engine Optimization(SEO) And Other Web Promotional Services.

    (3). We help you host your website on a secured web hosting server.

    (4). With cheap custom domain name ".com,.net,.org,.mobi,.biz," etc and get the website well set/completed.

    (5). Most important, we help with web promotion and drive traffic to your website.

    (6). Advertise Your Website With Us, We Buy You Traffic Base On Your Preferred Locations."

    - end of message -

  • March 18, 2017 at 7:03 AM by an anonymous user from: Lagos, Nigeria

    It's been 1 month and and 2 weeks paid altogether N120,000. yet I have not heard nor received any thing from twinkas. twinkas Why?

  • March 14, 2017 at 1:57 AM by an anonymous user from: Lagos, Nigeria

    My name is Onyejuliet, up till now I have not been assign referrals even many members that registered under me have not been assign referrals too. Twinkas what is going, or you guys want me to pay another when I have not collected? Its unfair, at least pay new members under me because they are crying on my neck. Please do something, please.

  • March 14, 2017 at 1:51 AM by an anonymous user from: Lagos, Nigeria

    For a month now I have been assign referrals, even people that registered under me are yet to receive or get their referrals, what a pity twinkas.

  • March 4, 2017 at 4:09 AM by an anonymous user from: Lagos, Nigeria

    MY Name is NgozI, my account is 0051612622. I paid in since three weeks and three days ago, but have not been paid. Please, is Twinkas real?

  • March 2, 2017 at 9:47 AM by an anonymous user from: Lagos, Nigeria

    Has Twinkas .com failed? Stories are going on concerning the fraudulent scheme.

  • February 16, 2017 at 9:54 AM by an anonymous user from: Lagos, Nigeria

    Why is all this Ponzi/Pyramid Scheme every in Nigeria? I begin to notice their presence in 2014.

  • February 15, 2017 at 3:29 AM by an anonymous user from: Lagos, Nigeria

    What about Flashdonate, penihub, loopers are they all in the same category with Ponzi?

    • February 15, 2017 at 6:57 AM by info

      We are researching them.

  • February 13, 2017 at 1:36 AM by an anonymous user from: Lagos, Nigeria

    My name is EdekI Emmanuel: My Sponsor number is not working and I have been direct to paid money to her account and website show network error.

  • February 13, 2017 at 12:31 AM by an anonymous user from: Oye, Ekiti, Nigeria

    Thanks. Which is the best site to invest your money?

    • March 3, 2017 at 5:40 AM by an anonymous user from: London, England, United Kingdom

      No good site in Nigeria, all of them are scam.

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