Twinkas Nigeria investment website software www.twinkas.com is mmm Nigeria system clone though not 100%
But the surprising thing is that in-spit of the huge amount those that invested in MMM Nigeria website lost many are still ready to try with other peer to peer platforms like Twinkas at (www.twinkas.com) Get Help World wide (www.gethelpworldwide.com) Naira propeller (nairapropeller.com) etc.
The systems looks like Mutual funds but it is not exactly the kind of investment Mutual funds provides, because they are not save investment opportunity like Mutual funds though return on investment the donation system is faster and comes with much higher percentage.
The peer to peer program provides short term investments opportunity and with its attendant higher risk as well
Reading the message below on twinkas website it looks pretty simple and easy but I am sure there is something they are not telling their members, see message below
How Twinkas Works
“When you Join, you will need to donate the sum of either N5000, N10000, N20000 or N50000 to a fellow member assigned by the system or your direct link, and the member will then confirm your donation and then the system will automatically assign 2 other registered people under you from spillovers who will also pay you the joining amount each, into your bank account, making 200% (i.e. 200% of N5000 is N10000, 200% of N10000 is N20000 200% of N20000 is N40000 and 200% of N50000 is N100000).
TwinKAS will assign referrals to pay you. After you have received payment from 2 people under you, the system will automatically EXIT you and allows unlimited registration (Your account still remains with Twinkas)
All donations are made directly to member bank account. Share TwinKAS to people and make the world a better place.”
But for as long as people continue to get their pay cheque and smile to the bank there is nothing you can tell any member to prevent him or her from investing.
All I can say for now is good look to the members but bear in mind it is a big risk you are getting into so trade with caution