Transcorppower.com.ng is a new platform that claims to offer opportunities for making money online. Launched on January 28, 2024, by Abdul Wahab, the platform invites individuals to invest money and earn returns through various investment plans. However, there are concerns and red flags about the legitimacy of Transcorppower.com.ng, particularly related to its reliance on a referral-based marketing strategy and the potential risks associated with high return on investment.
How to Join Transcorppower.com.ng
To join Transcorppower.com.ng, you can follow these steps:
- Visit the website: Transcorppower.com.ng
- Click on the registration link: Registration Link
- Fill in the required information to create your account.
- Deposit a minimum of ₦2,000 to activate your account.
How to Make Money on Transcorppower.com.ng
Transcorppower.com.ng offers several investment plans with varying durations and returns. Here are the details of the investment plans:
- Trans power 1: ₦2,000.00, 15 days, 250%, ₦250.00 daily, ₦3,750.00 total
- Trans power 2: ₦5,000.00, 48 days, 350%, ₦350.00 daily, ₦16,800.00 total
- Trans power 3: ₦15,000.00, 45 days, 1000%, ₦1,000.00 daily, ₦45,000.00 total
- Trans power 4: ₦35,000.00, 45 days, 2200%, ₦2,200.00 daily, ₦99,000.00 total
- Trans power 5: ₦50,000.00, 32 days, 4500%, ₦4,500.00 daily, ₦144,000.00 total
Investors can choose a plan based on their investment capacity and risk tolerance.
Transcorppower.com.ng Investment Plans
Transcorppower.com.ng provides various investment plans with different durations and returns. The plans include Trans power 1 to Trans power 11, each requiring a different amount of investment and offering different percentages of returns.
Make Money on Transcorppower.com.ng Through Referrals
One way to earn money on Transcorppower.com.ng is through referrals. By inviting friends and family, you can receive a weekly salary of up to ₦100,000. The referral commission structure is as follows:
- 10% of your level 1 recharge
- 3% of your level 2 recharge
- 1% of your level 3 recharge
This referral system encourages users to bring in more people to the platform.
Is Transcorppower.com.ng Legit or Scam?
Despite the enticing investment plans and referral opportunities, there are several red flags associated with Transcorppower.com.ng:
- Dependence on Referral Marketing: The company heavily relies on referral-based marketing for publicity and attracting more investors.
- Lack of Clarity: The promotional materials lack clarity about the actual products or services offered by the company.
- Ponzi Scheme Operations: There are concerns that Transcorppower.com.ng operates as a ponzi scheme, and its compensation plan seems to heavily favor those at the top of the pyramid.
- High Return on Investment: The company promises a significant return on investment, which is often considered a major red flag in investment platforms.
Transcorppower.com.ng poses potential risks, and users are advised to exercise caution. The platform’s heavy reliance on referrals, lack of clarity in promotional materials, and the high return on investment raise concerns about its legitimacy. It’s crucial for individuals to join early, invest wisely, and only invest what they can afford to lose. As with any investment opportunity, thorough research and understanding of the risks involved are essential before making financial commitments.