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Nigerians, be warned! ‘Teckmine Investment’ social media posts might be out to scam you

IN SHORT: Some Facebook posts claim that a newly launched investment platform can double your money. But “Teckmine Investment” is not a registered business and users should tread carefully.

A Facebook post claims that the newly launched Teckmine Investment platform offers potential investors packages that can help them grow their money. 

Part of the 30 September 2023 post reads: “Please don't miss Teckmine *TECKMINE:* This is a crypto mining platform where you earn money by activating your miner ones in 24 hours … *These are the four packages now....more are to come*...*4k package in 25days you get double of ur capital.

Attached to the post is a referral link that leads users to what appears to be the registration site. 

We found similar posts here, here, here, here and here.

But can the investment platform be trusted? We checked. 

Teckmine_Scam

Signs of a scam

One of the signs of a scam is a poorly written post that features random capitalisation and odd punctuation, as is the case with this post. Clumsy phrases such as “Remember our rule of investment invest what you can afford to lose” and “Invest in a stable site..not too good to be true site” should raise suspicion.

Africa Check searched for “Teckmine Investment” on Nigeria’s Corporate Affairs Commission and found no record of it. The commission is responsible for the regulation and supervision of companies in the country. A business not registered with the commission is not allowed to operate. 

We also searched for the platform on the Securities and Exchange Commission, an organisation that regulates the Nigerian capital market, and came up empty

Website verification tool, ScamAdviser, warns people to be careful when using Teckmine’s website. 

According to ScamAdviser, “teckmine.com has a very low trust score which indicates that there is a strong likelihood the website is a scam”. 

Protect yourself against online scams by reading our guide here.

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