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Kalaco Scientific

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Kalaco Scientific Reviews

Liam September 22, 2010
Ponzi scheme
Kalaco Scientific is a stock scam that people who invested in their"debenture" would be paid 15% annually on total money invested, receiving a check for 1.25% each month. So, for example, if you invested 50, 000, you would get a check for $750.00 each month, until they either call the note in, or do an ipo, or if you wish to convert it to stock..after 8 months, I was informed by email that they have run out of funds, but will be giving investors an iou, and will have Great News shortly! Which they have been saying for 8 years.. I feel this is a ponzi Scam and am Livid !! PLease tell me what I can do about this Company, and the Scam Artist named Bob Scaccionnocci who is seling this Phony Stock

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