Our Intel team received several requests to review the website CALA (bocalazer.com), below is a review.
What is CALA?
Its website has this: CALA is a technology company specializing in research and development of AI technology with its base in Armonk, New York, USA, etc. A PowerPoint document on its website claims CALA was incorporated in 2019.
CALA claims they are based in Armonk, New York, but they do not supply an address to back it up. As to their claim that they were incorporated in 2019, a perusal of their website turned up an FinCEN/MSB registration, a certificate of good standing from the state of Colorado in the USA and a business name registration from the corporate affairs commission Nigeria. It is worthy to note that all three documents show dates in the year 2022, see below.
The question is where has CALA been since 2019? For an organization that is so eager to display the above certificates on their website, why do they not display a certificate of incorporation showing that their business was indeed incorporated in 2019? The absence of such a certificate shows that their claim of incorporation in 2019 is bogus.
Also, note that the above documents do not confirm any form of legitimacy to CALA. The FinCEN/MSB document clearly says “The inclusion of a business on the MSB Registrant Search Web page is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency.”
As for the registration with the CAC, why did CALA opt for a business name registration as opposed to an incorporation? It is well known that a business name registration is cheaper and requires less documentation in comparison to an incorporation. Remember, CALA claims to be an international company that has been in operation since 2019. So why do they not want their company to be incorporated in the country where they are doing business? It is that they cannot afford it, or are they trying to avoid having to give more documentation that would expose who they are? These are questions begging for answers but do well to note that such a registration is unbecoming for the type of organization they claim to be.
SCUML Certificate
Cala also displays on their website a Special Control Unit Against Money Laundering, SCUML, certificate.
Does this mean that CALA is legitimate? To answer this question, we must first consider how one obtains this certificate and what are the regulatory requirements, if any. Visiting the SCUML website, we can see the requirements for several types of businesses. For CONSULTING COMPANIES under BUSINESS NAME (CALA’s category), these are the requirements:
- Certificate of Incorporation
- Form BN-01 (Proprietor’s Particulars)
- Tax Identification Number (TIN)
- BVN, Bank Name and Account Number
- Relevant Consulting certificate
Once these are provided, a company can be registered. Notice that the above-listed documents are not hard to obtain. As such, any company can get registered for SCUML and display the certificate. Hence, having this certificate is no proof that CALA is legitimate.
Who owns or manages CALA?
Knowing the owner or management team of a company can help you judge if they have the capability to effectively run such an outfit. There is no information as to the owner(s) or management team of CALA on their website. This is another huge red flag.
Verifying the CALA Robot Claim
In the PowerPoint document on CALA’s website, the fourth slide with the heading “Vision and Mission” as already captured above states that “The CALA robot automatically searches and trades between exchanges based on price diffrence (Buy Low – Sell High) to bring stable profits to its investors.”
We decided to register an account with CALA to verify this claim. Below are two screenshots from the platform
Clicking the “Help guide” button leads to the Help center which has three questions and answers the first of which says:
“For example, the BTC/USDT transaction at Binance and Gate remains price differences. In case you buy BTC at Gate, then send it to Binance and sell it immediately, you can get more USDT thanks to arbitrage, then you send USDT from Binance to Gate and buy BTC. This cycle continues repeatedly, earning profits from price differences.“
To reiterate, CALA claims their robots can automatically search and trade between exchanges. The first obvious question to ask is which exchanges? Exchanges are not like your local market where you just walk in and buy from any seller. First, you must have an account and to do a trade your account must be funded. Note that CALA nowhere explicitly says which exchanges their bots trade on, what we have in the screenshot above is prefaced with “For example” meaning they are giving a scenario, it does not mean their bots trade on Binance or Gate. The standard practice as seen in the industry by those who supply bot services such as Coinrule is to list the exchanges their bot will be trading. Then you will have to open an account on that exchange and get an API key to put into the Coinrule bot so that it can be activated to perform automated actions on your behalf on that exchange. You can read about the process here. Is this how it works with the CALA bots? On the CALA platform we did not find anywhere to input API keys for exchanges, what we found were six categories of bots for sale.
The first bot, Robot 0, is free while Robot 1 to 5 requires payment for it to be deployed.
Clicking on the button “Pay 0.00” deploys Robot No. 0
After 21 minutes of being active, Robot 0 reports that it has made a profit of 0.002756 USDT.
How was Robot 0 able to make such profit in just 21 minutes? We ask this because of the nature of crypto arbitrage which comes with several challenges. Most exchanges charge fees on trades, deposit and/or withdrawal which would reduce profit margin, coupled with the high volatility of cryptocurrency pricing which can change quickly, it all seems too good to be true. Notice that we were never asked to input API keys for any exchange which makes it highly probable that CALA’s claim of doing arbitrage is not true.
Moving on, notice in the screenshot of our profile above, we were given an invitation code, this can be shared as a link, so anyone who signs up using the link will be a downline.
Once the person you referred makes a purchase (pays for a robot) you get a robot as a gift based on the amount the person paid, see the screenshots below.
This has all the features of a pyramid scheme. A question to ask at this point is if the profits being posted by these Robots are true, what is stopping CALA from running them and making a huge profit? They can deploy all these bots on their own infrastructure and make a lot of money, so why ask people to pay for them and ask them to refer others who will pay? If you had bots that would consistently give you profits, would you sell them off?
Putting it all together, CALA claims it was incorporated in 2019, but the available evidence points out otherwise, its owners are unknown, it is unregistered and unregulated, there is no evidence that it does arbitrage, and it has a pyramid component. We recommend that you avoid this platform.
Update
The extant law of the land requires that any entity soliciting investments from the Public must be duly registered and its scheme authorized by the Securities and Exchange Commission. A search on the SEC database returns no results for CALA meaning that it is an unregistered entity, and its scheme is unauthorized. For the avoidance of doubt, we reached out to them, and this was their response.
Thank you for your inquiry.
Please be informed that Cala Fintech Services Limited is not registered with the Securities and Exchange Commission (SEC).
You may wish to know that the SEC, as the apex regulatory authority for the Nigerian capital market, registers and regulates operators to ensure the protection of investors and maintain fair, efficient and transparent market. Thus, any person investing in any unregistered entity does so at his or her own risk.
For purpose of investment, you are advised to log on to www.sec.gov.ng for the list of registered capital market operators with valid registration status, please.
177 Responses
This was really insightful, were you able to withdraw?
No I wasn’t able to withdraw from the Cala account
Nice one!!
Thank you for this painstaking and indepth review. I hope people overcome their greed and do not succumb to this scam.
I appreciate you guys for putting up such an amazing information,
Now I would love to know if it is advisable to invest in cala….?
Again is there any other platform that like cala that recommendable….?
It is not advisable to put your money in Cala
Why have you said so?
Because the scheme has crashed already
. Just as predicted.
Binance is the most reliable platform to buy and sell cryptocurrency,… I don’t trust Cala.
https://www.binance.info/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00L35T2YG4
Uhnmm, but people who invested are catching out and making their profit, what are we to believe ooo pls
That a scheme is paying is no proof that it is legitimate. It could function as a Ponzi scheme, paying older registrants with the money of new entrants.
The only way it could get exposed is if one stays for a long period of time
Mmmm point
How can I follow you for updates on online platforms?
Follow us on social media @nogofallmaga
My comments on the above Exposition:
1. CALA is not a Ponzi scheme where people are paired for reward.
2. CALA robots are programmed to trade with specific funds put in them.
3. The proprietors of CALA do not have the volume of money to trade compared to the volume coming from the public.
4. As for the registration, no government or agency registers a company that is faceless. They just did not want to put their names for security reasons.
5. CALA has offices and staff that are reachable, at least in Lagos Nigeria.
Do you still hold these view now that the company is nowhere to be found and has made away with people’s money? It’s either you did not read this information or you are gullible. Again, they were not registered as a company.
Do you still hold the views that you held before? Some people def and gullibility na 5 & 6
Me too am confused o
So true . No Ponzi scheme is a good investment is like robbing Peter to pay Paul . When you don’t have Peter again to rob how do you pay Paul ? Collapse surely . So not advisable to invest in any Ponzi scheme . Be wise as Serpent. MMM 😋
Cashing out?
They were launched in Nigeria this month (I hope I’m not mistaken) and it takes 30days to cash out.
Are you certain there has been a cash out for real?
So far so good, I still cash out last week. The point is: know when to quit
excellent review thanks for clearing my confusion.
Thank you very much for this review. My friend asked me to join CALA, so I registered myself with his referral code. when i want to deposit my money many questions pop up in my head asking about who owns this company? where is the company located?, etc. And luckily I found this review! After I read this review it led me to believe that CALA is a SCAM.
You are wrong to just assume CALA is a scam. Has anyone reported that he was scammed. I came into CALA in February 2022 but I started real investment in May and since then I have not been scammed. So also are the over 300 people under my registration.
Mr Obuke, how market today?
Reply the question, how market today
If cala is a scam then your bank and every other bank in Nigeria are all scam because we pay our money into cala through all this bank
All lie’s CALA Is paying! It has been paying me for the past 3months, I don’t believe This builshit. There office Is in Lagos CALA Is not scam and I’m believing in my heart that Is not closing anytime soon. Life is a risk take It
Contact me I will guide you
miracleosinachip@gmail.com
08082658777- call or wassap.
Please everyone should avoid This platform called CALA it was paying but as At today 2-11-2022 is another ‘story. My almost $2000 Dallas Is pending in CALA account Now They can’t allow any One withdraw they have scammed Us again
I was about registering, even then I still need answers to my questions, so I started asking on the WhatsApp group, the man answered my questions on what the both trades on, why is the profit fixed and how they manage loss without affecting the investments but when it gots to the exchange and why there’s no list of varieties the man started showing me proof of his own withdrawals, I concluded that the owners of CALA are taking people’s money for themselves to trade and give people back their money bit by bit with interest later
It is not a trading platform, how is the bots trading,on which exchange it is trading,why can’t the cala bots be used on a user’s choice of exchange? This are questions left unanswered
I’ve registered to take the risk, but I still have so many doubt in my mind.
If something seems too good to be true, it probably is too good to be true.
Exactly, I have also registered but now I’m sure it is a scam.
I also registered and sure it’s a scam.
I am a beneficiary of Cala since March. It is great you reviewed cala. Sorry it came too late for me. I am glad I am part of CALA even if it crashes today.
Meanwhile, not all information provided here are true
Now that you’ve been two months, tell is, did it pay you?
Hi can you explain?
Where you able to withdraw?
Same a friend has been disturbing since that April that I should join, joined lately but I told him if anything happens at the long run we would share the loss and he agreed. So maybe before it crash landed I must have got my capital I joined some days ago pray for me December is approaching I pray it will crash off this December Sha like mmm
A friend has been doing it for over 4 months now and has been cashing it. I know it’s like ponzi but am afraid it will crash immediately I join. So I refused to. I’m available for genue on line investment.
I have that fears too. Lol
GUYS EVERY ONLINE BIZ IS FULL OF RISK, SCAM OR NO SCAM, IT’S ALL ABOUT RISK-TAKING. I HAVE INVESTED AND SERIOUSLY CASHING OUT WEEKLY. PAYMENT HAS NOT BEEN HALTED EVER SINCE AND MY CAPITAL HAS BEEN RECOVERED AND EARNED MORE THAN 4TIMES.
Good review, but we all need money to pay bills. For those of you that come up with this review and have a legit source of making passive Income ABEG MAKE UNA GIVE US UPDATE.
My friend put your fears away and invest in CALA. It is a genuine business. It is those who do not understand the Crypto world that are condemning or running it down.
Guys, I’ve done something like this before. It’s a scam no doubt. They will disappear in a few months. Your ability to withdraw is just to trick you into investing big money. They have a planned range, when it gets there, they will disappear. Please Beware!!
This is very true. It happened to me at HKBmine. I don’t know if anyone has heard of that. After referring people and cashing out, they disappeared, making me look like a 419er.
Excellent review, thank you so much for this eye opener.
They will disappear once the contribution from new entrants cannot meet up with the so called interest they pay early investors, once demand for interest start to exceed new contributions less the amount set aside as their own gain from the scam they will vanish.
Thank you for this in-depth review… very helpful
The moment I saw vip 1,vip 2 n so on I lost hope. It is scam to me
From so far I have studied and benefited from them, I’m not here to defend them but to let you understand the meaning of those VIPs you see, there are your experience points, e.g if you were ending 0.1… each day and you got a referral that was able to make 2.0… each, you too will be elevated to an experience point where you will begin to end up to 2.0… For a start you’re expected to end half of your capital plus your capital still intact but once your experience point have been elevated you can start ending more than your capital or up to your capital plus your capital intact, so you will have double of your capital.
Anything that has to do with referrals making up upgrades for upline is purely a ponzi.
my question is that, who are we to right if anything happens?
Guys so i have done some background checks on the company and they now have a branch in Nigeria, located at PLOT PC 31 CHURCHGATE STREET(Formerly AFRIBANK STREET), VICTORIA ISLAND LAGOS. You can visit the company anytime if you want more details before investing on their app platform using AI robot technology to trade for you. Both deposit and Withdrawals are seamless and very flexible. You can invest as low as 30$ for a start depending what you can afford.
Their Customer support is active in real time as well both WhatsApp and telegram channels. They are already gaining presence in Nigeria as earlier stated and approved by the EFCC. You can reach out to me if you need further proves.
This comment is false and misleading. You write “They are already gaining presence in Nigeria as earlier stated and approved by the EFCC.” The EFCC cannot approve any Investment platform as that is not their statutory function, their job is to investigate financial crimes. The agency in charge of approving and regulating investment companies is the Securities and Exchange commission, and CALA has not been approved by them. That CALA has a physical address does not in any way show that they are legitimate. Afterall, NBA forex and investment had more than 10 offices spread over Nigeria, and they still ran away with billions of investors’ funds.
You claim EFCC cannot approve Cala?
Which section of EFCC approved them?
The certificate took four (4) months to be approved by EFCC.
I started my first investment on 5 February 2022, and have never had any fraud or heard of any such, if you claim they are a scam prove it.
Not all the concerns you raised here.
And claiming a comment is false shows your motives that you want to scare people away from Cala, meanwhile those who believe you are only limiting themselves from making money from Cala.
I have proof that Cala is real, in fact, they are the best thing that happened to me this year.
The Function of the EFCC is clearly stated on their website https://www.efcc.gov.ng/about-efcc/the-establishment-act
It says: “The Commission is empowered to prevent, investigate, prosecute and penalise economic and financial crimes and is charged with the responsibility of enforcing the provisions of other laws and regulations relating to economic and financial crimes”
Please, where does it say approval?
How did you know it took CALA (4) months to be approved by EFCC? Also, you claimed your first investment started on 5 February 2022. But according to the CAC certificate, CALA was registered on 4th March 2022. So, you put your money in an unregistered company by your own admission. So why are you using certificates to argue for their legitimacy when you don’t clearly believe in the certificates, since you had already invested before CALA was registered?
A last point about the SCUML certificate that goes back to my question about how you know that it took CALA four months to get it. The date of registration on the CAC certificate is 4th March 2022. The date on the SCUML certificate is 23rd May 2022. The space between the two is about two months. As already stated in the report, one of the requirements for SCUML certificate is a certificate of incorporation from the CAC. Hence, it is not possible that the certificate took 4 months as you claimed, since counting back 4 months from the date on the SCUML certificate, CALA was not yet incorporated. Are you intentionally trying to misrepresent and mislead people?
Of course
He’s obviously one of the founders. Rippers.
This exactly how the end times and rapture will look like.
You will preach truth to them but many will still miss it
Truth talk
Have you forgotten that inksnations had offices in every village across the country? Didn’t it end in premium tears at the end?
Exactly bro. My money has gone too on inksnation.
Good morning Sir. Please are you confirming the fact that they are not scammers. Someone told me about CALA two days ago and I’m almost about to invest.
Am crying seriously because a friend of mine just introduced me to the business last month and put in all my money, I suppose to start nursing training next year January but i don’t know where to start from #3,75000 is not a child’s play.
Oh God help me 🙏🙏🙏😭😭😭
You never see something
Hello well don , No one know that bitcoin will stay till day. But surprisingly Bitcoin has come to stay. Many people then didn’t invest in bitcoin claiming it will collapse. I beliefs you pls carry me along. Thanks Nate
When did EFCC start approving operations of company
Lol
Then why is it that Cala stopped withdrawing ?
I need there costomers care contact,,
God bless you for the nice in-depth Investigation you just saved me from loosing my hard earn thousands
Interesting review. I’ve invested and made my capital plus more profit. If mind allowe you do invest, then invest, if you’re not sure of it, find a job or another means of livelihood. Nobody is forcing anybody.
https://web.sabrinascala.com/#/regist?invite_code=24086282
This is. Scam no concrete address of the company and there is no details about the owner of these said company it’s a scam I remember when I invested on IPC capital trading robot they also disappear with investors money and they are no were to be found
We are on the same boat
wow, you guys’ are wonderful i almost fall victim, you remembered MMM started like this indeed those who first invest will get their pay just to attract more both local and foreign investors but my spirit is telling me that this platform will soon crash those of you who have invest already the little you have gain quickly withdrew your serving, i can not personally recommend the platform to any one yet, having CAC registration certificate does not authenticate the platform we have seen several platform with CAC certification yet crash at the end please shine your eye, there are many ways you can invest your money rather than some of these unsecure platform thanks
I joined CALA recently but surprisingly the app goes blank each time I want to log in please help oh! I want to withdraw fast!
E so pe.. OTiLooooo 😭
This candid analysis was in depth
One way I recognize a scam is this—- how will d company make their money back if I invest
Once this is not clear, tell u it will not last long so run oo
What about the fourth certificate sign by state of colorado and talk about arcles of incorporation with document of 20221039897 of cala Colorado corporation. What do you have to say to that
It is a certificate given upon incorporation. The fraudulent scheme Intelligence Prime Capital ltd was similarly registered in Colorado https://www.sos.state.co.us/biz/CertificationViewer.do?masterFileId=20211554024&fileId=20211554024&certId=14216557&nameTyp=ENT
please what are the ways of investing money that’s better than cala please say ???
Are you in Colorado ? Can you contact Colorado to ask if that was authentic or not 🤷♂️ My dear run oh oh
Hmm
I believe cala is scam for sure
But I’m investing just feel like taking risk
I pray I won’t regret it
Amen
So, you know something is a scam and you still want to put your money into it? So, your hope is that you will gain from the loss of others. How are you any better than those behind this scam?
True Talk thank you
Only the name sef suggests ponzi.
“Cala” , it means wise up in Nigerian local slang.
Guys wise u ooo.
People don’t learn from history sha.
Thank you so much for the review, Really appreciate greatly. Please do you recommend Proincomefx…?
Nope, Proincomefx is a scam.
What would you say bout OMEGA PRO ?
Not trying to run advert for them yeah but do you think it’s legit or scam ? Or is it another Ponzi scheme that want to rub Peter to pay Paul ? Tnks
It is a Ponzi Scheme.
Someone just introduced this to me so I told the person I was gonna make my own research about CALA platform. Thank God I did. Knowledge they say is power. Thanks for this brilliant review.
The truth be told, any Investment that requires Referrals to earn profit is a scam..
Am sure Cala will not last till The End of the year.
It doesn’t require referral to end profit, you can still make your profits without referrals. The referral is there to link another who is interested but there will also appreciate you who referred that person for bringing in a new customer that’s the idealism.
Please make good research about anything before running into conclusions of condemning it, life in its own is a risk, and wether you condemn it or not especially without giving it a trial, there are people who have made and are still making money from it, and making wise use of the opportunity they’ve gotten.
Funny the guy who told me bout it didn’t even say u have to refer bfor you get paid . Even if I don’t have to refer all is see in cala is Ponzi
Hmmmm……thank u for this insight.
A friend of mine said she Communicated with d owners of CALA..they said dey are impressed with her coz she invested a very huge amount and they would love 2 meet with her wen dey get 2 NIGERIA..I’m really confused coz I also feel like investing..plz what’s ur advise?
You should ask your friend how she knows that they are the owners of CALA, what proof did they give her? She should also ask them why they are running an unregulated and unregistered investment scheme, why didn’t they get registered with the securities and exchange commission? Our advice is don’t put your money into CALA, it is a scam.
That’s how they all do, they will later make him/her an admin with one of their social media either telegram or WhatsApp. It doesn’t mean they ain’t going to scam you still.
That’s what currently going on with one site named #Huge. People that are already criticising them on their telegram group later became their an admin and later delete their critics the next day. They are not to be trusted.
Thank you for this painstaking and indepth review. It was really helpful. I no go fall maga o!
CALA is a scam but all thanks to in the review
Thanks to you guys for this information.someone refer me but I was still thinking about it.till I got this information.u nearly lost my thousands.run ooo Nigerians 😂🤣😅
Well, my candid advice to anyone investing in Cala is to invest only what you know you can afford to loose. As a person, I have also invested on some Bots which has been generating profits for me on a daily and monthly basis, but all the same, I will advise anyone investing on it to thread softly to avoid stories that touches the heart. Thanks
hmmmm Nigerians can never learn their lessons.
You said that having a SCUML certificate doesn’t mean that CALA is legit, how? Do you think EFCC issues out this certificate if financial companies didn’t meet the requirements?
If this company has no certificate of incorporation, will it be given SCUML…
Are you trying to say that having SCUML which is a section of EFCC doesn’t mean a financial… is legit?
Thanks for your indepth analysis of CALA and your reference to other fraudulent schemes. Can you please recommend other schemes that you have analyzed and found reliable?
At No Go Fall Maga, we believe in teaching men to fish rather than giving them fish. Kindly read our investment scam handbook which has all you need to know to spot a fraudulent investment scheme https://nogofallmaga.org/investment-scam-handbook/
Thank you very much for this review. The truth is that many Nigerians are illiterate when it comes to investment. Any investment promising any return higher than what traditional businesses will earn is a scam. When MMM crashed in 2016/2017 my wife told me it will still come up but in different forms and that many people will still do it. I have two colleagues where I worked who lost about a million each to MMM and they are asking me to do CALA. I told one of them yesterday that it is a scam even before I read this review. There is no amount of preaching that will stop the fools from falling maga.
I rest my case.
Anyone who invites you to come and make money is surely using you to make his or her own money, hence, it will surely end in scam. No one sees where money can be easily made and invite others. Invest in production of vegetables which gives returns in a short time and you need a small space to start. You can use your backyard instead of weeding the space all the time for nothing.
Thanks for this information,I have fall victim to 86z April 2022 I Lost 227k since then I have promise never to fall to the hands of these criminals again
Thank God I found this. just couple of minutes ago I was introduced to Cala. And I had to search if it legit or not and luckily I read all the reviews and all I can say is Cala is not legit. Someone should recommend me to any investment platform please.
I am really glad and grateful for this review God bless you.
I invested in CALA since May 2022 and I have been cashing out anytime I want too, I thought it was genuine and real, I started telling people about it, but just one person was able to join from the people I told about it. You know, CALA has agent that is working for them I think, immediately u join, they add u directly to their WhatsApp CALA group. When I needed assistance I clicked on the help line which is on WhatsApp, I was given the help that I needed, but some month after, the person will pester me that why am I not referring people, I told him I am but they are not just interested. He will say u can earn more if u refer people, at a point he was said, that “are you there? If you only know how to make money, there is no need to be in CALA. We don’t welcome you. Because you can’t make any money. Don’t advertise and promote”, “I think you are investing in the No. 1 robot for a month or two without developing your own team. Just leave CALA”, because my team doesn’t need you”, Are you there? Why haven’t you developed your own team?” you have to work hard”. Those were the persons words exactly.
Not long after I just saw that I have been removed from their WhatsApp platform, simply b because bcos? Only God knows, maybe I am a bad market for them.
Reading this review now, had one my eyes that CALA is indeed a scam, once they reach their target, they might just vanish.
A word is enough for the wise. If they were genuine and real, why will they threaten, why will they remove me from their group without committing any offence.
The thought of one dat, CALA app might not open again popped up in my head, where will I go to look for them, even if they have office, will they still be there once their target has reached.
Tooor.
Good day to all.
You are all right in your own ways but I want you all to know that there is no investment without risks. The truth is that you invest what you can afford to lose. Not taking risks at all is the worst thing that can happen to anyone. LIFE ITSELF IS A RISK.
I agree with all you said, as long as it is only your own money you are risking. No one can stop you from spending your money anyway you like, but why do you need others to take the same risk as you? You are telling people to invest what they can afford to lose, so their loss become your gain, isn’t that selfish?
Even though there are some avoidable risk yeah . So if I can avoid it why do I need to invest what I can afford to loose . No penny is worth loosing . U worked for it nah .
You spoke right that’s why I don’t force my subordinates, I told them everyone is at there own risk
But you introduced them, why didn’t you take the risk alone? Why must your taking a risk involve others?
Another question is that they don’t do KYC verification. You will just register with your phone number and email… Another clause that baffles me is that deposit can be made irrespective of the account name the fund is coming from as against other legit trading platforms where the fund can only be deposited from an account that has same name with the name on their platform.
Thanks for this review
I am a Cybersecurity Specialist. I am still investigating CALA. Your review raised issues that are well known to anyone knowledgeable in credibility investigation. You mentioned Binance as a credible crypto company; and Binance and other legitimate crypto companies have ther logos conspicuously displayed on CALA index page as a mark of loose partnership, affiliation or ‘shoulder-flock’. Is this not curious enough to form the major fulcrum for your investigation? Is Binance, and those other companies not aware that Cala exists and their corporate identity is visibly displayed on their website? Is the EFCC as a recognized global body not aware of CALA, and noticing the interest it currently generates, performes due deligence and issues a statement; noting that the SCUML Certificate is lending an iota of credibility to CALA? Your investigation is yet unfinished, and not enough to educate your audience as you have wisely choosen to do. Get across to Binance and other companies clearly displayed on CALA for a rebuttal; contact FCCPC, JRETF. EFCC, CAC and CBN Fraud/Scam Alert Desks and post their react. I am still in doubt if your blog writeup is seemly not a product of competition. Please prove me wrong by doing the correct thing, and not only earning a spot on Google SEO.
This your statement is a classic “whataboutism”. You commend Nogofall maga for their research, and in the same breath deem their writeup to be a product of competition. It is quite possible that these companies are not aware that their logos are conspicuously displayed on Cala’s index page. No go fall maga has done their own research in raising awareness as to the legitimacy or otherwise of Cala. You cannot expect them to spoon-feed you by reaching out to Binance and Co. You might as well get across to Binance and inform them yourself, then come back and update us here instead of telling them to contact FCCPC. As you can see, they reached out to the SEC to confirm. Nogofall maga has a ton of work to do. Stop expecting them to spoon feed you.
Thanks for your deep educative review, please can you please can you post this review on Twitter and add that Hausa lady promoting CALA in Nigeria, because she’s actually collecting her promotion charge and I think she’s innocent but she has already won many people heart into this. And please what’s your handle on other social media… At least you use your precious gift knowledge to safe desperate Nigerians hustlers striving to make this cash, but no one to be blamed, since there’s no job opportunity, everyone fall victim most times.
website is some how
I need more of this
You can not stop people from investing, alot of people loose millions to nairabet, sportybet, pools and the like. U might gain or loss. It’s all about risk.
Cala technology is real no doubt we are the members of cala
Na wa ooooooo
Thanks so much for this review. I was also just introduced to cala like 1 hr ago but decided to do my investigation first. My joy on seeing this in depth review knows no bound. You have saved me my hard earned money.
Hmmm fear don catch me now, i first invested on 29 of August and on 9th of this September i invested another 154,000 so now my prayer is let cala still be active till middle of December so that i can get all my money back. I swear this will be my last time to fall maga
A girl I wanted to date give me condition that before she accept my proposal I must put in money first 🤣. Me I japa. I told her love has no condition
Oga imagine uve taken the risk for just one month
U guys did a very good work in digging up a lot of information.
This is an eye opener.
If you can identify Cala that much,mentions one online platform that is legit
But come to think of it, if the said CALA is a scam, why will they erect a multi billion structure fully furnished in VI as their Nigeria office 🤔🤔🤔
So when you invest $30 on Cala
How much do you earn at the end of the month 🤦🏾♂️
With all this reviews
A lot going through my head😭😭
Av read the review and peoples comments…
Am also cashing out from cala…
At least av withdrew my capital.. Using just d earning I make from dem to trade.. And take care of my weekly needs… Life it self is a risk.. Don’t be too greedy to try and make what u avnt make or made since u were born.. To make it in few months.. Be wise..
All I can say is many are ignorant. And many are also looking for things that will help them make profits cause Nigeria is not my mate. Many in this comment section have spoken well and few have asked which investment platform is advisable enough for one to use and I have not seen anyone recommending them to any platform. Well, nothing last forever, CALA will come and go(they will make the money they need to make from it users). Always follow your instinct and stop being ignorant. Nothing is really working in Nigeria, every business is all about profit and loss. There’s no loss in CALA( that’s why you should believe it ain’t real). Those using it should refrain now that it’s still early, those that are not using it should find greener pastures
CALA has now gone…….
I invested and it’s paying me ooo
Poor is
passing
over
opportunity
ripitedly
U have to take Risk to be Rich
You either have done neolife or gnld or any of those networking hustle…. Na dem dey use that kind acronym change people orientation.
I have read all the comments and I understand everything plz I wanted to ask you people a question how can you start to saying that Cala is a fraud Cala is a scam did you people put your money into dis platform you people are not talking nonsense you people can’t even put 1naira you people just spoiling people mind dis and that I invest my cash and am making it take risk and invest and see if is real or fake
Please someone should give us a legit investment platform.
Well, it’s good we know the truth
More reviews pls
An investment advise is that don’t put all your eggs in one basket, if you are not ready to take the risk then not taking risk is very risky.
Cala will come and go even the bible said in Eccl. 11 that you should cast your bread upon the waters and when you observe the weather you will not sow.
Am a beneficial of cala but can’t path all my money on that investment platform.
Investment what you can afford to loss.
Don’t pray for harvest when you can’t sow in Faith.
Nigeria has it own default wen it comes to validating any cooperations even D well registered still crash down my few months in cala and all u have pointed out seems different u may be right in some of ur point but dat not D vision of cala
Cala is a life saver. Since January people have made millions upon millions and they are still standing strong. Cala has structure ,they are organized. They are trading real time with AI .
The more you are complaining and doubting about them been ponzi the more some persons are cashing 6k usdt daily only on agency rebate.
The golden rule for all online bussineses remains “invest what you can afford to loose”.
Alot of online stuffs come and go. People who like it will continue to invest. If you are afraid to take risk, then do not invest in every online bussines. Go and sell tomatoes or something.
Thanks to the team though.
I’m a proud CALAian, I’ve Made alot of money since 15th Feb 2022. It has helped me alot. But I do tell people the truth. If you must do any online things, embrace the golden rule and fix your mindset towards it.
Thanks.
Is cala registered with NDIC?
I know it’s a scam but I will still take the risk😂
Iwo logbon juuuuuuu 🤣🤣
Good
Nigeria too na Scam without taking risk u re not going anywhere any business you started nd become successful today is risk because before u start that business u have something in mind either profit or loss so for me o investment is the best way to success if only you made up your mind whatever comes along the line u take it like that that’s my opinion
All of u sit down there….
I have registered on cala and I recovered my capital in two months and am still enjoying the profit. But i can’t guarantee the legitimacy of cala. I can only advice any one to invest with money that he is ready to loss if it happen.
Months is counting days are going people are making money. If you don’t take risk in life your life can’t change. CALA is a Scam yet is till paying people The early the better. Me am a risk taker and it as really help me in life. If you don’t have that mind to take risk please keep your money and continue in what you know is good for you. Thanks best Regards
Thank you for your genuine review. But I think for a platform to be working since February and still paying uptill now even if na scam at least them try
Really nice work, thanks for the information
Some people will never give you solutions to financial problems, all they do is sit down with their phone and be looking for scam. My brothers if you want to succeed in life you must take risks. I have invested with Cala and I am not regretting it. Some of these people the are giving false review about this company don’t even have money to invest, so you that can invest do it and stop asking so many questions. When Omega pro came out, people like these ones here condemned it but now omega pro is still paying. I don’t need to talk much on this.
If you no take the risk na only food money you go dey see 😂😭
It’s a scam please don’t invest. They refuse me from making withdrawal.
I need CALA email address or contact center
Cala has been crash yesterday 5 pm
Just as the reviewer predict. They are already gone with people’s millions in dollars at unofficial.rate of #775/$ . Withdrawals are not going through but deposits are allowed. They keep encouraging deposit and no one can withdraw.
Let everyone report them to EFCC with all the addresses and certificate they are presenting to scam people.
As it is today, tell those people to try and withdraw their money today
It’s very unfortunate that ignorant people will still fall victim after reading this. I could remember sharing this with a friend and he refused to agree. Someone just told me that CALA finally crashed today. Please verify first.
You were right cala has gone.
Cala scam o they are already have issue withdrawing their money
CALA is in the verge of crashing now.. as of on the 27th no one has been able to withdraw from the CALA platform
Another MMM scam
It has happened like you predicted, CALA has crashed.
Good evening finally cala has defraud million of Nigerians , the freeze all account as I speak nobody can make withdrawal they are requesting all their subscribers to pay 30% of their capital for them to do insurance for them before on the frist of October
Cala has do us bad… the platform is not realising money again
CALA is a scam. I have been scammed . Recently They claimed that leadway insurance is their partner by I consulted my friend in leadway and he send me an article of disclaimer from Leadway insurance company dissociating itself from Cala and anything they do. My brother, many people fell mugu including me. But I don wise now. No shaking
Please If you Come across This 02-11-2022. Please 🙏 I beg you In the name of GoD avoid CALA. Is all scam.. millions of dollars is pending on CALA account right now but you can’t Cash out no One should transfer money in to that account I commented earlier promoting Them because it was paying but Now Is another story
This is not good cala I just deposit money oooo
How can get the founder of CALA ARRESSTED
Cala is a scam! They appeared shortly after they clicked send their other scam site, Tamer AI. Exactly the same robots and MO. Google it. Before Tamer AI they went by Edai. They manipulate the so called token growths they produce (Tamer). They initially pay out, to get you hooked and believing they are legit… You invite ur friends and family. 4-5 months later they announce this big event and within 5-10 days later, they’re gone, but not before they sell the investors database to the highest bidder. Boom, your personal info and whatever you shared has been bought by who knows… With what intentions might I ad… They are currently not paying and they’ve already stared with a new website/scam. The documents are fake. They had the exact same documents with Tamer and Edai. Please, do some homework on these ‘schemes’ before you fall invest and fall victum. If you can use the Internet to search for scams, you can use it to search for info first. If you can’t find info, chances are it’s a scam. If you want to make money with crypto or forex, get urself a broker that is registered with the SEC.