Alcacor operates in the cryptocurrency MLM niche. Heading up Alcacor is Director Magnus Larsson.

Larsson is a former promoter of the Crowd1 Ponzi scheme.

Crowd1 was launched by Swedish national Jonas Werner in 2019. The Ponzi scheme has pitched passive returns through numerous ruses over the years.

Crowd1 spent most of 2022
coming up with excuses for not paying investors
. Last month we learned authorities
raided what was left of Crowd1’s Swedish operations
in November 2022.

Magnus Larsson joined Crowd1 early on and worked as an ambassador for the company.

After there was no more money left to steal, Larsson announced he was leaving Crowd1 in September 2022.

Prior to Crowd1 Larsson was promoting
Dan Andersson’s LeoCoin Ponzi scheme
.

Joining Larsson is running Alcacor are former Crowd1 Ponzi promoters Christine Ye and Reto Moser.

Originally from Sweden, Larsson fled to Dubai at some point during his Ponzi career. Alcacor provides an address for Alcacor Networks FZCO in Dubai on its website.

Dubai is the
MLM crime capital of the world
.

BehindMLM’s guidelines for Dubai are:

If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.

If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Alcacor, read on for a full review.

Alcacor’s Products

Alcacor has no retailable products or services.

Affiliates are only able to market Alcacor affiliate membership itself.

Alcacor’s Compensation Plan

Alcacor affiliates purchase “Alca Points” with the cryptocurrency DAI. Alca Points (ALC) are a worthless outside of Alcacor.

Onboard Pack – invest $88 DAI and receive 90 ALC

Basic Pack – invest $188 DAI and receive 200 ALC

Value Pack – invest $988 DAI and receive 1500 ALC

Pioneer Pack – invest $2488 DAI and receive 4000 ALC

Alcacor affiliates use Alca Points to invest in Alcacor virtual shares.

Alcacor originally sold virtual shares to affiliates at a rate of 200 Alca Points per share. In February 2023 this was raised to 400 Alca Points per share.

There are nine ranks tied to total Alcacor share investment:

Rat – invest in 1 Alcacor share

Pig – invest in 5 Alcacor shares

Snake – invest in 25 Alcacor shares

Horse – invest in 50 Alcacor shares

Rooster – invest in 75 Alcacor shares

Rabbit – invest in 100 Alcacor shares

Rare Monkey – invest in 200 Alcacor shares

Legendary Tiger – invest in 400 Alcacor shares

Mythic Dragon – invest in 800 Alcacor shares

These are different to affiliate ranks. Alcacor share ranks are tied to various cartoon NFTs.

Alcacor shares are tied to a profit pool, purportedly made up of Alcacor’s company-wide revenue. The more shares an Alcacor affiliate has invested in, the larger the passive return they receive.

The MLM side of Alcacor pays on recruitment of affiliate investors.

Sales Volume (BV)

Alcacor pays all MLM commissions and bonuses based on Business Volume (BV).

BV is calcula

🤖 Quick Answer

What is Alcacor and who leads it?
Alcacor operates within the cryptocurrency MLM sector, directed by Magnus Larsson. The company focuses on cryptocurrency-related investment opportunities and business models characteristic of multi-level marketing structures in the digital assets industry.

Who is Magnus Larsson and what is his background?
Magnus Larsson is a Swedish entrepreneur with extensive experience in cryptocurrency and MLM ventures. He previously served as ambassador for Crowd1, a Ponzi scheme launched in 2019, and before that promoted LeoCoin, another fraudulent investment scheme.

What happened to Crowd1 and why did Larsson leave?
Crowd1 ceased operations after exhausting investor funds through promised returns that never materialized. Swedish authorities raided the company's operations in November 2022. Larsson announced his departure in September 2022 when the scheme could no longer sustain payments

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