Alcor Trade securities fraud warning issued in BC, Canada

Alcor Trade has received a securities fraud warning from the British Columbia Securities Commission.

As per
the BCSC’s September 8th warning
, Alcor Trade

claims to offer investment packages with different rates of return.

We are aware that Alcor Trade accepts British Columbia (BC) residents as clients.

Alcor Trade is not registered to trade in, or advise on, securities or derivatives in BC.

Alcor Trade
is a reboot of the
collapsed Antares Trade Ponzi scheme
.

The BCSC issued a
similar securities fraud warning against Antares Trade
in June.

Both Antares Trade and Alcor Trade are run by CEO Alex Richter.

Richter is played by Russian national Aleksey Zhirovkin.

Wanted by Russian authorities since 2012, Zhirovkin is believed to be
hiding out in the Dominican Republic
.

Alexa currently ranks top sources of traffic to Alcor Trade’s website as Egypt (24%), Madagascar (13%) and Saudi Arabia (6%).

🤖 Quick Answer

What securities fraud warning did Alcor Trade receive in British Columbia?

What is the connection between Alcor Trade and Antares Trade?
Alcor Trade represents a reboot of the collapsed Antares Trade Ponzi scheme. Both operations are managed by CEO Alex Richter and targeted similar investment fraud schemes against unsuspecting investors.

Who is Alex Richter and what is his actual identity?
Alex Richter is an alias used by Russian national Aleksey Zhirovkin. Wanted by Russian authorities since 2012, Zhirovkin is believed to be operating fraudulent investment schemes from the Dominican Republic.

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