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HomeNetwork MarketingCrowd1 scammer launches personal Dubai Ponzi

Crowd1 scammer launches personal Dubai Ponzi


Alcacor operates within the cryptocurrency MLM area of interest. Heading up Alcacor is Director Magnus Larsson.

Larsson is a former promoter of the Crowd1 Ponzi scheme.

Crowd1 was launched by Swedish nationwide Jonas Werner in 2019. The Ponzi scheme has pitched passive returns via quite a few ruses through the years.

Crowd1 spent most of 2022 developing with excuses for not paying buyers. Final month we realized authorities raided what was left of Crowd1’s Swedish operations in November 2022.

Magnus Larsson joined Crowd1 early on and labored as an envoy for the corporate.

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

Previous to Crowd1 Larsson was selling Dan Andersson’s LeoCoin Ponzi scheme.

Becoming a member of Larsson is operating Alcacor are former Crowd1 Ponzi promoters Christine Ye and Reto Moser.

Initially from Sweden, Larsson fled to Dubai in some unspecified time in the future throughout his Ponzi profession. Alcacor gives an deal with for Alcacor Networks FZCO in Dubai on its web site.

Dubai is the MLM crime capital of the world.

BehindMLM’s tips for Dubai are:

  1. If somebody lives in Dubai and approaches you about an MLM alternative, they’re attempting to rip-off you.
  2. If an MLM firm relies out of or represents it has ties to Dubai, it’s a rip-off.

If you wish to know particularly how this is applicable to Alcacor, learn on for a full overview.

Alcacor’s Merchandise

Alcacor has no retailable services or products.

Associates are solely capable of market Alcacor affiliate membership itself.

Alcacor’s Compensation Plan

Alcacor associates buy “Alca Factors” with the cryptocurrency DAI. Alca Factors (ALC) are a nugatory outdoors of Alcacor.

  • Onboard Pack – make investments $88 DAI and obtain 90 ALC
  • Primary Pack – make investments $188 DAI and obtain 200 ALC
  • Worth Pack – make investments $988 DAI and obtain 1500 ALC
  • Pioneer Pack – make investments $2488 DAI and obtain 4000 ALC

Alcacor associates use Alca Factors to spend money on Alcacor digital shares.

Alcacor initially bought digital shares to associates at a fee of 200 Alca Factors per share. In February 2023 this was raised to 400 Alca Factors per share.

There are 9 ranks tied to complete Alcacor share funding:

  • Rat – spend money on 1 Alcacor share
  • Pig – spend money on 5 Alcacor shares
  • Snake – spend money on 25 Alcacor shares
  • Horse – spend money on 50 Alcacor shares
  • Rooster – spend money on 75 Alcacor shares
  • Rabbit – spend money on 100 Alcacor shares
  • Uncommon Monkey – spend money on 200 Alcacor shares
  • Legendary Tiger – spend money on 400 Alcacor shares
  • Mythic Dragon – spend money on 800 Alcacor shares

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

Alcacor shares are tied to a revenue pool, purportedly made up of Alcacor’s company-wide income. The extra shares an Alcacor affiliate has invested in, the bigger the passive return they obtain.

The MLM facet of Alcacor pays on recruitment of affiliate buyers.

Gross sales Quantity (BV)

Alcacor pays all MLM commissions and bonuses based mostly on Enterprise Quantity (BV).

BV is calculated on every Alcor Factors funding tier as follows:

  • Onboard Pack – 70 BV
  • Primary Pack – 150 BV
  • Worth Pack – 790 BV
  • Pioneer Pack – 2000 BV

Alcacor Affiliate Ranks

There are 9 affiliate ranks inside Alcacor’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  1. Starter – enroll as an Alcacor affiliate
  2. Starter Plus – generate an undisclosed quantity of PV every month, recruit 2 associates and generate 500 in amassed weaker binary workforce facet quantity
  3. Junior Affiliate – generate an undisclosed quantity of PV every month, recruit 5 associates and generate 3000 in amassed weaker binary workforce facet quantity
  4. Workforce Affiliate – generate an undisclosed quantity of PV every month, recruit 8 associates and generate 10,000 in amassed weaker binary workforce facet quantity
  5. Regional Builder – generate an undisclosed quantity of PV every month, preserve 8 personally recruited associates and generate 5000 in month-to-month and 50,000 in amassed weaker binary workforce facet quantity
  6. Nationwide Builder – generate an undisclosed quantity of PV every month, recruit 10 associates and generate 25,000 in month-to-month and 250,000 in amassed weaker binary workforce facet quantity
  7. International Chief – generate an undisclosed quantity of PV every month, recruit 15 associates and generate 50,000 in month-to-month and 1,000,000 in amassed weaker binary workforce facet quantity
  8. Royal Chief – generate an undisclosed quantity of PV every month, recruit 20 associates and generate 100,000 in month-to-month and a pair of,500,000 in amassed weaker binary workforce facet quantity
  9. Crown Chief – generate an undisclosed quantity of PV every month, preserve 20 personally recruited associates and generate 150,000 in month-to-month and 5,000,000 in amassed weaker binary workforce facet quantity

PV stands for “Private Quantity”. Though quantities aren’t disclosed, it’s assumed this can require Alcacor associates to pay a month-to-month charge.

Recruitment Commissions

Alcacor associates earn 10% of BV generated by way of personally recruited affiliate funding.

Residual Commissions (unilevel)

Alcacor pays residual unilevel commissions on generated BV down three ranges of recruitment:

  • degree 1 (personally recruited associates) – 5%
  • degree 2 – 3%
  • degree 3 – 2%

Residual Commissions (binary)

A binary compensation construction locations an affiliate on the high of a binary workforce, cut up into two sides (left and proper):

The primary degree of the binary workforce homes two positions. The second degree of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).

Subsequent ranges of the binary workforce are generated as required, with every new degree housing twice as many positions because the earlier degree.

Positions within the binary workforce are stuffed by way of direct and oblique recruitment of associates. Be aware there is no such thing as a restrict to how deep a binary workforce can develop.

On the finish of every week Alcacor tallies up new BV funding quantity on each side of the binary workforce.

Associates are paid 10% of latest BV on their weaker binary workforce facet.

Be aware that residual binary commissions are capped weekly based mostly on rank:

  • Starter associates don’t earn residual binary commissions
  • Starter Plus associates can earn as much as $200 every week
  • Junior Associates can earn as much as $800 every week
  • Workforce Associates can earn as much as $1500 every week
  • Regional Builders can earn as much as $2500 every week
  • Nationwide Builders can earn as much as $5000 every week
  • International Leaders can earn as much as $10,000 every week
  • Royal Leaders can earn as much as $15,000 every week
  • Crown Leaders can earn as much as $20,000 every week

Transactional Pool

Alcacor takes 2% of company-wide income and shares it with associates who’ve invested on the Pioneer Pack tier.

Month-to-month Residual Pool

Alcacor takes 9% of month-to-month company-wide BV and locations it into 5 smaller Month-to-month Residual Swimming pools.

These swimming pools correspond with Regional Builder and better ranks:

  • Regional Builders obtain a share in 12% of the Month-to-month Residual Pool
  • Nationwide Builders obtain a share in 22% of the Month-to-month Residual Pool
  • International Leaders obtain a share in 22% of the Month-to-month Residual Pool
  • Royal Leaders obtain a share in 22% of the Month-to-month Residual Pool
  • Crown Leaders obtain a share in 22% of the Month-to-month Residual Pool

Becoming a member of Alcacor

Alcacor affiliate membership prices between $88 to $2488:

  • Onboard Pack – $88
  • Primary Pack – $188
  • Worth Pack – $988
  • Pioneer Pack – $2488

Alcacor solicits funding within the cryptocurrency DAI ($1 = 1 DAI).

Alcacor Conclusion

Crowd1’s unique premise was “proprietor rights digital shares“.

Magnus Larssen has primarily copied that ruse, however with cartoon NFTs.

Over time Crowd1 transitioned from digital shares to  playing, then apps, then dietary supplements, then crypto gaming, then shares in a UK shell firm and eventually, the metaverse.

Someday later this 12 months Crowd1 plans to launch its personal NFT rip-off…

…so it’s a bit laborious to inform who’s stealing whose concepts at this level.

Or perhaps not. That is from a paid spam piece on Ted Nuyten’s BusinessForHome, celebrating Larsson’s Crowd1 fraud;

Along with his ardour for this trade, in addition to for helping different folks to turn out to be profitable too, it was clear that Magnus can be a power to be reckoned with.

His ardour extends to the Metaverse, and it’s on this sphere that he sees Crowd1 take the lead as effectively. From crypto, NFTs and play-to-earn, Magnus sees the Crowd1 enterprise mannequin as being key to its success on this new frontier.

With PLANET IX, the crypto-based on-line recreation (and likewise Magnus’ favorite Crowd1 product), the latest launch of Metaversy (the place members can commerce just about within the Metaverse) and accomplice firm Moon Birdie (the easy-to-use crypto schooling platform), Crowd1 is out in entrance.

That’s from Might 2022, and it’s fairly straightforward to see simply how carefully Larsson has modeled Alcacor on Crowd1’s Ponzi mannequin.

Whereas the ruses would possibly differ, Alcacor is promising associates a passive return on digital shares to numerous ventures.

One ruse that doesn’t differ is “Alca World”, Alcacor’s spin on the already useless metaverse grift.

Not surprisingly, the one individuals who really made cash in Crowd1 are Jonas Werner, the chief scammers he labored with and promoters like Magnus Larsson.

Such to the extent new funding was recycled to pay out returns, that dried up fairly fast – lowering Crowd1 to largely a pyramid scheme over the previous few years (they did pay out peanut returns every so often).

Alcacor is extra of the identical, however this time with Larsson and cronies Christine Ye and Reto Moser on high. ALC gives them with a handy exit-scam when the time comes.

On the regulatory entrance we’ve acquired:

  • Dubai, an automated crimson flag
  • digital shares being bought in made up firms (presumably shell firms included in Dubai)

  • no proof supplied Alcacor has registered its digital shares securities providing with monetary regulators in jurisdictions it’s soliciting funding in
  • no verifiable supply of exterior income past new funding in DAI

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

This can starve Alcacor of ROI income, finally prompting a collapse.

The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.



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