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 […]
Crowd1 scammer launches own Dubai Ponzi Read More »
Swedish authorities raided Crowd1’s corporate offices sometime between September through November last year. The previously unreported news was disclosed in a recent paywalled Svenska Dagbladet’s Blenda podcast. As reported Expressen on March 28th, citing Svenska Dagbladet’s podcast; Last autumn, the police raided the company’s office in Stockholm, reveals Svenska Dagbladet’s podcast “The IT icon and pyramid
Crowd 1 corporate raid and arrests in Sweden Read More »
Swedish authorities raided Crowd1’s corporate offices last November. The previously unreported news was disclosed in a recent episode of Svenska Dagbladet’s paywalled Blenda podcast. As reported Expressen on March 28th, citing Svenska Dagbladet’s podcast; Last autumn, the police raided the company’s office in Stockholm, reveals Svenska Dagbladet’s podcast “The IT icon and pyramid money”. The police
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United Power Up fails to provide ownership or executive information on its website. United Power Up’s website domain (“unitedpowerup.com”), was privately registered on June 14th, 2022. Further research reveals affiliates citing Sverker Caron as United Power Up’s CEO: Up until early 2022, Sverker Caron was Head of Product Development for the Crowd1 Ponzi scheme. Caron
United Power Up Review: Another Crowd1 spinoff Ponzi Read More »
It’s no secret that Crowd1 has all but collapsed. ROI withdrawals collapsed almost two years ago. Recruitment kept Crowd1 going, but that’s devolved into Russians and Ukrainians scamming eachother. Outside of eastern Europe, Crowd1 is dead. Crowd1’s collapse has prompted executives and top promoters to abandon ship. A week ago BehindMLM documented the departure of
Crowd1 scammers launch spinoff Ponzi Read More »
In a communication to his downline, top promoter George van Wijk has claimed Crowd1 is “unfair and unsafe”. As per van Wijk’s communication, believed to have been sent out late last week; Every journey must come to an end – EVEN if sometimes it is not the end we worked for, wished for or hoped
Top promoter George van Wijk claims Crowd1 “unfair & unsafe” Read More »
Back in July 2020 Mark Seyforth hitched his company LifeTRNDS to Crowd1. Crowd1 is a Dubai-based Ponzi scheme run by Swedish national Jonas Werner. Seyforth getting into bed with Crowd1 was a mutually beneficial arrangement; Crowd1 crowed about having products, Seyforth received a cut of money stolen through the Ponzi. As of mid 2021, Seyforth
Mark Seyforth ditches Crowd1, steals exec Read More »
Nineteen Decentra promoters have been arrested in the Philippines. The arrests preceded a securities fraud warning issued against the Ponzi scheme on June 13th. When the Philippine SEC began investigating Decentra is unclear. As per a June 15th press-release issued by the Philippine government though, we learn the Decentra arrests happened on June 10th. The
19 Decentra Ponzi promoters arrested in Philippines Read More »
As has been made painfully obvious over the past few weeks, there’s only one reason an MLM Ponzi scheme stops paying out. This can manifest itself first with withdrawal delays, but that’s not always the case. Crowd1 is one MLM Ponzi that’s first ran into withdrawal delays in 2020. Apparently the problem has gotten so
Kenny Nordlund confirms ongoing Crowd 1 payment delays Read More »
The Philippine SEC has issued a press-release reminding consumers that the Crowd1 Ponzi scheme remains banned across the country. The SEC claims its renewed May 10th investor alert is prompted by numerous reports received by the Commission regarding the continuous activities/operation of CROWD1 ASIA PACIFIC, INC. in the Philippines despite the PERMANENT Cease and Desist
Crowd1 permanent fraud ban reaffirmed in Philippines Read More »
