Is Alcore.live a Scam or Legit? | Website Review

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August 21, 2020

Alcore.live claims that your invested money will return with a profit based on bets which you won and based on a daily interest rate.

Alcor.live gives bonuses to users for involving other people into the scheme. This suggests that it may be a Ponzi scheme. Every referral (and their referrals) will be placed at a lower-ranking position and there is a certain percentage commission for each level.

This website came on air after the original website “Alcore.club” went down, leaving participants not been able to withdraw their deposit/ profits.

It is most likely that Alcore.live will follow the same route. That route will start with a declaration of payment delay, followed by the disappearance of this website.

Website Information

Official Domain

alcore.live

Registered On

May 8th 2020

Location

Not Provided

Owner

Not Provided

Alexa Ranking

858,092

Other Websites on Server
348

 

The headlines used on the home page are quite common on betting sites and HYIP schemes, such as:
“May good success attend you”, “Look ahead with confidence”, Make your team dreams come true!”.

The home page uses pictures are sporting legends such as Lionel Messi, LeBron James and Rafael Nadal. Companies are not supposed to use the likeness of sportspersons without permissions as it may imply that the company is being endorsed by them. It most likely that these people did not agree to their images being used by Alcore.live, not do they endorse the platform.

The website script reveals that there are Russian connections involved.

Company Information

Email ID
support@alcore.live (Not working)
finance@alcore.live (Not working)
ceo@alcore.live (Not working)

Phone Number
Not provided

Address
Kennedy Centre, Falls Rd, Belfast, Northern Ireland, BT11 9AB

Owner
William Copper – CEO
Dead profile; 2 followers, no reviews, no articles, no nothing

Social Media Pages
None Found

 

The company address provided by alcore.live is unlikely to be real. It is situated in a shopping mall and the office video reveals that the office is located in Russia

The company has a general registration in the UK. The documents shown are not related to betting company permission.

The only found team member of Alcore live is William Copper who has a dead LinkedIn profile. His name indicates that he is of English origin. It is stated that he is a UK citizen and is born in the UK. When you watch the Youtube video, it is evident that this person is not from the UK based on looks and talk with a heavily Slavic accent. The person could also be a paid actor.

 The office should be located in the UK as stated. However, the details in the office video show us that this is an office located in Russia based on equipment details, logos, marks. The majority of the employees look like they are coming straight from Russia. This video is the same video used for Alcore.club

They use a certificate that implicates that this company is legit and authorized to let you bet all over the world. At their site, you will find a registration form to try and convincer users that they are legit. However, the form is most likely fake as the logo used is falsified:

The registration number redirects to the former website; Alcore.club which went offline earlier leaving participants with no money/refunds. In addition, the scripts used for Alcore.live comes directly from Alcore.club.

The company has no social media profiles and the only way to get in touch with them is through Telegram or Skype.

User Reviews

Scamadviser
Yes (1), negative review

Trustpilot
Yes (1), negative review

There are not many user reviews available, but most of them warn that Alcore.live is a scam, as it is simply a rebranding of the recently-exposed scam Alcore.club.

Conclusion

Alcore.live is extremely likely to be a Ponzi scheme.

The website has a Trust Score of 1% on Scamadviser, indicating that it is extremely risky to use this platform. You can read more about the Trust Score here.

It is clearly the same website as Alcore.club, just with a different name. Alcore.club duped its members by abruptly shutting down in early August 2020. Alcore.live is following the same model of luring users to make a payment on the platform and involve more people in order to earn referral bonuses. Just like Alcore.club, this website will go offline without notice, leaving participants with no returns or refunds. The chances are very high that that investing in Alcore.live can lead to monetary loss soon.

Learn More

While not all multi-level marketing companies are scams, pyramid schemes often disguise themselves as MLM schemes in order to avoid legal authorities. Learn to recognize the signs that an investment or earning opportunity could be a scam:

What are High Yield Investment Programs (HYIPs)?

Multilevel Marketing Scams

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This article has been written by a scam fighter volunteer. If you believe the article above contains inaccuracies or is missing relevant information, please contact Scamadviser.com using this form.

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