Vlad Nemirovsky, currently the Chairman of Excelion Group started his cooperation with Motti Gruzman and Excelion as the successful fundraiser of investments from Russian citizens, who were enticed by the promise of “investing in the European dream.” The investors were unaware of Excelion’s issues in Israel and Europe, and they were eager to move their funds out of Russia as quickly as possible. This urgency intensified in February 2022, when Russia invaded Ukraine, prompting hundreds of thousands of Russians to seek ways to transfer their funds abroad. Various dubious brokers charged up to 10% of the transfer amount to arrange moving money to Europe. Nemirovsky offered a much more attractive solution: “investments in Excelion projects in Europe, secured by real estate, with guaranteed high returns and a promise of fund recovery within one to two years”. Now many of these investors are reaching out Excelion Victims Board for assistance.
In the image: Screenshots from a conversation with one of Nemirovsky’s investors (translated below):
Investor: “Does this mean that Vlad [Nemirovsky] is no longer involved? And the entire effort will only be against Motti [Gruzman]?”
Board Rep.: “Not just against Motti. It’s against Vlad as well.”
Investor: “I want him to be held accountable for taking advantage of our trust.”
Board Rep.: “To do that, we need to dig deeper into the story.”
Investor: “How many people are willing to act decisively? It’s odd that Motti seems so relaxed despite all these debts. It’s really disappointing; I still can’t believe Vlad led us into this.”
More information regarding Vlad Nemirovsky:
Vlad Nemirovsky | Chairman of Excelion Group
Two New Lawsuits against Gruzmans and Nemirovsky
Ex/Celion: Excelion Group Victims Board Vlad Nemirovsky: Successful Fundraiser of Russian Money for Excelion