The website is not affiliated with Excelion*
*The above is published according to the decision of Tel Aviv-Jaffa Magistrate's Court in case TA 6707-06-24 dated 03.12.24
❝It appears that the debtor [Gruzman] is allegedly ignoring his debts, violating his commitments in the agreement, and seeking to avoid paying his debt.
Under these circumstances, delaying the debtor in Israel to ensure the repayment of his debt is proportionate and reasonable. I am convinced there is a real concern that the debtor is acting to transfer assets, and his absence from the country will significantly hinder the creditor’s ability to enforce the judgment and collect the debtor’s debt, should it be determined.❞
From the Verdict in the case T”T 23-01-8803 Erekh Halvaot Ke-Halacha v. Gruzman, 24.06.23
Lawsuits Target Excelion Group and Stakeholders in Israel
- While The Gruzmans Tried To Sell Apartments In Bruck Twice, The Court Has Sold The Building For Debts To The Bank
- Motti Gruzman Lost €1,000,000 Claim Against Him; Case Transferred to Bailiffs
- Lawsuit Filed Against Motti Gruzman for NIS 6,000,000 Over Undelivered Apartments in Bruck
- Sankt Martin Investors Unite to Sue Excelion in Austria
- €700,000 Claim Lodged Against Gruzman for Unpaid Loan in Andorra Development
Who we are?
Excelion Victims Board unites dozens of victims of the scam by Excelion Group:
investors, property buyers, former business partners.
All our activities are carried out strictly within the law. The information used was obtained from open public free and paid sources, as well as from victims of Excelion deception directly. This information is used and/or published with their express written consent.
Our goals:
of all the information about the deception of investors, customers and partners by Excelion
Informing victims of Excelion Group regarding the company's methods of dupering its victims
of claimers’ activities to prevent Excelion from manipulating creditors and evading responsibility.
Forcing Excelion stakeholders to pay all their debts and duties, including interest, penalties and legal fees.
Excelion is demanding an additional €5,000 above the apartment price stated in the sales agreement, despite being a year and a half late in delivering the units.
We cannot disclose most of the details here, but even from what can be shared, a pattern of amateurish, if not outright negligent, conduct emerges, to say the least.
The original projected delivery date of Summer 2022. The latest photos show a nearly empty pool, missing balcony glass, and unfinished landscaping and exterior work.