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Excelion Victims Board

We are working to put an end to Excelion’s deceptive activities: for investors who haven’t received their money back; for homebuyers who have been waiting 8 years for apartments that will never be delivered because their money was squandered; for suppliers who haven’t been paid what they are owed—from Israel to Spain, and for former employees who haven’t received their salaries. Together, we will prevail.

מוטי גרוזמן חותם על הסכם
Motti Gruzman signs an agreement in Bulgaria. Will it hold?

It appears that the debtor [Gruzman] is allegedly ignoring his debts, violating his commitments in the agreement, and seeking to avoid paying his debt.

כבוד השופטת מיקה בנקיUnder 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.

Honorable Judge Mika Banki

From the Verdict in the case T”T 23-01-8803 Erekh Halvaot Ke-Halacha v. Gruzman, 24.06.23

Some of Excelion "Succesful" Projects

In 2016, Motti Gruzman bought Höllern hotel via his company TCI, mainly financed by a mortgage from Volksbank Salzburg. In February-March 2017, he raised additional funds in Israel from lenders and apartments buyers, promising apartments delivery by the end of

Who we are?

Excelion Victims Board

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:

Crowdsourcing

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.