NEW: After my articles showing Russian fingerprints on the ownership structure of Psy Group, CEO Joel Zamel has shifted things around and removed the company with Russian ties that managed Psy Group.
Psy Group, as you'll recall, met with Erik Prince, Trump Jr, and George Nader during the 2016 election to pitch an election interference plan by manipulating social media.
I reported in June that Psy Group (based in Cyprus with the name IOCO Limited) was managed/directed by a company whose principals are affiliates for multiple Russian banks. As of August, IOCO is managed by Zamel himself. He removed the Russian-connected management company.
IN: Zamel
OUT: Vertrou Holdings whose principals Ria Christofides and Giannakis Ermogenous, are both official affiliates of Vozrozhdenie Bank, Promsvyazbank, and Avtovazbank in Russia.
OUT: Vertrou Holdings whose principals Ria Christofides and Giannakis Ermogenous, are both official affiliates of Vozrozhdenie Bank, Promsvyazbank, and Avtovazbank in Russia.
That's a lot of words and a lot of names. Basically Zamel, who met with Trump Jr, Prince, and Nader is removing the Russian-connected entities from the ownership structure of Psy Group.
Also, Nader paid Zamel $2,000,000 and we still don't know why.
