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philipwhiuk 3 hours ago

1 GLOBAL is owned by 1GLOBAL Holdings B.V.

Registered address: The Valley - Beethovenstraat 505 North tower, Level 6. Amsterdam 1083HK, Netherlands

So we're at 3 levels of indirection on ownership already.

In practice, 1 Global is the trading name of TP Global because it's the successor company to 'Truphone':

> In 2022 the Company was selected in a competitive bidding process, conducted by a UK court appointed administrator of Truphone Limited (“Truphone”), to acquire all the business and assets of Truphone (the “Acquisition”).

And this company was an investment option for Russian oligarchs:

> In December 2024, German Manager Magazin revealed that Russian oligarchs Abramovich, Abramov and Frolov, who had previously owned 96% of Truphone and invested more than €360 million in the company, could still benefit from any success achieved by 1Global.

So yeah, maybe avoid.