A documented map of connections, entities, and evidence. Based on: DOJ Epstein Files | IRS 990 Filings | UBS Banking Documents (Feb 2026) | Court Documents.
Part 1 covered the island, architects, and the Maxwell family. Part 3 will cover the Clinton network, the four suspicious deaths, and the complete connection map.
DISCLAIMER: This post contains only verified facts, documented connections, and clearly labeled inferences. All claims are sourced from public records, court documents, DOJ releases, or named investigative journalism. Appearing here does not imply criminal wrongdoing unless charges or convictions are specifically noted.
TerraMar was Ghislaine Maxwell's ocean conservation nonprofit, founded 2012 and dissolved six days after Epstein's arrest in July 2019.
| Founded / Dissolved | 2012 — July 12, 2019 (6 days after Epstein's arrest) |
| Total Grants — Ever | $874 (total across entire organizational existence — below $5,000 IRS disclosure threshold, so recipient name is not required to be reported) |
| Annual Spending | $156,000–$224,000 per year |
| Debt to Maxwell | $560,650 owed to Ghislaine Maxwell in personal loans by end of 2018 (per IRS 990 filings) |
| Epstein Donation | $57,000 from Epstein Interests Foundation (2013) — documented in Maxwell's own bail submission |
| CGI Commitment | $1.25 million commitment to Clinton Global Initiative |
To be clear about what these numbers mean: TerraMar spent over $600,000 per year in operational costs across its existence while giving away a total of $874 to charity. It was personally financed largely by Ghislaine Maxwell through loans to herself. It dissolved immediately after Epstein's arrest and never surfaced again.
TerraMar Leadership:
TerraMar Founding Citizens (documented):
Founded by Isabel Maxwell and Al Seckel (her husband — see Part 1). Incorporated in California. Now defunct. Investigative journalists describe it as a structural predecessor to TerraMar — both ostensibly ocean-focused organizations with murky finances.
Isabel Maxwell presented as "President, Blue World Alliance" at the World Economic Forum in Marrakech, October 2010.
Key connection:
This section is drawn entirely from the UBS banking documents released in February 2026. These are not allegations — they are banking records.
Context: JPMorgan had exited Maxwell's accounts in 2014 due to "reputational risk." UBS opened accounts for her the same year and managed up to $19 million on her behalf.
| ENTITY | DETAILS |
|---|---|
| Ellmax | Shell company incorporated in Florida (Dec 2010) and UK (Dec 2012–Feb 2020). Maxwell used the alias "Jennifer Ellmax." Registered address linked to Boston attorney Adam Ghander (Nutter, McClennan & Fish). The same law firm registered Granite Realty LLC — which was used to purchase Maxwell's New Hampshire hideout where she was arrested in 2020. |
| Max Foundation | Flagged in JPMorgan internal memo: "Client is associated with the Epstein relationship and is in the process of being exited." No additional public details available. |
| Pot & Kettle | Named in UBS documents. Purpose entirely unknown. No further public information available. |
| Max Hotel Services | Named in UBS documents. Purpose entirely unknown. No further public information available. |
Key UBS Transactions:
The fact that the same law firm that managed Maxwell's financial alias also registered the shell company used to purchase her hiding place is documented — interpretation is left to the reader.
David Wassong is a senior finance executive who served as Co-Head of the Strategic Investments Group at Soros Fund Management from 2005 to 2018. He is currently Co-Managing Partner at Newlight Partners.
He represents one of the most clearly documented bridges between the Epstein-Maxwell network and the Soros financial world — and he has never publicly commented on any of it.
ALL OF THE FOLLOWING IS VERIFIED — NOT INFERRED
The connections below are drawn from court documents, IRS filings, UBS banking records, and Maxwell's own correspondence.
What the records show:
What does "people to play with in Ireland" mean? Genuinely unknown. It could be innocuous — it could refer to social connections for a trip. The email exists; its meaning is not established.
Wassong has never responded to press inquiries or issued any public statement regarding these connections. It is not known whether he has been interviewed by investigators.
The Soros Family's Broader Connections:
None of the above constitutes an allegation of wrongdoing against any member of the Soros family. It is documented network overlap.
VERIFIED:
UNKNOWN:
Part 3 (final): Alexander Djerassi — Maxwell's nephew in three Clinton administrations. The verified Clinton-Epstein connections. Four suspicious deaths. And a complete master connection map.
Research compiled March 15, 2026 | Based on publicly available documents, court records, and verified investigative journalism