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Devere Group's reply to:

Devere Group in Paranaque, Manila - Glad deVere are fighting negativity

The deVere Group has lost a key legal battle against a US consumer complaints website that posted negative comments about it, but has vowed to continue to fight back against what it calls "the misinformation contained on such sites". The case in question – initially brought by deVere in July 2011 against a New York-based company officially known as Opinion Corp, which does business online as PissedConsumer.com – highlights the difficulties and expense that even very large companies like deVere can incur when they attempt to silence such online criticism. The decision in the case comes as the number and visibility of such so-called "gripe sites" continues to grow, fuelled, some say, by growing consumer dissatisfaction with goods and services, as the businesses providing them cut back during the global downturn, or struggle in the currently difficult economic climate. In the case of investment products sold before 2008, many investors blame the companies from which they purchased them, as returns have failed to live up to their expectations. Importantly, though, a growing number of companies that have been targeted by the sites are claiming that many if not most of the postings about their businesses are being put up by disgruntled ex-employees, or individuals who work for rival companies. This echoes criticisms that have begun to cause issues for other consumer review websites that rely on anonymous postings, such as TripAdvisor.com. The blanket of anonymity, critics maintain, can make it difficult if not impossible to know how much of the commentary found on these sites, whether negative or positive, is genuine. Meantime, the UK government is in the process of changing Britain's defamation laws in a way that will force websites to identify people who have posted defamatory messages online, making it easier and less costly for people to sue their attackers. The proposed changes would apply to all websites, but the person seeking to sue would need to demonstrate why the case would have to be brought in the UK. Gripe site trend As reported here last month, an Atlanta-based lawyer who specialises in helping investors take legal action against negligent stockbrokers and financial advisers has just launched a "gripe site" for disgruntled brokerage clients in the US called BrokerCop.com. Websites like PissedConsumer, BrokerCop and others with similar names have emerged alongside the development and success of such review sites as Tripadvisor.com, where people are invited to post reviews of their experiences with airlines, hotels, holiday rentals and restaurants. However, as the term "gripe" sites (and often, the sites' very names themselves) implies, these sites by their nature exist to publish complaints, rather than a full range of opinions. (To post a comment on PissedConsumer.com, for example, one clicks a tab marked "post a complaint", even though once there, the options include "I am pissed", "neutral" and "I am pleased". Perhaps not surprisingly, it is virtually impossible to find comments of praise on this particular site.) Paralleling the emergence of the gripe sites, meanwhile, is another emerging industry, which benefits from the angst gripe sites cause the companies getting griped about: online reputation management. Online reputation management companies – to quote from the press release of one which calls itself Got Juice – "focus on helping businesses gain positive reviews, and to fight back and remove unwanted negative press from review sites and from the first page of Google". "It is estimated that one in 10 reviews [posted on review sites such as Qype, Yelp and TripAdvisor] are fake," the Got Juice press release, which went out to journalists last week, adds. It goes on to note that in the UK, where Got Juice is based, defamation laws are difficult to enforce, "as the vast majority of review sites are based overseas, and do not acknowledge the UK law". "˜First of many' cases Nigel Green, founder and chief executive of deVere, which claims to be the largest independent international advisory firm, said the case against Opinion Corp was "the first court case of many that we intend to pursue as we seek to fight back, on behalf of major corporations and "˜real' consumers around the world, against the misinformation that is contained on such sites". "If believed, the "˜content' on such "˜gripe sites', which is generally just totally unfounded allegations, could potentially damage the good will and reputation of firms that go out of their way to provide a good service to their clients," Green added. Green said deVere went after Opinion Corp in particular because it makes use of "clever search engine optimisation techniques and companies' names in [its] URL", in an effort to attract traffic to the site. "We believe this is bad business practice and morally wrong." DeVere is not the only financial institution active in the international space to appear on the Pissedconsumer.com website. Others mentioned have included Globaleye, AES International, Guardian Wealth, One International, and a number of the UK's biggest banks. Unlike Green, most of the executives International Adviser contacted whose companies have been targeted by gripe sites declined to talk publicly about them, and in some instances have even asked that their companies' names not be mentioned in this article, apparently fearful of calling attention to the postings – which, almost all agree, are immensely damaging to their businesses' reputations. Anonymous accusations The key frustration for deVere and these other companies is the commentators' anonymity. Because the critics' identities is never revealed, they say, the commentators are free to make serious allegations that – in almost any other setting, such as in a newspaper or on television – would be considered libellous. What is more, they say, it means the websites are free to leave the allegations in place, for all to see. (In fact, the gripe site operators typically say will in fact remove defamatory, offensive, abusive and otherwise violates someone's rights if asked. Many also provide links to the company in question's own website, and urge those about to post a complaint to try first to resolve their problem with the customer services department of the company they are about to complain about.) Companies that have been subject to gripe site attacks say that the anonymity of the criticism once it does appear on the websites makes it difficult for them to arrange a settlement with the individuals in question. Their main concern, though, is that it is possible for people to pose as aggrieved clients who are not. "We have evidence to suggest that the majority of false allegations on gripe sites are written by competitors to show to their potential recruits," deVere's Green said, echoing the comments of other advisory company executives on the subject. "Indeed, we have pending legal action against another broker who put false statements on the site against us." "The best we can do is request either the webmaster take down the content and/or request Google remove this from the search engines," added the head of another advisory organisation, who requested anonymity. "However, both take time and have a limited effect, as once one article is removed, another is posted." Like others whose companies have been targeted by the gripe sites, this executive noted that his and other financial advisory companies are in good company when they appear on gripe sites, as they sit alongside "most of the FTSE 100 and Fortune 500 companies". Added another advisory industry executive, who also asked to remain anonymous: "Emirates Airlines [has been targeted by gripe sites], even though it has been voted best airline of the year. There is always some disgruntled pilot who will put stuff up, or some moaning passenger in business class whose bowl of olives was one short." Adding to the frustration of companies who find themselves dragged onto gripe sites by anonymous clients or ex-clients or (alleged clients or ex-clients), meanwhile, is the fact that some sites have a firm policy of refusing to remove postings, even when a complaint has been resolved. The argument behind such policies is that legacy postings provide a useful record for anyone who may be having similar problems with the same company in the future. But critics claim that this refusal to remove postings that have been resolved can cause lasting damage to companies that actually make a good-faith effort to resolve disputes, by leaving them looking as bad as if they made no effort at all. Tripped up Perhaps not surprisingly, anonymity has also been a growing problem at TripAdvisor.com, the acknowledged leader in consumer review websites. Earlier this month, the Mail on Sunday reported that a diner named "Leila F" claimed on TripAdvisor that she and a friend got food poisoning from a meal at one of British celebrity chef Heston Blumenthal's newest restaurants. But "rather than being a genuine case, it seems that Heston may be the latest victim of a growing trend in which people put fake reviews online to damage a business or person, or to provoke a reaction," the MoS noted. (A spokeswoman for TripAdvisor, the paper noted, responded that the company takes "the authenticity of our reviews very seriously and have numerous methods to manage the legitimacy of the content. If a review is found to be in breach of our guidelines, it will absolutely be removed from the site.") In February, meanwhile, TripAdvisor was obliged to rewrite some of its marketing claims by the UK's Advertising Standards Authority, which, responding to complaints from hotels, questioned whether the reviews posted on the site could be fully trusted. "The ASA said it was concerned that consumers might be fooled by fraudulent posts, since the entries could be made "without any form of verification", a BBC report at the time noted. (TripAdvisor, the BBC said, responded that the ruling was a "highly technical view" of "copy that was used in a limited capacity".) LMH
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#349175 Review #349175 is a subjective opinion of poster.
Devere Group's reply to:

DeVere Group- overview

Having attended the "training course" in Malta (easily passed), there is a lot of information they don't tell you until you actually get your contract in Malta- i.e. office costs, coordinator costs. On the training course I was on I overheard the recruiters being told not to book anyone with an accent or a foreign name. The company does provide a platform for individuals to work off and make money- if you're good that is and can put up with certain attitudes. Needless to say I did not take up the job when I got home- I was only an energy sales adviser to begin with. Had a lovely time in Malta though.
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#348644 Review #348644 is a subjective opinion of poster.
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Devere Group in London, England - DeVere..!!!

I wish i had known then what i know now...in fact i did but to be honest i was of the opion it was some disgruntle ex employees and i would make up my own mind !!! i was wrong.... i gave up everything to go work in sunny spain for a decent lifestyle and potentially a 100k year job !!!! now i can´t even afford to eat, let alone a flight home !!! I ask myself everyday how it came to this and whats worse.....i stuck it out for 12months......many times i went to resign but i am obviously easily led.....and they persuaded me to stay....i would get paid they told me !!!!! Never happened !!!!!
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#346609 Review #346609 is a subjective opinion of poster.
Devere Group's reply to:

Devere Group in Los Angeles, California - DeVere beware Wilson writing Scam

De Vere should beware of ****** ****** ex AES.  He is obsessed by negative blogs. He gets his high from writing them. Wilson has now moved back to London where he feels safe to write his negative material.  ****** ****** is ex Guardian, ex AES and soon to be ex deVere. ****** ******'s brother is a recruiter, James Wilson.  ****** ****** used to write negative blogs against Guardian Wealth Management now he can't stop himself writing about everyone.  ****** writes negative blogs for highs now. ****** ****** is a scam SEO artist. He can make anyone look bad. Lots of people know the truth about him and in the end his family will suffer. He makes others suffer what does he think will happen to him in the end. Wilson's are leaches. They just suck people dry.  ****** ****** used to take drugs for highs now he gets his highs from writing negative ***. Beware of the ******'s.
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#346134 Review #346134 is a subjective opinion of poster.
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Devere Group in Conyers, Georgia - DeVere Cold Calling Scam Revealed

Here are the cold calling tricks I was taught by devere.  If you are Xing or Linked-in or any networking site, you're in big trouble. This is a common place to obtain names. If I had an appointment with you, I would cross reference your name on Facebook and other networking sites before our meeting. Then take down a few names of people that you know or are connected to.  Innocently, in the meeting with you, I would ask if you know 'so and so' (of course you do!). You feel relaxed because you think I know one of your friends. I don't of course, I only wrote their names down an hour ago. "Great, I know him too, can I mention your name when I call him." you reply. "Of course!"  Next day. Ring ring. "Hi, I was given your name by so and so, he said you would be very interested in talking to me about blah blah!" Bingo, you have unwittingly recommended me!   Your office number is 0800 667000. So, let's call 0800 667001/002/003/004 etc, etc. Logging into the extension numbers is easy. Most major companies have a telephone system that attaches the extension numbers onto the end of the main number. I would stay late and wait until you had all left your office and then call the HO number but add a couple of extra number on the end and keep dialling until I got the voicemails and then I hear: "Hi, this is David Davies, senior auditor. Sorry I can't get to the phone right now."  Next day: Ring Ring. "Oh Hi David, I was given your name by one of your colleges who is a client of mine, he said you would be interested in talking to me about….blah blah blah." You assume, as I have your direct dial and know your name you really were referred!  I have many many more of these, but you get the idea. This is how I sold a load of dodgy policies to you guys but at the end of the day if you had bothered to do your research on devere you would never have let me in the office, so more fool you.
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#345781 Review #345781 is a subjective opinion of poster.
Devere Group's reply to:

Devere Group - Devere IFA's based in Malta office unregulated!!

Consultants based in the Malta office do business from Malta and claim they are calling from Spain What the hel is this company playing at? Seriously NIgel green needs to take a long hard lok at this mess of a company he is running. The office is basic and they do not own any buildings, the just rent out shoddy lock ups and say they have the biggest offshore financial company in the world. It's all smoke and mirrors. Terrible company to to business with or work for. To not go to a London preview if you to not have an English name as you will be discriminated against!
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#345685 Review #345685 is a subjective opinion of poster.
Devere Group's reply to:

Devere Group in London, England - Devere?? Kiss my derriere!!!

Just wanted to say thank you to all those who posted their comments on this despicable company. You all saved my life savings! They're kicking about in Dubai now, ripping of British expats who don't know better. Some tw@t from the company cold called me yesterday and won't tell me where they got my number from. I had the good sense to not get sucked into their fancy website and it took only 15mins of online research to figure out they're 100% scammers. Feel sorry for the poor people they have in they're grasps and that's employees and clients alike. Very few of their employees have any financial background.if you check the profile of the employees on LinkedIn. It's laughable when you see most of them worked as sales persons or model agencies. Then you only need go on YouTube and check out BBC Who stole my pension and , of course, websites like this one... then you go "Woaaah!!" I'm sure if I was willing to waste any more time on this useless company, I'd unearth more. I actually told the tw@t that and he said he'd rather spend "time can be better spent servicing our many clients who have benefited from the exceptional services we provide". He'll be spending a lot of time doing nothing as I don't believe any such happy client exists. I wouldn't touch DeVere with a barge pole. The only people making the money in that company are the swindling director and employees without a conscience. RUN AS FAR AWAY FROM AS POSSIBLE!!!!!
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#342307 Review #342307 is a subjective opinion of poster.
Devere Group's reply to:

Devere Group in Torrance, California - Devere Training Course-OMG!!!

deVere (via Nigel Green, the CEO, Steven Luckett, the global recruitment director and others) are professional scam artists specializing in ripping British expats off as well as draining their own financial consultants out of money and sexually abusing their female professionals. Currently they are feverishly recruiting young professionals in Spain, Portugal, Ireland and other western European countries where as a result of the financial crisis many have lost their jobs, but still have some savings left in order pay these criminals tribute for being f****d over. A year ago my friend was cheated out of $ 20 000 after being promised riches (no less than GBP 120 000 a year!!) and a splendid career. During a week-long deVere financial consultants' training course in Malta at the end of which (according to the excited cries of Steven Luckett, hopping around madly with patched up trousers at deVere presentation) participants had to stand an official independent financial adviser exam, she was approached by one of deVere representatives with an open offer to 'treat his male parts', in exchange for them 'making sure she got promoted'. As she refused, the representative suggested later on on the course that she 'lacked necessary sales skills' so to fail her deliberately and get rid of a living stain on his reputation. As it turned out, she would have been luckier to have failed the course than having been selected for the position of a financial consultant. Still not convinced? Read on. DeVere consultants do NOT get 120 000 a year and they do NOT get a professional IFA qualification. This is just a bait for the gullible who believe Steven Luckett, Nigel Green & Co. are telling the truth just because they cannot IMAGINE being fooled by a company with a beautiful website and (seemingly) a lot of connections, in the most outrageous way. After having passed the 'course', she had to spend another three weeks in Malta at her own cost, because Steven Luckett's announcement that 'deVere will arrange you everything, including visas and employment permits!' turned out to be an outward scam. After finally getting the visa on her own and moving to the destination country, she also discovered that she had to 'contribute' towards their office, heating, coffee, rubbish, toilet paper etc. costs. There were no computers at the office as they could not afford to pay for the Internet!!! Furthermore, please note: 'contribute' as it is understood in deVere, means to pay your share off completely or not get any commission. Phone bills she had to cover on her own - quite a feat if cold-calling and trying to attract angry for being pestered people takes you 95% of your working time, as it 'is not up to the company to give you leads' (what did we train you for?!). After having lived for 3 MONTHS on her own and her parents' money, it finally dawned to her that the well-deserved commission was due to her at this rate no sooner than by 2050. She quit the company and is a living proof that a loss of $20 000 and a sore *ss is all you can get from these beggared scammers, sexual predators who have apparently come from a slum. Be on your guard, please beware of these parasites.
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#339341 Review #339341 is a subjective opinion of poster.
Devere Group's reply to:

Devere Group in Torrance, California - Devere-Disgrace to Industry

Devere are an absolute disgrace to genuine IFA Brokers globally. They bring the offshore market and genuine IFA's a bad name. Two high level DeVere Directors recently resigned under a close of controversy, Simon Pratt (Devere director on run from HK tax authorities) & Spencer Lodge who reneged on his bid at a charity auction in connection with Sir Elton John's aids foundation. This is the tip of the iceberg with Nigel Green being caught like the rabbit it the head lights himself by BBC Panorama documentary 'who stole my pension'. All about the various dubious companies Nigel Green fronts or is behind, their thieving, lying, cheating underhand ways & mechanics. Nice glossy website does wonders these days to impress!!! Look at what's behind it, do your research before you commit to anything deVere as you'll probably only regret it.
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#338641 Review #338641 is a subjective opinion of poster.
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Devere Group in London, England - Devere recruitment

I have been a financial adviser since 1989 and have had the privelage to work with many reputable companies. This lot are a disgrace to the industry. They constantly contact me offering all sorts of positions and benefits in malta and other countries ! I ask one simple question everytime ! " who pays for the flight & accommodation ? Guess what ? Speaks volumes ! Never worked for them; never will ! SIPPS is their next big *** ! Did you know that the Suez canal was being widened? Yes is the answer !We all do ! Many positives to be gained but De Vere are not worth the slightest consideration in my opinon.You will lose your money!
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#338124 Review #338124 is a subjective opinion of poster.