$50 M of deVere client money was recently locked down in Nigel Green's UAM Fund that he had his secretary Bev Yoemans front.
International Advisor reported this astonishing news last week (May 2013).
Nigel Green is no stranger to running his own funds into trouble, he has a track record which is documented.
I bet 90% of these clients didn't even know it was a deVere fund? DeVere have a habit of being conservative with the truth (as well we know).
Search International Advisor- deVere $50 Million client money frozen.
You'll see the backstage antics behind the scenes, but fortunately for deVere clients authorities have stepped in. Nigel Green has taken his name off as Director (what a surprise)...
There will be much more bad news coming about these thieves, just wait and see.
Monetary Loss: $50.