I invested $1250 per month into one of their regular savings plans about 8 months ago. I was told the initial period was 3 months and if I stopped paying I would lose that money and the policy closed down.
I accepted that as it seemed to be fair enough to me. However last month, due to unforseen circumstances, I could not continue the policy any longer and needed to cash in the small amount I had been putting away from month 4 onwards. When I tried to call my advisor his phone went to voice mail each time.I then tracked down the policy holder in the Channel Islands and after a lengthy process established that the paperwork given to me by the Devere consultant differed to the original documents at the company. I am going legal with this as it turns out my initial period runs for 18 months and not 3 as I was lied to by Devere.
I am left feeling totally ripped off and do not trust this company to reimburse me as they have nor been willing to even discuss it with me personally. It probably won't make a big difference to them but I am telling everyone I meet in Moscow and Eastern Europe to avoid this company at all costs.
It seems they hire loutish, aggressive, thugs that promise to help you but in fact just want to make a hefty commission. I know this company is not allowed to trade in certain areas of the world, lets hopee they get out of Moscow and everywhere else sometime soon.
Monetary Loss: $10000.