Devere Group's reply to:
Devere Group - Beware *** men working at Devere Moscow
I am posting to advise on some of the past histories of Devere financial consultants.
All of them are totally unregulated and some even have a criminal record in the UK. They are here pure and simple to rip potential clients off by signing them to ridiculously long savings periods with small returns. They are paid a very generous commission up front and at no time do they explain how long the initial period is for on the policies. There is one guy who owes Devere in excess of $50k in claw backs as he mislead a number of high profile clients during his stay there. The area Managers actively encourage the advisors to lie and evade answering questions so they can get their 4% overide.
The training manager is taking backhanders from other competitors to pass leads and personnel.
How do I know all this?? I worked at it for 5 years plus and now work for a reputable company in Moscow
Monetary Loss: $9000.