Update by user Aug 18, 2016
There answer is typical of what i am receiving for last 5 years and they are running away from their responsibility. I will advice all to stay away from them.
The fact is you acting on their advice and when it goes wrong they dont take responsibility or even try to take corrective actions.
Even now I am struggling for 2 months to withdraw the little bit of my funds that is left without success. Quite a few people in Mozambique had lost money due to their incompetence and ignorance
Original review posted by user Aug 15, 2016
Devere is not a company to deal with. They give you bad advice, take their commissions and then ran away.
In Mozambique they had even closed their offices when they realised there are to many unhappy customers in Mozambique. After they closed their offices here it took about 18 months before I was able to meet with a representative from their Zimbabwe office who apparently now oversees the operations in Mozambique. I was contacted on a few occasions with a request to meet a representative in Maputo. I agreed every time but it never happened.
A few of their own employees had even said to me the advice given to me was totally incorrect and my funds should not have been invested through the platform it was invested or invested in the funds it was invested in. it seems like they went for the highest commissions for themselves on not looking after my interests. I lost more than USD 200 000 due to their bad advice and are still loosing today as I am trying to get out but it seems like it is impossible or Devere does not want to assist in this. I just can not get answers out of them.
Even their client relations does not give you satisfactory answers. I had tried that route and took them about 4 weeks to give a very unsatisfactorily answer. My advice stay away from Devere if you want to keep your money safe. It is my plan to report them to the ombudsman and my attorney is working on the submission.
Entities like these should be closed down by the authorities world wide. I don't hide therefore herewith my contact details: Email: email@example.com Tel no +258 823083630
Product or Service Mentioned: Devere Group Consulting Service.
Reason of review: Bad quality.
Monetary Loss: $250000.
Preferred solution: Full refund.
I didn't like: Bad advice, Incompetent, High charges.