Reply by Devere Group

deVere clients regularly receive bank beating returns on their investments. All investments carry an element of risk which is again further highlighted in the paper work signed by new investors. All deVere financial advisers are fully trained and qualified fulfilling deVere’s strict adherence to international regulatory laws.
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I agreed to see them here in Basel Switzerland as a potential investor. They lost credibility in my eyes

- when they tried to make me believe a 25% return was possible and without risk

- they ridiculed me for asking what the underlying structure of the deal was (do you know how every piece of your car works? Are you saying 70k people are all investing badly?)

- they offered a tax effective investment without being licensed to advise on a swiss residents tax position i.e. bulls**t

If it sounds to good to be true it probably is.

I know a couple of the guys who work there. Nice guys, but include a used car salesman and two humanities graduates. Not one financial bit of training among them. I sweated through degrees in pure maths, statistics, accounting, finance and an MBA and think i can see reality from fluffy blah blah and this is the latter.

Great website. Keep up the good work guys.

Monetary Loss: $1.

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