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deVere Group review: DeVere scam, fraud and sexual harassment 15

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9:43 pm EDT
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deVere (via Nigel Green, the CEO, Steven Luckett, the global recruitment director and others) are professional scam artists specializing in ripping British expats off as well as draining their own financial consultants out of money and sexually abusing their female professionals.
Currently they are feverishly recruiting young professionals in Spain, Portugal, Ireland and other western European countries where as a result of the financial crisis many have lost their jobs, but still have some savings left in order pay these criminals tribute for being f****d over.
A year ago my friend was cheated out of $ 20 000 after being promised riches (no less than GBP 120 000 a year!) and a splendid career. During a week-long deVere financial consultants' training course in Malta at the end of which (according to the excited cries of Steven Luckett, hopping around madly with patched up trousers at deVere presentation) participants had to stand an official independent financial adviser exam, she was approached by one of deVere representatives with an open offer to 'treat his male parts', in exchange for them 'making sure she got promoted'. As she refused, the representative suggested later on on the course that she 'lacked necessary sales skills' so to fail her deliberately and get rid of a living stain on his reputation.
As it turned out, she would have been luckier to have failed the course than having been selected for the position of a financial consultant.
Still not convinced? Read on.
DeVere consultants do NOT get 120 000 a year and they do NOT get a professional IFA qualification. This is just a bait for the gullible who believe Steven Luckett, Nigel Green & Co. are telling the truth just because they cannot IMAGINE being fooled by a company with a beautiful website and (seemingly) a lot of connections, in the most outrageous way.
After having passed the 'course', she had to spend another three weeks in Malta at her own cost, because Steven Luckett's announcement that 'deVere will arrange you everything, including visas and employment permits!' turned out to be an outward scam. After finally getting the visa on her own and moving to the destination country, she also discovered that she had to 'contribute' towards their office, heating, coffee, rubbish, toilet paper etc. costs. There were no computers at the office as they could not afford to pay for the Internet!
Furthermore, please note: 'contribute' as it is understood in deVere, means to pay your share off completely or not get any commission. Phone bills she had to cover on her own - quite a feat if cold-calling and trying to attract angry for being pestered people takes you 95% of your working time, as it 'is not up to the company to give you leads' (what did we train you for?!).
After having lived for 3 MONTHS on her own and her parents' money, it finally dawned to her that the well-deserved commission was due to her at this rate no sooner than by 2050.
She quit the company and is a living proof that a loss of $20 000 and a sore *ss is all you can get from these beggared scammers, sexual predators who have apparently come from a slum.
Be on your guard.

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Update by In truth...
May 11, 2011 9:53 pm EDT

I hear that they are particularly active in Ireland - via their recruiter Paul Kingston (if I remember the name right). Do Not even speak to him!
I have read many complaints on various sites about him, f...ing people over. E.g., lying about financial consultants' duties and lying about the training course arrangements supposedly made by deVere, until people actually go to Malta and find out that they have nowhere to stay and nothing to eat.
Cheat.

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15 comments
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Mo Hamad
, US
Sep 06, 2019 4:52 am EDT

Watch out for Dan Lungut in their London office. ...this is a total total scam...

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ss456
, US
Sep 19, 2019 5:51 am EDT
Replying to comment of Mo Hamad

Hey Mo, what happened in your case?

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Mo Hamad
, US
Sep 06, 2019 4:51 am EDT

Watch out for Dan Lungut in their London office

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Leo Ehrlich
, US
Apr 23, 2019 4:31 pm EDT

I got scammed on the Vista plan and lost 30k dollars. If you're considering doing the same, please research online and don't!

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Leo Ehrlich
, US
Apr 23, 2019 4:31 pm EDT

I got scammed on their Vista plan and lost 30k dollars. If you're considering doing the same, please research online and don't!

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Steve roberts
, PH
Aug 14, 2018 2:58 am EDT

De Vere are scumbags of the highest order. Invested 100, 000 USD. It is all locked up in Notes. I can not get any cash out. I have been in De Vere for 5 years. SCUMBAGS.

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white liberal male lol
, US
Jul 27, 2018 6:45 am EDT

Just being approached with this deVere tripe, currently got the 'webinar' that I was invited to open on another tab with Nigel the CEO harping on about the training course. I dug around a bit, warning signs everywhere. And even IF you do manage to make some money (most probably you'd have to be a conservative white male) why do you wanna spend your life/make your money cold calling and scamming people. Slimy, snakey business men.

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Stephen1973
, US
Jul 11, 2018 10:38 am EDT

My word so sorry to hear of your awful stories of loss but its not your fault these guys in De Vere are the best at what they do. The spin doctors employed are incredibly good at giving an air of respectability to a basically a bunch of confidence men. Its worth taking a look at youtube to see the fake news interviews that so called respected journalists get involved with to feed this false façade of De Vere https://youtu.be/86vg9MjBlGs
I have become very wary of so called gatekeepers of pension scams for example pension-life a website run by Angela Brooks is quick to highlight other companies and veer from writing anything negative about the De Vere group. Its my belief the site is a mechanism for maintaining growth in various jurisdiction's for De Vere by targeting his competition. I find it incredulous that De Vere has being fined and thrown out of multiple jurisdictions and no one is picking it up.

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peterson price
, US
Jan 24, 2018 8:06 pm EST

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, US
May 06, 2017 9:06 am EDT

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, US
Feb 09, 2017 9:11 pm EST

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Tony Rothchild
, US
Jan 23, 2017 5:27 pm EST
Verified customer This comment was posted by a verified customer. Learn more

After I got scammed I was literally suicidal as I had invested my life's savings. Luckily for me I got referred to an EC council certified hacker, he was able to recover 90% of my stolen funds thanks to his skill set. If you'd like to reach out to him then feel free to contact him via email on Jack_forest@programmer.net

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tantitan
kent, GB
Mar 02, 2014 9:02 pm EST

my friend got date raped at work reported it to the police etc - police told her to check her finances as sometimes attackers ask for finance details - her parents live in spain - she thinks they asked for her parents details when drugged and passed them onto this company. Devere started harrasing her parents out of the blue and they had loads of info on them. SCARY STUFF

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Simon Pratt
Torrence, US
Aug 10, 2012 6:36 pm EDT

Toby Williams of devere Bangkok has given me the run around for 2 years. I originally signed a 25 year Generali retirement policy with him after he did the hard sell on me.. He did say we would have meetings every quarter, this failed to happen;. My investments have gone down, he is too busy trying to earn more commissions with new clients?.

I feel absolutely cheated, violated by his lies about how good the service would be.. There hasn't been any just excuses?. I've since found out he was selling houses in UK, has no prior financial services knowledge and lies about his past qualifications'. This seems to be a common thread with devere staff, lies, cheating, being conservative with the truth.
I've since found out that 70% of the staff in that Bangkok office don't even have proper work permits, they work illegally like many other Devere offices. When will the authorities crack down on these parasites that cause so much misery?

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optionplayer
London, GB
May 22, 2012 4:16 pm EDT

sadly they are workig on many ambitious hungry individuals that wish to beleive firts !

Time Share & this is much in common,
they are just scams,
here they scam the salesman & sell Third rate product that is so front loaded
that the customer is scewed - they should be
banned or better the true representatives, should be be taken asside & brushed up against the WALL! as FSA and officla regulatory authoritiy do not police properly!