deVere hit with huge fine. (Dubai)
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International financial advisers deVere have made a whopping settlement of $8m with the Securities and Exchanges Commission in the United States:
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This settlement was related to QROPS business - the same type of business that DeVere does in the UAE and many other countries:
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If you have been sold a pension transfer scheme by deVere, or any of their ilk, you should read and research this story.
I believe that pension transfers and QROPS has been the greatest mis-selling scandal of the past decade.