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CB Investment, Insurance and Financial deVere Group Inability to withdraw remaining bad investment.
deVere Group

deVere Group review: Inability to withdraw remaining bad investment. 1

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1:12 pm EST
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My collective investment bond invested with De Vere Qatar in 2007 is now worth about 20% of what I invested. I have been sending emails to various Devere email addresses and have had no luck in cutting my losses and withdrawing what is left. They advertised that they were investment advisors and that I would receive advice every quarter. In 18 years I have received absolutely no advice. the investments have been sent to various companies over the years and presently are with Utmost. I have tried to withdraw the funds from Utmost and they too don't provide the appropriate assistance to withdraw the funds.

Claimed loss: $81000 USD

Desired outcome: Refund of initial investment.

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skinnyloe
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Mar 27, 2025 9:07 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

I completely understand your frustration, as I’ve been through something very similar with another investment firm. My investment was also made in 2023, and like you, I saw it lose almost all of its value over time. I had no communication, no advice, and despite numerous attempts to get in touch with the firm, I was left with no real answers. It felt like I was completely ignored by both the company and the fund managers. I eventually decided to look into professional assistance after sometime and found Techchainconsult, a firm that specializes in helping people with situations like this. They were incredibly helpful and very proactive. Within eight weeks, they managed to facilitate the withdrawal of my investment, including the portion that had been trapped for so long.

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  3. deVere Group emails
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    281, Seefeldstrasse, Zurich, New South Wales, 8008, Switzerland
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    Apr 02, 2025
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deVere Group Category
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Inability to withdraw remaining bad investment.
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