Scammers impersonate deVere advisers to trick clients

The UK arm of international advisory firm deVere Group has been the target of another cloning scam, with perpetrators imitating its advisers and forging business cards to dupe clients, the firm's UK chief has said today.

Head of financial planning Kevin White said sophisticated scammers are going to "extraordinary lengths" to dupe large numbers of people into investing in their schemes. He said they had targeted consumers in deVere's name, even impersonating its staff, while copying the group's branding right down to its stationary. He said: "It has become clear that scammers are using the identity of deVere United Kingdom to dupe unsuspecting people into investing large amounts of their life savings based on their so-called ‘advice', often using aggressive sales tactics. "The fraudsters are going ...