DeVere boss hits out at mis-selling allegations and STM ‘conflicts’
DeVere Group founder and CEO Nigel Green has addressed supposed conflicts of interests in his previous connections to STM, allegations of mis-selling and supposed hard-sell tactics, in a video interview conducted by former Sky News interrogator, Martin Stanford.
In a follow-up to a recent exclusive interview with International Investment, which was published in our first ezine edition last September, Green recently agreed to be further grilled by the former Sky News interrogator, in a special 45-minute video interview that has been published on the firm’s website
In the interview Green dedicates a five minute section to address his involvement with STM and explains the reasons for his withdrawal of his investment.
As reported, STM has been in the news in recent months after the company revealed that its chief executive, Alan Kentish, had been arrested by Gibraltar police for allegedly failing to disclose information to the authorities there about a client who had been involved in a tax dispute between two jurisdictions.
The company said that there was no merit in the allegations and the dispute was later resolved. STM has since moved its head office out of Gibraltar and into the UK.
In the interview Green also addresses deVere’s business practices, complaints, allegations of mis-selling and hard-sell tactics, regulatory run-ins, the challenges of the industry, how the sector is evolving, cryptocurrencies, and his vision for the future.