Bloomberg Businessweek

Targeting the Nest Eggs Of U.K. Expats

• Former employees say the SEC is probing DeVere Group

• “You cannot be anything but squeaky clean, or it will show”

Wherever there are British expatriates with money, a DeVere Group office isn’t far away. The company opened a U.S. outpost in 2012, hiring mainly young British men to call U.K. citizens living in the U.S. to make a pitch based on a wrinkle in British tax law. Some workers with retirement savings back home could transfer them overseas and avoid British taxes they’d have to pay when they withdrew the money. DeVere could help

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