Prestige Wealth Solutions

PWS advised me to pay into a fund and switch into another after a year and a half. Subsequent meetings with other IFA's have alerted me to the fact that this advise was purely based on their desire to earn double commissions and hence my charge has doubled. Craig McConnon and Alex Herbert are best left well alone.

As an ex female employee of PWS - Prestige Wealth Solutions from January 2014 to April 2014 all I have to say to a prospective employee (or potential client) is DO NOT WORK FOR THEM EVER!! They are liars, cheats, bullies, sexist and vile *** bags.

I have had to return to the UK after spending all my savings and getting into massive debt after I (and others) stupidly fell for the dream they sold me. At the group interview held by PWS - Prestige Wealth Solutions in a hotel by Heathrow Airport hosted by Craig McConnon, Jamie Scott, Alex Herbert and Afzaal Abbas (aka Joe, Af or fondly known by the other guys in the office as Hitler) was promised a proper salary and rent contributions as well as flight home, visa and medical insurance and I was also told I would be earning approx £40K - £50K within my first year and that I would only need £2000 to start up there whilst everything was being processed. I had researched everything as I had heard the all the horror stories about DeVere and GlobalEye pay structures but they promised to be something different, oh how wrong I was.

Regardless of what the contract actually says (see this on the links above) this is worth nothing as at PWS - Prestige Wealth Solutions they do not follow this in fact PWS - Prestige Wealth Solutions don't pay you a salary they loan you 6K AED and when you finally get advisor they give you 3K AED from that you are in debt 6K every month till you earn something which is impossible if you are new to the country with no connections like I was.

I got no help when I was there even when I asked and when I had to move apartment several times no one helped from PWS - Prestige Wealth Solutions helped me to find a place like they said they would. PWS - Prestige Wealth Solutions always paid my wages late and to this date they still owe me money for the things they promised, they made you stay late sometimes till 9pm with no notice, they forced you to go to company events, as a female in that place I was always mocked for what I wore, my makeup and hair also I was ignored and left out of conversations and they always moved my desk for no reason.

The way PWS - Prestige Wealth Solutions get data is a joke as well, they call companies pretending to be from the Expo2020, Event companies or British Embassy to try and trick the receptionist into giving British names and numbers. PWS - Prestige Wealth Solutions used to promise the under paid staff at stores like DU, Etisalat and laundries jobs in exchange for data, pay recruiters, estate agents and gyms for data as well basically anywhere English ex pats would go they would hustle and bribe their way in. My advice would be not to give your mobile number to any of these places and if you do just by an alternative sim and then watch the calls come in.

PWS - Prestige Wealth Solutions is basically a boiler room, hit them hard and fast to get their money before they realise what's happened and it's all under the guise of 'helping people'.

PWS - Prestige Wealth Solutions have no license even though they claim too, they rent an office along with all the equipment, no one has a visa (some as long as 6+ months) with the only people having visas are those closest to Craig McConnon (MD). If it was to all go *** up they could easily cut and run leaving everyone high and dry.

When PWS - Prestige Wealth Solutions opened their new office at The Oberoi Centre (Office 901) in Business Bay there was no license so they were not legally allowed to trade but that did not stop them and when there was an inspection we all had to leave the office but instead of going home they made us stay in an office in the other building to get their monies worth, I bet now they are still doing it.

Also this mob are so paranoid they read ALL the staff’s E-Mail both in and out and do not allow you to change the passwords on your PC so that they can go through them when you are not in the office, they also read your personal E-Mail if logged in and also have keyloggers on the PC’s to read what you put.

The advisors there do not have licenses although some claim to have UK qualifications.

Also PWS - Prestige Wealth Solutions have now opened an office in Qatar (where they said I could go as well but lied about that too), Cape Town and Johannesburg again all with no licences or backdoor ways in.

All I can say is that I wouldn't meet or trust these cowboys with anything and I am glad I am back in the UK away from these *** bags!

I warn anyone that is offered a job with them DO NOT TAKE IT or anyone thinking about doing business with them DON'T!!

You may think I am being out of order, bitter, vindictive or just lying about this but I can tell you now I am not, the reason I did this is because they screwed with me personally and financially and although the rest of these blogs you read may (as they claim to people that have see them) have been written by other brokers this is a genuine blog that has been backed up with images and contracts that they will no doubt try and get removed so that nobody reads this or tell you that I was *** at my job or some other rubbish to focus you away from this. Trust me, trust your gut, ask your pension provider.

See more on my blog at ***

I work for BAE and have encountered these guys and their 'selling techniques' and I have to say that they do not leave you alone!

I made the mistake of speaking to one of their guys on the phone and telling him that I had a 20yr pension but I did not want to do anything with it just yet as I wanted to speak to my wife.

They then constantly called my mobile, my office and also sent me emails to try and speak to me even though I told them I wanted to think about it.

A few days ago I was in my office and had the switchboard call me and informed me that one of their guys was in the office looking to speak to me as he was there seeing someone else so thought he would see me too!!!! Naturally I declined.

I have since spoken to a few of my friends that work here and they told me that they tried the same with them.

We will now be spreading the word around the company about PWS and telling the switchboard to block all calls.

Upon further researching I found this site and it has confirmed my fears about this company and that how the advisors and management are supposedly *** men and scam artists that operate an unregulated company that is basically a boiler room scam.

I also located this PDF that makes for a good read as well.

Alex Herbert and Craig McConnon are linked to the below and their new venture has been funded by the below. Unregulated Thieves!

I will bring this company to justice! Pay me my money back. 18 months and I can have my money........ such lies!

http://rebeleconomy.com/dubai/the-middle-easts-latest-scam-carbon-credits/

They are unregulated, unqualified and using another company to put their business through as they cannot do it themselves.

How can a company operate in Dubai with such a bad reputation?

Is there anybody that can help as I do not know where to turn now!

YOU STOLE MY PENSION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I hope you can justify this to your own family!

Alex Herbert Prestige Wealth Solutions Scam and Craig McConnon Prestige Wealth Solutions Scam are continuing to commit fraud and continue to scam innocent people out of their hard earned cash.

The Alex Herbert Scam is the same as Craig McConnon Scam in that they operate under a company name that actually doesn’t exist and have been reported to the authorities by over 40 people who have already been ripped off.

They are charmers but they have lied through their teeth to me since I invested my virtually my whole life savings and have scammed me, conned me, cheated me - just choose one that you feel is appropriate.

I only found out about them when I read an article issued by the Dubai regulatory authorities informing people they have no licence to operate in the UAE and that legal proceedings have commenced against them. I am such a fool but these people must not be allowed to get away with it.

Alex Herbert and Craig McConnon are Directors of Prestige Wealth Solutions Dubai UAE and must be avoided at all costs unless you are ready to lose your money and be scammed by these fraudsters. Please don’t get taken in by them.

Alex Herbert approached me via a charming lady called J in Dubai and within a week I had met a Alex. Then basically scared me into starting a 25 year savings plan! I told him that I felt uncomfortable in doing this as I only had a 3 year contract but he said that I would be able to get my money out of the the 25 year plan whenever I returned to the Uk???? Upon 3 years being up, I asked Alex where my money was and he said he would sort it out. I then contacted the company where I was paying my money and they said it had been all lost!

Since the above I have found out that Alex went to Spain and was thrown out of there for giving wrong advice and now he is back in Dubai giving advice unregulated through PWS in the other MENA countries.

Please be careful when meeting him as he is not allowed to do business as he is banned! Just like the company he is working for, PWS has no licence anywhere. Just ask for it and see what is produced. I bet it is a forged document!