One of the biggest personal finance concerns many people have faced over the years is dishonest advisers selling complex, high-commission financial products to unsuspecting investors that can lock them in for years.
Amber Waheed was one of them. Amber lost $80,000 after being duped by her advisor, Neil Grant into signing up for long-term investments she believed were low risk.
It is a familiar, heart-breaking tale for many. But Amber decided to fight back and took her case to the UAE regulators. This was the first step in what turned out to be a landmark legal case in the UAE when Neil Grant was convicted of offering financial advice without a licence.
Amber joins host Felicity Glover, the Personal Finance Editor at The National, to talk about her experience and share advice to victims of financial fraud.
Thank you for listening!
Questions/Feedback or to receive a copy of our 'stories across the emirate' newsletter, please email us on hello@wizbizla.com
Follow the show, subscribe on Apple Podcasts to be reminded whenever a new episode arrives https://podcasts.apple.com/ae/podcast/expats-in-dubai-podcast/id1569143426
Say hello on Instagram and get visual updates https://www.instagram.com/amber.waheed.wizbizla/
Amber Waheed, is the author of 'The Great Fraud Fightback' in which she shares her story, lessons learnt and advice on winning a landmark court case in Dubai against financial advisory fraud.
One of the biggest personal finance concerns many people have faced over the years is dishonest advisers selling complex, high-commission financial products to unsuspecting investors that can lock them in for years.
Amber Waheed was one of them. Amber lost $80,000 after being duped by her advisor, Neil Grant into signing up for long-term investments she believed were low risk.
It is a familiar, heart-breaking tale for many. But Amber decided to fight back and took her case to the UAE regulators. This was the first step in what turned out to be a landmark legal case in the UAE when Neil Grant was convicted of offering financial advice without a licence.
Amber joins host Felicity Glover, the Personal Finance Editor at The National, to talk about her experience and share advice to victims of financial fraud.
Thank you for listening!
Questions/Feedback or to receive a copy of our 'stories across the emirate' newsletter, please email us on hello@wizbizla.com
Follow the show, subscribe on Apple Podcasts to be reminded whenever a new episode arrives https://podcasts.apple.com/ae/podcast/expats-in-dubai-podcast/id1569143426
Say hello on Instagram and get visual updates https://www.instagram.com/amber.waheed.wizbizla/
Amber Waheed, is the author of 'The Great Fraud Fightback' in which she shares her story, lessons learnt and advice on winning a landmark court case in Dubai against financial advisory fraud.