In a blog on this site the marketing director Mrs Natalie Hall of RL360 says
" RL360° is authorised to conduct business in the UAE through our Representative Office licence from the Ministry of Economy."
This may be right in general terms but unfortunately it is not licensed to conduct insurance business which is a federal crime to do without the right license. I would say this is therefore very misleading.........
She then says they only work with licensed brokers - this is a complete lie as I have just finished working for a BVI business with no work VISAs and no license who pushed me to use RL360 because they paid more commission than any other company as they dont have to pay for licensing.
She then says more clarity is required but the law is the law and this bunch of crooks are fully bent on breaking it. They aid money laundering and commit financial crime by doing what they do. The local reps and Ms Hall should all be locked up
Print her comment on this blog and give it to the police to show they are complicit in what is happening "In the meantime we are not aware of any changes to our Representative Office status and will remain open for business for all advisers that have the appropriate regulatory status. "
They are fully aware that they are acting against the law they are a boiler room scam!!!!!!!!!!!!!!!!!!!
If I can help anyone with individual enquiries please do not hesitate to contact me.
Kind regards Natalie Hall Director of Marketing, RL360 Email: firstname.lastname@example.org www.rl360.com