Introduction

The purpose of this Anti-fraud policy is to set out our stance on fraud and cheating. We comply with applicable legislation, including the Fraud Act 2006 and other regulatory requirements and applicable guidance. We are committed to run business fairly, openly and honestly and in accordance with the highest ethical and legal standards.

Scope

This policy applies to our business worldwide, including entities owned and controlled by us. This policy is applicable to and must be followed by all users. Failure to comply with could result in termination of your User Account and withholding of your available funds in your account in addition to reporting the same to the relevant law enforcement authorities.

Policy Statement

We have a ‘zero tolerance’ policy towards fraud. This means that we:

a.    Don’t accept any level of fraud within our organization or by User or any other third party; and

b.    Will always seek to take disciplinary and/or legal action against those found to have perpetrated, be involved in, or assisted with fraudulent or other improper activities in any of its operations. 

We are committed to creating an anti-fraud culture and keeping the opportunities for fraud to the absolute minimum.

We require you to act honestly and with integrity at all times and to safeguard the interests of our business as well as other users. 

What constitutes fraud?

A person is said to commit fraud who is making an untrue, false or misleading representation with the knowledge or intention to that effect for the purpose of making a gain for oneself or another or causing a loss, or risk of loss, to another person, user or Website.

Measures to control fraud:

We will seek to assess and determine the nature and extent of risks of fraudulent activities. We regularly review these risks on the basis of information on actual or suspected instances of fraud. We use our best efforts to put in place efficient and effective measures, procedures, technological measures, and internal controls to create an anti-fraud culture, prevent and detect fraud and reduce the risks of fraudulent activities.

We equip our staff with appropriate skills, knowledge, and expertise to prevent fraudulent activities effectively. We also provide adequate training and technologies to make our staff aware of the risks of fraud, and how to prevent, detect and report the same.

We closely work with relevant service providers for the purpose of preventing and detecting fraudulent activities. We do report the fraudulent activities to the relevant government authorities to penalize those responsible for the frauds. In case you find any fraudulent activities, you are requested to report us through (Email) so that we may deal with the matter in accordance with this anti-fraud policy and applicable laws.

If you have any query relating to the Anti Fraud Policy, you are welcomed to contact us via:

Email: [email protected]