Legal
1. Purpose of Reporting
Scamrader allows users to submit reports about suspected fraudulent or deceptive financial activity. Reports help protect others by identifying potential risk patterns. All reports are treated as allegations until reviewed and are presented for informational purposes only.
2. Accuracy & Good Faith Requirement
By submitting a report, you confirm that:
- The information you provide is true to the best of your knowledge
- The report is based on a real experience or reasonable suspicion
- You are not submitting the report to harass, defame, or damage someone's reputation
You understand that you are solely responsible for the content you submit. Submitting knowingly false, misleading, or malicious reports is strictly prohibited and may result in account suspension, removal, or legal action.
3. Evidence & Substantiation
Users are strongly encouraged to provide supporting evidence (e.g., screenshots, transaction receipts, communication records) to substantiate their claims. Scamrader does not guarantee independent verification of all reports and relies in part on user-provided information
4. Prohibited Reporting Behavior
You may not use Scamrader to::
- Target individuals out of personal disputes.
- Submit fabricated claims.
- Spread misinformation.
- Harass, threaten, or intimidate others
- Post sensitive personal data (e.g., bank BVN, ID numbers, home addresses)
Violations may result in account suspension, permanent removal, and/or escalation to relevant authorities.
5. Report Review & Verification
All reports may be:
- Reviewed by automated systems
- Flagged for manual review
- Assessed based on available supporting evidence
Scamrader reserves the right to:
- Edit reports for clarity
- Remove reports that violate policy
- Mark reports as “Under Review,” “Verified,” or “Unverified”
6. Risk Scoring & Display
Risk levels shown in the app are based on:
- Number of reports.
- Pattern analysis.
- Supporting evidence.
- Historical activity signals
Risk levels reflect data-driven insights, not legal determinations of guilt or wrongdoing.
7. Anonymity & Privacy
Reporter identities are kept confidential.
However, Scamrader may disclose relevant information where required by law, regulation, or lawful request from authorities.
We may also anonymize or aggregate report data to protect user privacy while preserving safety insights.
8. Cooperation with Investigations
By submitting a report, you agree that:
- You may be contacted for additional information or clarification.
- You may be required to cooperate in the event of an investigation or legal process related to your report.
9. Information Sharing with Authorities
Scamrader may share relevant data with law enforcement or regulatory bodies (including but not limited to EFCC, CBN, or the Police) where there is a lawful basis to do so.
10. Dispute & Appeal Process
If an account holder believes a report is inaccurate, they may:
- Submit a dispute request
- Provide supporting documentation
- Request review of the risk classification
Scamrader will evaluate disputes in good faith but reserves final discretion over content moderation and classification outcomes.
11. Retention of Reports
Even if a reporting user deletes their account:
- Reports may be retained in anonymized form
- Risk insights derived from reports may remain active
This ensures continued protection for the community.
12. Limitation of Liability
Scamrader is not responsible for:
- The accuracy of user-submitted reports
- Any decisions made based on information presented on the platform
- Any damages arising from reliance on reported data
Use of the platform is at your own risk.
13. No Legal Determination
Reports and risk scores do not constitute:
- Criminal findings
- Legal judgments
- Official fraud determinations
They are informational tools designed to support safer decision-making.