Lucky Tiger Anti Fraud & AML Policy

The anti-fraud policy is applied to defend players’ data and make their gambling secure. Detecting and punishing such kind of criminal activity is very important for Lucky Tiger. The company uses modern technologies and does everything possible to find fraudsters and secure players from scams.

As a part of its anti-fraud policy, the company implements modern methods of fighting criminal activity. The players who want to earn money illegally or steal the personal data of other players are quickly found. There is a reason for that because Lucky Tiger applies special tools to the platform to prevent fraudsters:

• The security service constantly monitors the actions of the players on the website and analyzes suspicious accounts;
• A specially developed system helps Lucky Tiger to notify the criminal activity;
• All players have to go through the verification to prove their identity;
• All gambling activity on the website is observed.

Lucky Tiger asks the players to contact the security service in case they notice any suspicious activity.

Anti-money laundering (AML) policy serves as an instrument for detecting and punishing financial crime. Lucky Tigers applies strict measures to find those players who create fake accounts and use stolen payment methods for money laundering. The AML policy has already shown itself as a powerful policy that secures casinos from illegal financial activity.

The know-your-customer (KYC) policy serves to identify the player and prove that his account is real. Verification is a very important part of AML policy that helps the casino to detect financial crime. The identification process is necessary to complete if you want to withdraw your money. It requires you to provide the security service with identifying documents.

The requirements for users’ Identification are different and depend on the amount of withdrawal. The verification consists of three steps, and each of them requires different actions to take:

1. The first level of identification is compulsory for every player. It requires the user to fill in the document with the following data: first name, second name, date of birth, country of usual residence, gender, and full address.
2. In case you deposit more than 3,000 AUD or send over 1,650 AUD, you will be asked to send your ID for identification of your account.
3. If you deposit or withdraw more than 8,000 AUD, you will be asked to provide the security service with your source of wealth. That applies if you send more than 5,000 AUD to another user as well.

If the amount of your deposit is bigger than 13,000 AUD, then you have to prove your source of wealth. The security service must understand where your fundings come from and whether this transaction can refer to money laundering or not. Here are the possible variants of sources of wealth that you can provide:

• Ownership of business;
• Employment;
• Inheritance;
• Investment;
• Family.

It’s necessary to provide legal SOW to ensure the security service that you can deposit or withdraw high amounts of money on your balance.

Lucky Tiger security service uses transaction monitoring for suspicious payments detection. This monitoring works in three lines of control:

1. First Line. The casino works only with reliable partners who process the payments. These companies detect suspicious activity that doesn’t correspond to their effective AML policy.
2. Second Line. The company informs all necessary bodies, such as AML officers or verification services, that the player is suspected of some criminal activity. This data signals that these services have to be cautious and check the user’s account.
3. Third Line. The security service manually checks accounts for unfair activity, and if they find it, they send the information to the legal authorities.

Users’ data is defended by anti-fraud and AML policies, which help to secure the platform from any crime. The security service detects and prevents all unfair actions and applies measures to suspicious players.

The data that users provide casinos with remains secured, and it won’t be transferred to any third parties. Only if the player is suspected of money laundering or some other crime, the data be handled by AML or law authorities. In addition to that, Lucky Tiger applies 128-bit encryption, which defends all personal data, so the players don’t have to worry about its safety.