Anti-fraud statement

We operate within the anti-money-laundering and counter- financing-of-terrorism (AML/CFT) regime set by:

• Economic and Financial Crimes Commission (Establishment) Act 2004: establishes the Economic and Financial Crimes Commission (EFCC) as the principal agency investigating financial crime in Nigeria.
• Money Laundering (Prevention and Prohibition) Act 2022 (MLPPA): imposes customer due diligence, record-keeping, and suspicious-activity-reporting obligations on designated non-financial businesses and professions, a category that includes real-estate operators.
• Nigerian Financial Intelligence Unit (NFIU) regulations: specifies the manner and thresholds for Suspicious Transaction Reports (STRs) and Currency Transaction Reports (CTRs).
• Nigeria Data Protection Act 2023: limits our collection and processing of personal data to what is necessary for the AML/CFT objective, and defines the retention periods we observe.

Identity is collected at the moment it is needed rather than at signup, and what we hold depends on what the user is doing:

• Sellers and agents: an 11-digit NIN and a photo or scan of the NIN slip or card, collected when the first listing is created. A member of the Land and More team reviews the image. The NIN is stored as a hash and its last four digits, never in full.
• Buyers: no identity document at signup. A buyer’s NIN and slip or card are collected when they request document copies on a listing, and reviewed by our team in the same way.

No listing appears publicly on Land and More until the seller has completed at least Tier 1 (ID verified). Sellers are also offered tier upgrades at the time of submission. The full tier ladder, ID, Documents, Site, Title, is described on our Verification page and in our Disclaimer.

Risk flags are recorded on a listing by our team, from what a document review, a site visit or a report to us turns up. No software flags a listing; a person records every flag. The flags we record are:

• Access road: road access to the plot is limited or unmade.
• Government acquisition risk: the plot may fall within a government acquisition.
• Community claim: a community or family has asserted an interest in the plot.
• Title dispute risk: the title documents raise a question about ownership.
• Boundary dispute: the boundary on the ground and on paper do not agree.

A listing with an active dispute is not published; if one is confirmed after publication, the listing is delisted. Other flags are published on the listing so buyers see the concern before they enquire.

Where we form a reasonable suspicion that a transaction or attempted transaction is linked to the proceeds of crime, terrorism financing, or other predicate offences under Nigerian law, we file a Suspicious Transaction Report (STR) with the Nigerian Financial Intelligence Unit (NFIU) in the manner and within the timeframes required by the MLPPA 2022 and NFIU regulations. We do not tip off the subject of an STR, and we rely on the statutory safe-harbour provided under the MLPPA for good-faith reporting.

We respond to lawful requests from Nigerian authorities, including the EFCC, the Nigeria Police Force, and the NFIU, as well as orders from courts of competent jurisdiction. Requests are logged, reviewed by our in-house compliance team, and responded to within the window specified in the request or the shortest reasonable period thereafter.

Where an investigation or court order requires, we disclose account information, listing history, verification artefacts, and transaction records in accordance with the NDPA exemptions for legal obligation and legitimate interest.

Fraud-resistant behaviour starts with the buyer:

• Use verified listings only. Unverified inventory is not published on Land and More for a reason.
• Never transfer funds off-Platform for the initial enquiry, inspection booking, or verification-upgrade request. Legitimate Platform processes flow through Platform payment rails.
• Request a Tier 4 Title Check Pack before any high-value commitment; the land registry search materially narrows the fraud surface.
• Obtain independent Nigerian legal counsel. Your lawyer is your first line of defence and is not a substitute for the Platform’s verification. The two complement each other.
• Verify title and survey documents with the original issuing authority (State Lands Bureau, FCDA, or the relevant local government authority) before closing.

Report concerns to us at trust@landandmore.ng (placeholder address). Provide the Plot ID where relevant, e.g.LAM-26-LG-00002, together with a short description of the issue and any documents or messages that evidence it.

For matters that may constitute a criminal offence, you may also (or instead) report directly to the EFCC at report.efcc.gov.ng or to the Nigeria Police Force. We cooperate with any subsequent investigation on receipt of a lawful request.

KYC records, transaction records, verification artefacts, and correspondence related to suspicious activity are retained for a minimum of five years from the date of the transaction or the date the account is closed, whichever is later. This retention period reflects the minimum required under the MLPPA 2022 and related AML/CFT regulations, and cannot be shortened by an individual data-subject request. Retention beyond five years applies where an investigation, court order, or specific statutory requirement extends it.