This notice does not constitute legal, financial, or investment advice. All parties must seek independent professional advice before entering into any commercial transaction or arrangement.
MoonGate acts exclusively as a commercial coordinator and commission agent. MoonGate does not: assess the commercial viability or profitability of any transaction; guarantee that any party will perform its contractual obligations; verify the physical existence, quality, or quantity of any commodity beyond preliminary document review; assume any liability for failed, delayed, or incomplete transactions; or act as an insurer, guarantor, or risk manager for any party.
International commodity trade involves substantial risks, including:
Gold and Precious Metals: Proof of product does not guarantee physical delivery or genuine ownership. Assay reports and certificates may be falsified. Mining licences and export permits may be fraudulent or expired. West African gold markets carry elevated document fraud and chain-of-custody risks. LBMA compliance cannot be assumed without independent verification.
Petroleum Products (AGO, PMS, Jet A1, Crude Oil): Product availability claims are frequently overstated. Q88, ICPO, and LOI documentation does not verify actual product holdings. Refinery connections and seller mandates should be independently verified.
Engaging with sanctioned countries, entities, or individuals may violate OFAC, EU, UN, or Qatari law. Sanctions lists change frequently. Secondary sanctions may apply even where a party is not itself sanctioned. Non-compliance can result in criminal prosecution, financial penalties, and asset freezing.
MoonGate's preliminary screening does not constitute a legal clearance or compliance certificate. Each party must conduct its own independent sanctions and regulatory compliance assessment.
The use of payment instruments in commodity trade carries specific risks: MT103/MT760/SBLC fraud is common; advance payment requests are frequently used in scams; DLC/LC must be issued by reputable, verifiable banks; and swift codes should be independently verified with the issuing bank.
Reliance on documents provided by counterparties carries inherent risk. Documents may be genuine but not represent actual commercial capability or product availability. Inspection reports may be issued by non-accredited or compromised entities. Mandate chains may be complex and susceptible to misrepresentation.
Not all intermediaries have direct access to the product or principal parties they claim to represent. Mandate letters and LOA documents do not guarantee actual commercial authority. Commission expectations across a mandate chain may exceed realistic deal economics. Circumvention attempts can damage commercial relationships and result in legal disputes.