The Fraud Alert emits a faint red pulse when activated, visible only to those who know how to look. It physically manifests as a stamp with the word 'UNDER REVIEW' in harsh serif typeface, its brass casing etched with tiny geometric shamrocks that form a pattern of interlocking eyes - the House watching, always watching. It cannot be transferred - it attaches to the player's file, not their physical tag. It grows heavier with each round it remains active, representing accumulating doubt.

The Fraud Alert serves as the Emerald Ledger's integrity enforcement mechanism, appearing when algorithmic patterns suggest a player's standing cannot be legitimately sustained. It creates a challenge window where rivals can 'investigate' the suspicious position, profiting from the bearer's potential delisting.