Sending in fake ID for KYC

[tokendraft]

Would not recommend.  The benefits of getting into an ICO do not outweigh the cost of getting caught.  That said, it's common for people to connect with friends that are foreign nationals.

[Periodik]

I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do.  It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles.  How do these companies verify people if all they have to go on is public information?  Did they even really check the ID's or were they simply collected the data?  How rampant do you think this is?  How many of us are complete fools for turning in our documents when others simply faked it.  Now they have our data and the people who faked it are still secure.

NOT FAIR.

How sure are you that there are in fact people who sent fake identification documents? Do you have any basis in saying that there are indeed groups of people who are doing this? A reference may well support your serious allegations.

Anyway, if this is true then the KYC/AML are mechanisms that are futile and will not really serve the purpose to which they are designed for. I was also thinking of how effective this is. If all they need are IDs then everybody can easily secure one from anywhere else without really divulging their real identities.

[bitcoinvestor]

KYC is sucking your personal data, be careful to send the doc,.I

Remember its not illegal to hand your friend a fake ID.  The KYC process is absurd as there is no way in hell they know who is on the other side of the ethernet cable.

Only fools send in real docs. Only fools

[Anne8]

I did spend a lot of time reading through this chat and so many people are afraid of sending they real id. So what exactly do you think will happen if someone wrong will get your id ?

Dont say he will use it as his for ICOs

Yes the first option will be for running ico. The project which does not have ability will buy it from the project we send the id.
But the other side, good project would keep our personnal identity safe and use it for important thing like regulation.

[cryptoalfs76]

I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do.  It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles.  How do these companies verify people if all they have to go on is public information?  Did they even really check the ID's or were they simply collected the data?  How rampant do you think this is?  How many of us are complete fools for turning in our documents when others simply faked it.  Now they have our data and the people who faked it are still secure.

NOT FAIR.

Actually this statement have a good point,and its true that how can we assure that those  our submitted I.D in kyc is not been used in illegall activities,instead  the purpose of this kyc is to identify the real profile of the person he submitted  before he can participate the campaign or in claiming his bounty works.Supposedly this kyc implementation  have a positive and negative impact,the positve impact of this is to identify the person if he is the owner of that bounty campaign and reducing the spammer,while the big negative impact of this kyc that being  an anonymous of the person will become vulgar,and maybe that information that you pass in kyc is can be used  in some hacker in some illegal activities,or maybe can threats to ourself in some crimes.

[7Pro]

It is a gamble to send fake data and find your account frozen at a later point of distribution. For sure not an easy task checking IDs from dozens of countries.

Not an easy task but they can do it well since they know some of editing picture or pure.
As we know, KYC is becoming controversial among the contributor in crypto. There is pros and cons but its ok. Its normal.
But use fake data can be dangerous for our capital because can be frozen like above me said.

[taongam]

I always send my real ID's for KYC. I am afraid now hope nothing happens or no one will use my ID's for any bad act. My stupid mistake? But How do I go about the fake ID for the KYC? It's too much trouble .Perhaps I should reconsider my decision on projects that require KYC.

[JasonCroper]

I don't think the founder of a project really check the investors IDs. It is just a way to avoid the law problem. And I think it is a good way to do with fake IDs.

[South Park]

I have 2 passports, both are real. I use one that is not formally valid, but always passes verification. What are they afraid of verification, we're just bounty hunters and came here to earn a couple of coins)

People are not afraid of verification what they are afraid of is for their identities to be stolen by some criminals can you imagine the damage a criminal can do to your life if they get their hands in the passport you are sending? They could easily ask for loans in your name get the money and leave you with a huge debt that it will be very difficult for you to pay.

[Asgar 9]

Sending a fake ID is certainly illegal, what if someone finds out that you did this? Is this a violation of the law? It seems to me that the one who does this can have problems.

[Lupus Solitarius]

Sending false data may seem like a good idea, but everything you do remains marked, so you have to hope that it's not a move that will create problems in the future.
Would you show a fake passport to a policeman who stops you on the way?

[ivankoh]

When it is discovered that you have used a fake ID for KYC, you may be denied ICO projects or lost your investment. Choose a long term investment and use the right ID to register for KYC, which is more beneficial for you in long-term cooperation with the project.

[billyj111]

I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do.  It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles.  How do these companies verify people if all they have to go on is public information?  Did they even really check the ID's or were they simply collected the data?  How rampant do you think this is?  How many of us are complete fools for turning in our documents when others simply faked it.  Now they have our data and the people who faked it are still secure.

NOT FAIR.

Now projects make it harder and harder to verify, and it's not so easy to fake it, and to those who are lucky, believe them, they are still caught on this. But I generally believe that verification is absurd, it should not be.

[troiano9]

This could potentially be a huge problem but regardless of where you are, people are going to scam

[Pesona1]

sending a fake id for KYC will be detrimental for verification and it will be hard to identify the participants in detail. because now KYC is used to see whether participants or investors are a criminal or not.

[Zadicar]

I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do.  It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles.  How do these companies verify people if all they have to go on is public information?  Did they even really check the ID's or were they simply collected the data?  How rampant do you think this is?  How many of us are complete fools for turning in our documents when others simply faked it.  Now they have our data and the people who faked it are still secure.

NOT FAIR.

How sure are you that there are in fact people who sent fake identification documents? Do you have any basis in saying that there are indeed groups of people who are doing this? A reference may well support your serious allegations.

Anyway, if this is true then the KYC/AML are mechanisms that are futile and will not really serve the purpose to which they are designed for. I was also thinking of how effective this is. If all they need are IDs then everybody can easily secure one from anywhere else without really divulging their real identities.

Even if theres no back up reference on such claims but we can really tell that there are people who do really commit these sending fake id's for KYC. Reason? They don't like to expose themselves that's why they do make use for other identities.Its an advantage for their side but a reald disadvantage for those people who being used by other people.We do know on how important our identity to be secured.

[jorj_pay_UZ]

I have 2 passports, both are real. I use one that is not formally valid, but always passes verification. What are they afraid of verification, we're just bounty hunters and came here to earn a couple of coins)

People are not afraid of verification what they are afraid of is for their identities to be stolen by some criminals can you imagine the damage a criminal can do to your life if they get their hands in the passport you are sending? They could easily ask for loans in your name get the money and leave you with a huge debt that it will be very difficult for you to pay.

The Russians have a proverb. "The wolves are afraid, do not go to the forest".And on the issue of a loan for my documents, I'll say something later.As far as I know, the loan is given only in the physical presence of the passport holder along with the passport

[torry28]

I did spend a lot of time reading through this chat and so many people are afraid of sending they real id. So what exactly do you think will happen if someone wrong will get your id ?

Dont say he will use it as his for ICOs

It's obviously he will use it for ICOs or claim his bounty through fake ID. People are afraid to give their real ID because they are worried if their ID will be used or given to something criminal by other people.

[BurhanPSG]

KYC is sucking your personal data, be careful to send the doc,.I

Remember its not illegal to hand your friend a fake ID.  The KYC process is absurd as there is no way in hell they know who is on the other side of the ethernet cable.

Only fools send in real docs. Only fools

For this problem we have to be more careful, sending of self data like KYC process makes us must be more thorough again. If not then it could be all the data we send can be misused.

[Snaic]

I try not to join the ICO campaigns, which, under the conditions of accession, do not exclude the conduct of the KYC verification in the future. However, if such campaigns put forward such a requirement after the completion of the ICO, then there is no way out. In this case, it would be foolish to send your personal data to people who can eventually turn out to be scammers. Moreover, these persons do not have the opportunity to conduct a full-fledged verification of the information we send. Therefore, I fully admit they are not sending data to the steps, given that the KYC audit should be conducted against investors, and not those who do not invest in ICO projects.