Sending in fake ID for KYC

[fucilator_3000]

So really FAKE ID works with Exchanges like CoinBase, BitPanda or smaller?!!

[BennyK]

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.

Well, projects coming up today have developed new ways of checking fake documents for KYC. Recent KYCs require participants to take new photos holding a piece of paper with the name of the project and date on it - this type of picture cannot be found in public records because of the uniqueness it taking them. With time, more advanced way of passing KYC will be developed to make it more secured.

[onetrinity]

You might be successful the first time on a certain project but if it comes to the point where they change their KYC process and required a video or you holding the paper then you will be caught. Even changes like that of 2fa recovery in case of a lost phone require you holding a piece of paper so imagine if you submitted a fake ID before, good luck in editing to make that fake identity to hold up the paper. But some will always find a way to cheat definitely which is unfair to those who submit their true ID.

[profitgenerator212]

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.

I believe some KYC are just a process to collect public data and very little of it is verified. The current best form of kyc is the type implemented on blockchain where there is a need for an individual to be captured live on video. This form of kyc is fool proof and should be used by kyc companies

[btcnijuan]

That's why you should be ready for the consequences when you submit your kyc to exchanges or other sites, we are not sure if it is safe to submit a kyc. Most of the legit exchanges today requires kyc.

[Coin_trader]

That's why you should be ready for the consequences when you submit your kyc to exchanges or other sites, we are not sure if it is safe to submit a kyc. Most of the legit exchanges today requires kyc.

Requiring KYC makes the company more legit and attentive to their customer, but before doing it we need to do our part to counter check whether the said company is registered and have conduct proper procedure in gathering info.

[akungagal]

That's why you should be ready for the consequences when you submit your kyc to exchanges or other sites, we are not sure if it is safe to submit a kyc. Most of the legit exchanges today requires kyc.

that's why we also need to be more active and find out about the exchanges or sites before sending the data they want from us.

we really need kyc to prevent fraud, for that we must really look for companies that really take care of our personal information properly.

[distr@yopmail.com]

Requiring KYC makes the company more legit and attentive to their customer, but before doing it we need to do our part to counter check whether the said company is registered and have conduct proper procedure in gathering info.

KYC is not the reason for the project is legit. No one is giving guarantees to kyc projects are really paying. I've followed the campaign with kyc in the beginning but the reality is the same, they ended up scam. stay cautious for your kyc.

[sjbi]

Nothing is impossible in this world. There are no ways to end scams or fake things. What can be done is just control it through various means. The process to verify identification I think is very much good idea and it will help the clients as well. But there are still such persons who are always on the look out to cheat. In my case, I have filled out many forms for KYC verification and I am always genuine.

[imstillthebest]

Requiring KYC makes the company more legit and attentive to their customer, but before doing it we need to do our part to counter check whether the said company is registered and have conduct proper procedure in gathering info.

KYC is not the reason for the project is legit. No one is giving guarantees to kyc projects are really paying. I've followed the campaign with kyc in the beginning but the reality is the same, they ended up scam. stay cautious for your kyc.

Kyc campaign that are scam is more worst than a scam campaign that didnt have a kyc ,  because scammers can be able to use you info on their next illegal project and what worst can happen to you is that you will get black listed which means you cannot get hired if ever you will apply for a job  .  

your right , kyc is not a basis of a project is scam or not  .  we must still do a background check before we join any investment programs  .

[fucilator_3000]

So really FAKE ID works with Exchanges like CoinBase, BitPanda or smaller?!!

Really works??

[yslyv]

they try to check. but ofcourse it is not possible.they ask for a selfie and they can compare the selfie photo with their id. but i dont think it is a proper way, there are still so many cheaters.

[fucilator_3000]

they try to check. but ofcourse it is not possible.they ask for a selfie and they can compare the selfie photo with their id. but i dont think it is a proper way, there are still so many cheaters.

Ok, but big Exchanges I thought use external KYC verifications and Government database

Anyway, if someone can give their experience, is more than welcome!

[chanc3r]

they try to check. but ofcourse it is not possible.they ask for a selfie and they can compare the selfie photo with their id. but i dont think it is a proper way, there are still so many cheaters.

Ok, but big Exchanges I thought use external KYC verifications and Government database

Anyway, if someone can give their experience, is more than welcome!

It is right, usually exchanges uses 3rd party service that is somehow having the connection to the government database across the world. I don't know whether the 3rd party are verified or not but I hope it is verified since we are talking about big exchanges here not the fishy ones.

[bitstalker]

yes indeed for this problem it seems very unfair, but maybe we can follow by using fake identities circulating on the internet but it does not guarantee that this method will still succeed because some ico for example there are very selective in dealing with kyc but other than that if we use other people's data assume that makes our personal data safe

[fucilator_3000]

yes indeed for this problem it seems very unfair, but maybe we can follow by using fake identities circulating on the internet but it does not guarantee that this method will still succeed because some ico for example there are very selective in dealing with kyc but other than that if we use other people's data assume that makes our personal data safe

Ok but this is strictly valid for ICOs or also for Exchanges?

[soulripper]

This is why im so scared at kyc process. I will only do kyc if i thing the projects are really legit and will not abuse of my identity. If only my information has been taken by scam project and being used for bad purpose i cannot imagine what will happen to me. That why i always make sure the kyc process will be handle by a trusted management. Not by a simple just like that kyc handle by unknown peoples. So beware at scammer.

[Argoo]

Nothing is impossible in this world. There are no ways to end scams or fake things. What can be done is just control it through various means. The process to verify identification I think is very much good idea and it will help the clients as well. But there are still such persons who are always on the look out to cheat. In my case, I have filled out many forms for KYC verification and I am always genuine.

In this case, you do not show sincerity, but naivety and stupidity. Look, the Internet is filled with confidential data of naive persons who gave their personal data and copies of their documents to fraudsters. They can be bought for a hundred pieces for ten dollars and even cheaper if if you need several hundred of such data. So do not be surprised if you are called to the police station and accused of complicity in murder or other serious crimes, because your confidential data was used. If such data and copies of documents were used by officials for their criminal purposes, then it will be very difficult for you to prove your innocence. I know many cases when such naive persons spent a long time in prison. So I advise you to be very careful in this regard.

[fucilator_3000]

Nothing is impossible in this world. There are no ways to end scams or fake things. What can be done is just control it through various means. The process to verify identification I think is very much good idea and it will help the clients as well. But there are still such persons who are always on the look out to cheat. In my case, I have filled out many forms for KYC verification and I am always genuine.

In this case, you do not show sincerity, but naivety and stupidity. Look, the Internet is filled with confidential data of naive persons who gave their personal data and copies of their documents to fraudsters. They can be bought for a hundred pieces for ten dollars and even cheaper if if you need several hundred of such data. So do not be surprised if you are called to the police station and accused of complicity in murder or other serious crimes, because your confidential data was used. If such data and copies of documents were used by officials for their criminal purposes, then it will be very difficult for you to prove your innocence. I know many cases when such naive persons spent a long time in prison. So I advise you to be very careful in this regard.

Mmmm hard to think that real owner of ID will be in Jail...

Stealing identity is well known by Police

[bassbity]

Requiring KYC makes the company more legit and attentive to their customer, but before doing it we need to do our part to counter check whether the said company is registered and have conduct proper procedure in gathering info.

KYC is not the reason for the project is legit. No one is giving guarantees to kyc projects are really paying. I've followed the campaign with kyc in the beginning but the reality is the same, they ended up scam. stay cautious for your kyc.

Kyc to avoid scammers from bounties, but in my opinion it is not the best solution, there are still some that are not good to use, the same thing after doing the Kyc is complicated, but the end of the project on the road is dead.