Topic: Sending in fake ID for KYC - page 43. (Read 89379 times)
KYC is a simple formality. Nobody checks them thoroughly. The point is just to get through it . And chii documents you send do not who are not interested. Therefore, who is afraid to send their documents always sends others.
A lot of people are paranoid about their identity being stolen which leads to so many people using fake IDs for the KYC process. Can't say I blame them though. I agree with you that it is not fair, but when it comes to getting your identity stolen, it is no joke and it can seriously ruin a persons life which is why most people are so close guarded when it comes to sharing their personal information with strangers.
That can happen to any investors or bounty participants who are asked to submit ID's for KYC authentication. For some concerns especially for security reasons and i think it's the right of every participant to submit a real or fake ID and i think that the ICO team can not really determine whether it is legit or not.
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.
True, it is not fair, we have to send our legit documents which can be easily abused but they are sending fake IDs and nobody cares.NOT FAIR.
But it is illegal to act as another person, so be careful about that.
I recently joined an airdrop with KYC and they asked a selfie with ID showing only your name.
KYC should have a centralized KYC verification site where all ICO should have reference or a twitter verified or even FB verified to get qualified to have less hassle.
KYC should have a centralized KYC verification site where all ICO should have reference or a twitter verified or even FB verified to get qualified to have less hassle.
It is a hard question for me, because I am swinging between my consciousness, and between fear, that somebody would use my documents, in order to take some loans, or something else. So obviously, I am just trying to avoid those campaigns which are requiring kyc process, or similar.
I'm not a fan of KYC exchanges where you will mandatory give your self-identification without a cost. This is not fair! They can use our identity for a crime without being notice it. How come you call it decentralized crypto exchange where you will give your real identity? This is crazy!
I would not advise you to buy Fake ID because all sellers sell these documents 2 or more times. There is a possibility of losing all your tokens because someone has already signed up with the same data.
Sending KYC with the fake ID is very not fair. however, I don't know what make them do this. I guess that they may have some accounts or live on the forbidden countries to invest in the ICO. that is why they prefer to send the fake ID. But I also believe that the team or developer has their best system to avoid this.
I am worried about the other direction - isn't KYS also a good excuse for scammers and data collectors to ask for your mobile phone, address etc? What do you think? 
I know few services which can help you to pass KYC with fake ID. It's easy and the cost of this service very low
I think it's a very fraudulent act and would be very dangerous if you are known by KYC requesters and to avoid that they usually have tools to check KYC authenticity they provide.
I agree that you should not send your real data to anyone. There is a high probability that they can fall into the hands of bad guys. For yourselves, to transfer fictitious data, no one will check a particular person from the other end of the world.
I also wonder sometimes about the machine they use for the KYC check. A lot of people submit fake ID and the machine will still confirm the fake ID as original one. In my own view I think all those KYC are not genuine.
Sending in fake ID is equal to denial of passing kyc.If you send in a fake id ,you may manage to pass through or fail but definitely in way or the other you will be caught and shall not get away with it .l personally do not think kyc is a bad idea.Everyone just has to do the right thing and we shall have a stable ecosystem and everything will move smoothly.
This is a common happening in the market these days. MOST PEOPLE END TO PROVIDE FAKE Identification documents for KYC, which is not something fair to do as this not only delays the verification process but also locks you out of the reward system which in the long run lead to unnecessary complains
today almost all ico scam. why should we send our real identity? so they can sell it on the dark net? 90% ICO are scam. Read here in the forum. They extend every ico,bounty doesn't come or months later,mining farms have no miners
and some teams are too stupid to do kyc. look at Bitrewards. that's all children there 
This is a common happening in the market these days. MOST PEOPLE END TO PROVIDE FAKE Identification documents for KYC, which is not something fair to do as this not only delays the verification process but also locks you out of the reward system which in the long run lead to unnecessary complains
I firmly believe that Know Your Customer isn´t a suitable process for many cryptocurrencies. These don´t own the righs of securities and must not require of that approach.
One of the main reasons why Cryptocurrency is well known and liked is the fact that it provides anonymity. Sending a fake id has a risk because it has a statement about that fake ducoment and it is a criminal offense. I just thresh the ID into a project I trust, If you think SCAM project, better not participate at all in it.
I also wonder sometimes about the machine they use for the KYC check. A lot of people submit fake ID and the machine will still confirm the fake ID as original one. In my own view I think all those KYC are not genuine.
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