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 very often came across the process of passing KYC in different projects. I want to say that there would be cases when documents were accepted without problems, but in most cases it was very difficult to pass the KYC check. In turn, I do not forge documents, but I send only my data and they are often not accepted. The refusal is mainly due to the fact that my documents are not international, but only state documents of the old model, because of this, a dispute often arises. But I do not know of projects where it would be easy to send a fake document and it would be accepted. Perhaps it is somewhere, but I personally have not come across this. As far as I know, KYC is needed to avoid fraud when receiving payments. That is, you need to prove that you are a real person. Whether it is good or bad, everyone will decide for himself. I believe that KYC takes place, but only in special cases. For example, when a person's actions raise questions.
