I have also read the reason why KYC is not entirely bad where with KYC players can prove ownership of the account when their account is hacked, but cases where KYC can also be beneficial are fewer than cases where players are harmed because they have done KYC.
However, KYC is something that is almost difficult to avoid because not only gambling sites do it but exchanges are even more mandatory
Topic: Well done KYC. - page 9. (Read 1865 times)
First thing here, perhaps the killer is a gambler, as he admit that he had big debts to pay so he lured the victims and killed here. So this is the classic gambling can do to a human being, it could really turn his life, killing someone and now for sure he will be rotten in jail.
Second, yeah, he uploaded his identity to the casinos because of KYC, and even if he tries to pay someone to submit the ID for him, sooner or later he will be caught. So that is pretty much his downfall in this case.
Second, yeah, he uploaded his identity to the casinos because of KYC, and even if he tries to pay someone to submit the ID for him, sooner or later he will be caught. So that is pretty much his downfall in this case.
This just crossed my mind - what if that guy uploaded a different ID, maybe a stolen one, or even from people who are desperate to make a few bucks and allowed their info to be used? That's really sad. It makes me think, for those of us who’ve submitted IDs online, especially during the time when bounties were all very popular, it’s actually pretty risky if what I’m thinking could happen to us.
The Nigerian government have done a good job regarding the National Identity Number. This unique number has to be connected to your bank account, phone number and Bank Verification Number. Without this NIN it will be impossible to carry out any financial transaction. He cannot just submit a random ID because it will not tally with the phone number he used to register with the sports betting company. Even if he registered with another phone number he would have to provide another NIN and such registration needs his picture and fingerprints. His best option was to ask for cash payment because this is how most kidnapers get their ransom in Nigeria. 
Most gamblers don't like submitting KYC because of many reasons. I don't blame them because personal data shouldn't be exposed to avoid invasion of privacy and other negative activities. But I read a story in the news that portrays the importance of KYC.
A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
I guess he barley understood what kyc was, if not he won't be so stupid to actually fill in those information as requested by the casino. It's such an evil thing he did, actually killed someone and also collected a ransom from her parents. The guts alone of not getting into thin air and make him self untraceable shows that he wasn't even remorse or his actions. Well in one way or the other, everything has its own good and bad side. Most times criminals tries to flee away using their casino accounts and since most online accounts offers no kyc they see it as a way to commit even more crimes.. I guess this is more reasons why government are imposing the kyc on these online casino to help catch criminals like this one. A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
Quote
Adeleye’s capture came through tracing his SportyBet account, where he had uploaded his National Identification Number.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
If we put away the sad part of the story, I can say that I am surprised by creativity and choice of money withdrawal murderer has selected. I would never though that anyone would use a gambling account as an instrument to receive ransom. I am used to criminals being more smart when it is about money. Instead the murderer was stupid enough to upload documents. Weird balance of stupidity, creativity and cruelty.
I myself feel this is the first case I have found because this is the first time I have found a case that I think is a bit ridiculous because the criminal uses his gambling account as an intermediary for his ransom, usually I see news or a kidnapping film where when asking for ransom they usually ask for cash with the ransom in a bag and exchange it somewhere, but with this case I think it's ridiculous and stupid this criminal, I think this criminal is someone who is addicted to gambling. The existence of this KYC feature is indeed very helpful, because in addition to preventing money laundering or other things, this is also useful as in the case that happened here, previously I never thought that KYC could help with something like this, but KYC is indeed very helpful. 
Quote
Adeleye’s capture came through tracing his SportyBet account, where he had uploaded his National Identification Number.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
Source: Why I killed 18-year-old female church member – OOU student
This just crossed my mind - what if that guy uploaded a different ID, maybe a stolen one, or even from people who are desperate to make a few bucks and allowed their info to be used? That's really sad. It makes me think, for those of us who’ve submitted IDs online, especially during the time when bounties were all very popular, it’s actually pretty risky if what I’m thinking could happen to us.
Man, that guy is extremely stupid and cruel. Did the girl's mother know who he was? How did she login to his sports betting account and deposit money?
Couldn't the bookmaker simply block the account, because there was a login from another IP address?
I guess it can be done through a code like UID given. When I was using a local betting site, I can go to ATM machine and use a code to find my account. I think it can even be done through some bank apps now. Couldn't the bookmaker simply block the account, because there was a login from another IP address?
This is an absurd case, where KYC was actually useful, but only because the murderer was very dumb. I still don't think that KYC is good for the gambling industry, but we have no choice and have to abide by the rules. I really hope that this guy stays in prison for life.
It is a fiat gambling site where people would have done KYC but they would not have known. They know him through Bank Verification Number (BVN) which is just some numbers given to him by CBN. 
Very sad to hear this story, In any case, it's not about KYC though, I mean the killer was really dumb to think that he can get away with it by submitting KYC to get the money. If the killer just ask that money deposited in a let's say Bitcoin address, the authorities might take some time to follow the address and who is the real owner behind.
Although we could lauded the casinos for cooperating in this case hence the capture of the killer. But if he just uses another method, the crime might have a heard time to crack. Most of time though this criminals are not thinking, and what in their mind is that money.
But in the end of it all, good job by the police, case solved.
Although we could lauded the casinos for cooperating in this case hence the capture of the killer. But if he just uses another method, the crime might have a heard time to crack. Most of time though this criminals are not thinking, and what in their mind is that money.
But in the end of it all, good job by the police, case solved.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Cooperation with various parties is a way to solve the case. That man is stupid to asks the money to be sent to his betting account. If he is smart, he will use separate wallet and contacted the girl's mother to send the money to that wallet. He just reveal himself in the betting site especially when the girl's mother ask for help to police and the gambling firm to check the account. That will easily for the gambling firm to investigate the account and report to the police.
He think that his plan is perfect, huh? Thanks God, he has been arrested and enjoy his dark hotel in the rest of his life. My condolences to the girl's mother. Rest in peace for that girl.
He think that his plan is perfect, huh? Thanks God, he has been arrested and enjoy his dark hotel in the rest of his life. My condolences to the girl's mother. Rest in peace for that girl.
Most gamblers don't like submitting KYC because of many reasons. I don't blame them because personal data shouldn't be exposed to avoid invasion of privacy and other negative activities. But I read a story in the news that portrays the importance of KYC.
A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
Source: Why I killed 18-year-old female church member – OOU student
A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
Quote
Adeleye’s capture came through tracing his SportyBet account, where he had uploaded his National Identification Number.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
Source: Why I killed 18-year-old female church member – OOU student
What a terrible event, and the criminal is a real fool if he decided to upload his KYC out of desperation. And although this story very clearly shows that KYC is necessary, I think that this procedure is requested too often and everywhere. I am very annoyed by KYC if I registered as some casino platform and won 50 dollars there. And when I withdraw them, I have a feeling that the casino bought my identification data for them. It would be fine if they requested this data for large amounts, but why go through it and waste time for half a hundred dollars?
Most gamblers don't like submitting KYC because of many reasons. I don't blame them because personal data shouldn't be exposed to avoid invasion of privacy and other negative activities. But I read a story in the news that portrays the importance of KYC.
A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
Source: Why I killed 18-year-old female church member – OOU student
A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
Quote
Adeleye’s capture came through tracing his SportyBet account, where he had uploaded his National Identification Number.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
Source: Why I killed 18-year-old female church member – OOU student
Wow this might literally be the dumbest person I've seen in a long time. Hey add money to my personal account with all my details associated with it. Was it crypto or was this fiat? If crypto even dumber. Why wouldn't they have just asked to send it to a random address ypu hold then put it into an account. Habe to look more into this. What a dummy
Yeah, his case evidences that those who commit such kind of crime are dopey and complete imbeciles (probably he is a such, actually, in his life). Regarding KYC itself, definitely, it had the beneficial effect on the cracking this case however I think that the cases similar to this are encountered in the gambling less than often (thank god) and fair gamblers may suffer should their data fall into the criminal's hands.
Some good things that happen with KYC. That's cool.
But it was not the real purpose of why the sports bookie is requesting the KYC, it is to avoid money laundering schemes in their gambling site which I think is their first priority upon requesting it. However, it could also mean that they worked with the authorities since before the deposit it's easy to trace where the money will go and if it's in the account of a gambling site then authorities could just go directly to them to work out an entrapment plan which I think might be what happened on that case.
KYC is not just about tracing people, it's businesses trying to avoid future problems in case something goes wrong.
But it was not the real purpose of why the sports bookie is requesting the KYC, it is to avoid money laundering schemes in their gambling site which I think is their first priority upon requesting it. However, it could also mean that they worked with the authorities since before the deposit it's easy to trace where the money will go and if it's in the account of a gambling site then authorities could just go directly to them to work out an entrapment plan which I think might be what happened on that case.
KYC is not just about tracing people, it's businesses trying to avoid future problems in case something goes wrong.
Quote
Adeleye’s capture came through tracing his SportyBet account, where he had uploaded his National Identification Number.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
Source: Why I killed 18-year-old female church member – OOU student
Big thumbs up to the security agency for at least knowing that they can get details into a matter as this to source out for traces that can lead to the arrest of a perpetrator of this crime. More often time than not, there have been several cases where kidnappers receive ransom through banks that use KYC and another verification system on all their accounts, and yet these criminals don't ever end up being traced. Apart from the victim who unfortunately has lost her life, this is another positive usefulness of the kyc.
I don't think that I will ever see anything bad with KYC verifications, trying to avoid this is like running a country without a single law, everyone will start doing whatever they feel like doing, if you don't have nothing to hide why should you run from KYC verifications? I don't see any reason.
I've read this story online somewhere, it is a shame this generation it is the youths that are engaging in evil activities like this one, and they all put the blames on the condition of the country, which isn't right because there are other countries that are way worse.
KYC verifications are very important, I know some people won't accept this because of privacy, imagine a grime ripper hiding in sight and keeping himself safe all thanks to privacy? This is why regulation is a must, if I become a leader of a country I won't give room to such.
I've read this story online somewhere, it is a shame this generation it is the youths that are engaging in evil activities like this one, and they all put the blames on the condition of the country, which isn't right because there are other countries that are way worse.
KYC verifications are very important, I know some people won't accept this because of privacy, imagine a grime ripper hiding in sight and keeping himself safe all thanks to privacy? This is why regulation is a must, if I become a leader of a country I won't give room to such.
If we put away the sad part of the story, I can say that I am surprised by creativity and choice of money withdrawal murderer has selected. I would never though that anyone would use a gambling account as an instrument to receive ransom. I am used to criminals being more smart when it is about money. Instead the murderer was stupid enough to upload documents. Weird balance of stupidity, creativity and cruelty.
Using the document he submitted, law enforcement agents were able to track him and he was finally arrested. His arrest was made easy because of a KYC request from the gambling platform.
Source: Why I killed 18-year-old female church member – OOU student
When I researched about the essence of KYC requirements in gambling I came to understand that even if it means invading in gamblers privacy that it's necessary. I believe that normally no gambling company will be interested to collect KYC from gamblers but because of criminal activities like this one in the OP has made it mandatory. KYC distances gambling companies from criminals that wants to use their gambling accounts to launder money so that they can mentain their intergrity. Criminal activities have been on the increase and tools like KYC requirements has helped law enforcements to track and catch many criminals.
Quote
Most gamblers don't like submitting KYC because of many reasons. I don't blame them because personal data shouldn't be exposed to avoid invasion of privacy and other negative activities. But I read a story in the news that portrays the importance of KYC.
A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
A girl was kidnapped and later murdered by her friend. The murderer contacted the girl's mother and asked for ransom. He requested that the funds be paid into his online betting account to avoid a trace. The mother paid some money into the account and was hoping that her daughter would be released.
When this murderer went to withdraw the money from his betting account, the gambling firm asked for more KYC which included the National Identification Number. Out of desperation and ignorance, the criminal uploaded the information.
Man, that guy is extremely stupid and cruel. Did the girl's mother know who he was? How did she login to his sports betting account and deposit money? Couldn't the bookmaker simply block the account, because there was a login from another IP address?
This is an absurd case, where KYC was actually useful, but only because the murderer was very dumb. I still don't think that KYC is good for the gambling industry, but we have no choice and have to abide by the rules. I really hope that this guy stays in prison for life.
This is why we shouldn't enter someone else house alone.
Plot twist, he's actually an innocent, the murderer submitted his friend's sportybet account to receive the money. Unfortunately he can't defend himself because he have no money to bribe the police and the police force him to admit if he's the murderer.
Plot twist, he's actually an innocent, the murderer submitted his friend's sportybet account to receive the money. Unfortunately he can't defend himself because he have no money to bribe the police and the police force him to admit if he's the murderer.
Yeah in this situation KYC might be important... But does this happen often? Of course not, only a few have encountered this kind of problem and other gamblers are still reluctant to KYC any casino.
Actually this often to happen, that's why we see many criminals and hackers are caught, if they really understand with privacy and anonymity, the police will not able to caught them. It don't need to be in casino account, but your IP address while accessing the wallet, personal identity when you create email account, etc.copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Dumbest thing to do by evil person but luckily he never considered KYC which is the key to solve this case. The suspect can request to transfer the money using Bitcoin and use mixer to remove the trace yet he chose gambling.
This kind of incident is what the KYC use for. Aside from AML, other criminal activities that done using the casino will be avoided.
It’s just sad to see that people like the suspect will kill his friend just for the sake of money.
This kind of incident is what the KYC use for. Aside from AML, other criminal activities that done using the casino will be avoided.
It’s just sad to see that people like the suspect will kill his friend just for the sake of money.
All these incidents are really heartbreaking and these incidents are a lesson for the young generation. A gambler kidnapped a girl and demanded money as ransom and while going to withdraw the money from the gambler's non-verify account, KYC verification information was intercepted by law agencies. If there was no KYC system, it would not have been possible to identify the criminal and we would not be able to engage in criminal activities from our gambling accounts because the KYC process is in place. In this respect I applaud the KYC system and I am in favor of making the KYC system mandatory on gambling sites.
KYC is not mandatory in most cases during crypto transactions which creates more incentives for criminals to commit crimes. In many countries, the purchase of arms for terrorist activities is sometimes done through crypto transactions, as has recently been reported in many parts of the world. Originally, if KYC was made mandatory, criminals would have been easily identified. The use of cryptocurrencies for transactions is increasing and decentralization is having a positive effect on people but to tarnish that positive effect a class of criminals are conducting their criminal activities which are very heinous and hateful. Jump to: