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.
This issue of KYC in crypto really baffles me a lot. Honestly I'm seriously sacred when sending my docs for verification, especially nowadays when lots of scammers with shit projects are emerging. Some just use these data to deceive exchanges so that they can get listed and scam people eventually. How safe are our docs in the custody of these projects. May be I need to go and perfect my Photoshop skills too and stop sending in my real docs.
But is it possible to Photoshop KYC document that has selfie?