Quote from: Fivestar4everMVP on March 09, 2023, 06:02:02 AM

Quote from: Wiwo on March 09, 2023, 05:43:36 AM

Let me ask this question for clarity's sake, when you say casinos should avoid fraud in the KYC process what do you mean?

-I think the issue of fraud during KYC is related to the player and not the casino itself, and if to talking of hacking that results in identity theft from the casino KYC data base, that can only be tackled by the casino having a strong security to ensure avoidance of hack.

I must beg to differ, fraud in KYC is related both to the player and the Casino, I have seen instances where casinos request KYC documents that is on tht extreme, that is documents they know the player may likely no have.
And they request for such documents in hopes that the player may not be able to provide it so that they(the casino) would a to them, a good reason to keep the players winning(s) to themselves, most especially, if the won amount is quite substantial.
And this kind of fraud is common with really small casinos, or casinos that are just starting up.

This is true, there are some casinos out there which when one of their gamblers obtains a big win they try to find even the smallest detail they can to try to refuse paying the money they owe, and one way to do this is by asking way more than what is needed for a standard identity verification, with the hope the gambler fails to provide the needed documents and then they save themselves a lot of money while still protecting their reputation, as they can later claim it was the gambler the one that failed to pass all their tests and they were justified on their refusal to pay them.