Sophisticated identity document fraud increased 57% over previous year

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Over the past 12 months, 47% of all identity document fraud was classed as ‘medium’ sophisticated fraud, which is a 57% increase over the previous year, an Onfido report reveals. Less apparent errors, such as visibly incorrect fonts, imitated security features, or the wrong photo printing technique, suggest an increase in fraud rings. These organized groups will attempt to create ‘verified’ accounts with fake documents before selling them on. The return on this type of … More

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