Do not use the CIFAS "check this website" for due diligence information.

CIFAS, which likes to hold itself out as one of the UK's primary sources of due diligence information for KYC etc. checks has a website checking service.

It should not be used, says Nigel Morris-Cotterill, because it is unreliable and gives false information.

It isn't "hallucinating" it's just publishing falsehoods.

Nigel Morris-Cotterill

CIFAS stands for Credit Industry Fraud Avoidance System, or it used to before cifas went trendy, dropped its name and its capital letters. It's a great idea that causes many problems because its assessment system generates "cifas Markers" which can result in the denial of financial services or even de-banking, etc.

There are many, many complaints each year about false information.

This is one more.

There are so many names involved that it's difficult to know which to use: there's cifas itself, there's getsafeonline.org and there's a service to search websites to see the opinion that is generated by cifas and its technology associates.

The website includes the following: "The information in this service is for general information purposes and we are not responsible for any damages or other negative consequences arising from it. " That cannot be allowed to stand. If it means only "... arising from reliance on information produced by it" then fine. Users use it at their own risk.

But what about the victims of incorrect information.

Like Vortex Centrum, our parent company.

Its report for vortexcentrum.com isays "This site may not be safe to use. Always do a manual check yourself" The last sentence links to a page called "how to recognize (sic) a scam"

Attempts to contact the site operators and Scamadviser (which provided a response saying "Very low trust score (full vortexcentrum.com report)" have both failed with a Cloudflare timeout.*

So, unreliable, harmful to its victims, difficult (currently seemingly impossible) to address unwarranted harms.

Not recommended. Indeed, should not be used or relied upon, regardless of who is backing it until it is accurate.

And certainly not to be used for any form of due diligence / KYC in its current state.


A D V E R T I S E M E N T

* several hours later, the scam adviser link became active. It went to a 404 page. The cifas contact page did open. It took us to a page that seemingly had no purpose but to get us to use their services. There was nowhere obvious to lodge a complaint despite that being the purpose of clicking from cifas.

WORLD MONEY LAUNDERING REPORT is a venture of VORTEX CENTRUM, FINANCIAL CRIME RISK AND COMPLIANCE.

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