The manipulation and stealing of funds from the government or a company by exploiting the loopholes in their system is a real fraud. These sorts of frauds are carried out by individuals who have the inside information and access to the system. Employees who are just on papers (Ghost Workers) get paid benjamins (aka dollars) exactly like real managers and genuine employees. 

Ghost Worker can be a real person or a fictitious one present in the payroll system, someone who does not even work for the company and only withdraws the funds. It can also be a dead person who still exists in the records and bad guys find a way to access their benefits.

Having Ghost Workers on the payroll systems or on pension plans has been a significant source of fraud, especially for governments around the globe. Without a proper identity verification solution in place, it’s been a piece of cake for the bad guys to come up with Ghost Workers. Moreover, with thousands of employees in government and private organizations, it’s quite normal for the Ghost Workers to go unnoticed. 

So, how does the government and businesses entities prevent these bad guys from looting them? We’ll get to that solution in a while but let’s first understand how this Ghost Worker scam works! 

In order for a Ghost-Employee scam to work, the bad guys needs to execute these four things: 

1. The Ghost Worker must be registered to the payroll system 

2. Timekeeping and wage rate information must be collected from the particular department

3. A paycheck must be issued in the name of the Ghost Employee

4. Lastly, the cheque must be delivered to his associate (aka the mastermind)

The permanent and the only solution to get rid of this existing problem is by using an automated identity verification solution while hiring new employees and doing a thorough verification of the existing ones. 

Each human face has 128 nodal points. AZYO’s facial recognition algorithms calculate all the characteristics by pinpointing and measuring facial features with nodal points (such as the distance between eyes or the shape of cheekbones, and likewise) from any human face for the purpose of identification or authentication. AZYO’s facial recognition technology with liveness detection solves the biggest problem in the Identity Verification space.

Researchers at AZYO have developed the most advanced Facial Recognition Technology. It is one of a kind and outstanding because it leverages Deep Convolutional Neural Networks &  Powerful Graphics Processing Units which is capable of analysing, verifying and authenticating any human face on our planet. With AZYO’s Automated Identity Verification solution, government organizations and other business entities can easily prevent Ghost Workers trying to get into their system.