News & Resources

Lying on resumes can put a business at risk

Jul 05, 2012 Karen Umpierre

Many people have done it - embellished on their resumes to score a dream job. Perhaps an application is not as well-versed in a language as they let on, or maybe they did not have as much influence on a project as they indicated. These seemingly innocent lies can become much more serious if criminal charges were downplayed or not mentioned at all, and an employer does not verify the claims on a CV. With the inclusion of lies on a resume becoming more frequent, this can be concerning. However, there are many steps a company owner can take to ensure only the most qualified and quality workers become a member of their team. Lies on a resume can lead to issues The Orlando Business Journal reported presenters at the 23rd annual Association of Certified Fraud Examiners revealed approximately 40 percent of resumes contain embellishments or omissions. Those who spoke at the event said though many hiring administrators think they can tell whether or not someone is lying simply by reading facial expressions, they run the risk of allowing a criminal to fall through the cracks and be hired. Companies who don't screen applicants can wind up losing money if they hire a criminal who has the intention of stealing corporate data. At the ACFE forum, the Orlando Business Journal said, Employment Screening Resources CEO Lester Rosen said, "the problem is that the embezzler comes off as your best employee." Businesses can guard against frauders Companies should consider implementing policies that would require background checks of people who apply for positions. This can be of particular benefit in certain industries. The short term lending sector, for instance, may find regulations particularly advantageous. According to the Wisconsin State Journal, an employee at a short term lender was recently arrested and charged with defrauding the company. The source detailed Rashaad Sanders is facing five counts of fraud against a financial institution and two counts of identity theft after fraudulently loaning sums to friends using company money. Sanders allegedly loaned money out to his acquaintances after forging paperwork, the State Journal said, and knowingly helped participate in identity theft. Had PLS Short term Loans invested in protections, such as one of the products in Microbilt's criminal records searches and reports line, this may have been avoided. The company offers many different programs that scour criminal records, sex offender reports and court records to supply a business owner with the necessary information he or she needs to make hiring decisions.