Using Fake Paystubs: The 5 Biggest Drawbacks
Using fake paystubs might be tempting at times, especially if it allows you to save precious dollars in taxes or impress a potential employer. Some people resort to doing this to be approved for loans from banks. And then there are those who get swindled by fake stub creators on the internet.
Important Reasons Not to Use Fake Pay Stubs
If you too have been mulling with the idea of turning to an inauthentic check stub generator, consider yourself warned. Here are some severe drawbacks of resorting to such a decision:
1. You might be rejected for credit facilities
Loan providers like banks and other financial institutions turn to pay stubs to verify your income and current monetary situation. You are usually asked to submit paystubs for the previous three months (up to a year). If the organisation in question detects that your submitted stubs are fake, you are certain to be denied any facilities. Not only that, but you could be blacklisted and debarred from availing loans in the future.
2. Your employer might give you the pink slip
Does your fake stub include your employer’s information? This can prove to be a major hazard! If your workplace detects this fraud, you might be fired from your job. Building and sharing fake check stubs online or otherwise is a serious offence. It can affect the reputation of your company—not something they will take lightly!
3. You might have to pay penalties
Fake check stubs are taken pretty seriously in the professional world. If you share spurious payslips with employers, banks, etc., you are likely to incur hefty penalties for the same. Many US states have serious fines for this scam. The money you end up shelling out negates any possible “advantage” you may have earned through a fake paystub generator. It is an infinitely safer decision to use reliable digital stub makers to produce professional records of your payment information. At StubCheck.com, you can build legal pay stubs with complete, accurate details for only $3.99 apiece. We go the extra mile to keep our algorithm updated with all the state laws and our background calculator working overtime to retain correctness.
4. You might lose out on current/ongoing financial services
Do you currently have active loans, credit facilities, etc.? Unless you are comfortable with getting these services discontinued, do not generate fake pay stubs. If your fraud is detected, these services are likely to be stopped, putting you in a probable financial crisis. This can negatively influence both your personal and professional life.
5. You could be looking at jail time
While this punishment is meted out only in extreme cases, it is definitely a possibility. Some scamsters have been known to face prison time because of financial frauds, including the use of fake check stubs.
It seems straightforward to create phoney payslips; building a check stub free can be very tempting. Moreover, the internet abounds in fake paystub makers. However, the rewards clearly don’t compensate for the risks. Choose a trustworthy service provider to safeguard your professional standing and financial life.