The Importance of Telling Real and Fake Pay Stubs Apart

Trusting someone is vital; however, verifying is as important, especially if it involves doing business with them. If you deal with renting housing units, selling high-end jewelry items, or selling automobiles, it is your responsibility to ensure that your clients can indeed pay for what they are interested in purchasing. One way to find out about this information from your customers is to check their employment status, especially their monthly or weekly pay rates. It should not be a problem for most employees working for employers to provide their pay stubs to these people as proof of employment. Sadly, there are many people who don’t have proper qualifications and try to scam their way into getting an agreement with you using a variety of methods like using fake pay stubs. When you don’t know which details to check to pinpoint the fake pay stubs from the real ones, then you can lose thousands of dollars and get into more trouble. You can get more information about the difference between the real vs fake pay stubs here.

There are many consequences when you accept fake pay stubs. When you accept fake pay stubs and transact business with the person who provided you these, you will no doubt feel embarrassed, but that’s only the start of it. At the very least, you may have closed a deal with a person who can’t afford to pay for the product or service they have bought from you. For the most part, in terms of making payments, this person will fall behind them. You will then deal with certain consequences like dealing with thousands of lost dollars and repossession. For those dealing with real estate, you may end up going through legal eviction proceedings, costing you a small fortune for lost time and legal fees just to get back the property.

Once you’ve been a victim of fraud with the use of fake pay stubs, you have to get in touch with your local police department as soon as possible. A person commits fraud when they use fake income as a form of verification. You can then charge the person with a felony. By getting law enforcement help, it should not be troublesome for you to evict the fraudulent tenant or recover the merchandise you’ve lost.

There are varying reasons why people generate the fake paycheck stubs. Whatever the reason, it is up to you to ensure that you don’t allow these people to scam you with the use of these fake pay stubs. To ensure that you have a genuine pay stub with you, you have to begin checking out and verifying with the employer listed under the contact information of the stub. There is always business information included in real pay stubs. You can start by getting permission from the person who submitted the stub to contact their employer. This immediately gets a reaction from the involved person, giving you a clue if they have given you either a real or fake pay stub. If you want to know more about this topic, then click here: https://www.huffpost.com/entry/how-to-handle-employee-pa_b_11914184.