Ways of Spotting a Real from a Fake Paystub.
When it comes to knowing what employees earn, the world has made it easier for every employer to know using stuff like Paystubs. What you should realize is that fake pay stubs are actually very common. Like in 2016, a police officer genuinely and knowingly applied for a loan using a very fake paystub and then he was later charged with fraud.
You should have in mind that not everyone is found out in such a case. Therefore, the first thing you should always put effort in is ultimately know the right from the wrong pay stub in this case. You should consider the following things.
The Information Should be Authentic.
The first thing to always consider is the information matching itself so that you are not getting something that does not match and you are told that it is matching in some way or another. Always check the date of birth occupation and name and ensure they match because if they do not then that is a red flag.
It is also easy for you to know the good pay stubs from a fake one by checking the spelling mistakes that exists there. You should always keep in mind that when it comes to genuine pay stubs, it is always produced with employees’ information as it is in the company system.
Everything should line up.
When you get a genuine pay stubs, everything lines up correctly. That includes things such as digits and decimal points. When you compare a genuine pay stub to a fake one, you will know that the fake one was just made from Microsoft Word.
Always know that the 0 and O are different.
The easiest way to consider a fake stub from one that is genuine is checking the small details that exists. You should know that some of the things like the difference between O and 0 is the first thing you need to keep in mind. You should always know that you should not forget checking the details because fake stubs do not put effort in this case.
Understand that Estimations are Minimal.
All pay stubs are made by people who have some level of professionalism. That means that these accountants will rarely put up estimations and if they put it, they are putting some minimal estimations.
So, in order to ensure you are not dealing with a fake, consult with accountants.
Locate Something You Can Easily Read.
A simple way to ensure you have a genuine paystub is that you need to ensure that the numbers are matching correctly and that the formatting is correct in this case.
Ensure that you are always working with a good accountant to help you spot a fake and a genuine pay stub.