Is it legal or illegal to have two sets of books for your financial records?

[AzogtheDefiler]

I’m not saying it happened

I’m just wondering how posters will react if someone being investigated gets charged with falsifying financial records.

Does pleading the 5th even matter if there is documented proof of two sets of books?

Of course it’s legal. Cash based accounting vs accrual accounting.

 

[AzogtheDefiler]

Fuck Zillow.

If you claim your house is worth a million and use that to get a loan based on that...and it's worth a quarter of that...you have as problem

LOL

That’s not how it works

 

[Lesh]

Lying On A Personal Loan Application Is A Bad Idea | Bankrate

A lender might not check your stated income on a personal loan application, but that doesn't mean it's OK to say you earn more than you do.

www.bankrate.com

It's called fraud

 

[Toddsterpatriot]

Lying On A Personal Loan Application Is A Bad Idea | Bankrate

A lender might not check your stated income on a personal loan application, but that doesn't mean it's OK to say you earn more than you do.

www.bankrate.com

It's called fraud

Sounds serious!

Where do they ask you how much your house is worth on that form?

 

[CrusaderFrank]

Did Biden declare his Big Guy 10%?

 

[CrusaderFrank]

Sounds serious!

Where do they ask you how much your house is worth on that form?

Appraisal? We don't need no stinking appraisal!