Grounds on Which the Production of Fake Stubs Was Illegalized
A pay advice and a pay advice are other names of the pay stub. This is a document which indicates that a certain amount has been deposited into your account. On the stub, you will find the gross salary, deductions, and the net salary. The main deductions on a stub are; insurance premiums, taxes, pension scheme deductions and the organization contributions. A stub may be used in taking loans, buying cars, renting real estate property and as a validation of payment.
Today, many employees and workers download their stubs from their companies and businesses’ website. Nowadays, people have come to learn how to make fake stubs. A fake stub is a document indicating that a certain payment took place but it didn’t. The making of fake stubs was illegalized because of the following.
The making of fake stubs is a forgery. Forgery is unlawful. In order to have an exact but fake copy of an original stub, you must come up with ways in which you will be able to get the seals, stamps, and signatures needed. So as to achieve this, you need to closely liaise with the relevant officials. This results in bribing which is corruption.
The counterfeit stubs give false benefits. As we said earlier, stubs are used as security for loans, renting of the real estate and a better salary for your new job. In case the real estate investor, car dealer, and the financial institutions come to know that your stub is fake, they will give no property, car, and money respectively. You are also supposed to be taken to a court of law and be charged with forgery. The financial, car and real estate businesses may also fall as a result of receiving fake stubs.
The fake stubs make people think you are rich. In order to win some people and get some favors, you may produce fake stubs and the people will believe you are rich. A fake pay slip will persuade your friends and relatives to give you a loan.
The fake pay slips have incorrect information and figures. Since the people who produce fake stubs have little knowledge on the production of payslips, they will definitely do some miscalculations. They may also misspell some words and place decimal points in the wrong places which may lead to unreal figures.
The fake stubs are used in avoiding financial responsibilities. You can produce a fake stub to your family or friends and they will believe that you get a little income. The financial responsibility will then be transferred to another individual.
The above are grounds on which the making of fake pay slips was illegalized.