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DUBAI // Businesses are seeing a sharp rise in the number of job applicants who lie on their CVs, a trend expected to worsen during the global financial crisis.

At least 20 per cent of applicants vetted by Pinkerton Security and Consulting, a firm of security specialists in Dubai, were found to have falsified information when applying for a vacancy.

However, the global situation may be much worse.

“CV fraud costs the industry millions of dirhams internationally, with three in four people falsifying their résumés and up to 75 per cent of all résumés containing dishonesty,” said Craig McLay, Pinkerton’s Middle East managing director.

According to a KPMG survey based in the US, 361 companies lost US$273 million (Dh1 billion) in two years because of bogus applicants.

Mr McLay, who earlier spoke at Intersec, the global security exhibition in Dubai, said: “With the current global financial crisis people would increasingly falsify their CVs to escape from their countries where they can’t find jobs, and look to Dubai as it appears more appealing. It’s then numbers will increase.”
He warned that once a bogus applicant had successfully landed a job, he or she could turn to credit card fraud from inside the company.

Mr McLay pointed to a recent case in which a Filipino worker at a UAE bank stole credit cards and PIN numbers, and leaked the information to an organised crime network in the Philippines.

“Had that person been vetted, then that episode wouldn’t have happened. As it turned out he had several criminal convictions and was a known associate of criminal gangs,” said Mr McLay.

and I thought ppl are leaving and keeping their cars behind at the airport !! how about that

Interesting but very true. the fraud includes small white lies of achievements all the way to fake qualifications....and yes many many people do get away with it.

But I believe today its still easier to verify CVs provided you've got a resourceful HR department to filter the CV. Sometime all it takes is just a few phone calls/emails/net search. A few minutes to a couple of hours.

What if there is a guy who appears as an angel on his CV - doesnt drink,smoke....and his facebook profile has photos of him partying nights away.......

LOOOOL I hear you

michaeldubai wrote:Interesting but very true. the fraud includes small white lies of achievements all the way to fake qualifications....and yes many many people do get away with it.

But I believe today its still easier to verify CVs provided you've got a resourceful HR department to filter the CV. Sometime all it takes is just a few phone calls/emails/net search. A few minutes to a couple of hours.

What if there is a guy who appears as an angel on his CV - doesnt drink,smoke....and his facebook profile has photos of him partying nights away.......

Haha!!! The best way to beat this guys are Interview + Hands On!

hahhahah

true have been receiving cv's who claim to make 36 sharpe ratio on their portfolio without any proof!