As we all know, this is VERY bad to do. But most people over-exaggerate the truth, I know many people give practiced and often over-padded competency examples during interviews to impress, and many do still lie about their credentials (and go on to secure jobs, without HR checking). The article below shows how someone in a senior level position was removed from the position for lying about their credentials.
On Friday, the hedge fund (), which is the middle of a contentious proxy battle with Yahoo, called for the dismissal of the technology company’s chief executive, Scott Thompson, after revealing that he had inaccurately stated his credentials.
Students/job seekers: Have you lied and/or padded your resume?
Employers: Does you company have a no-tolerance policy on lying (ie someone is immediately dismissed no matter what)? or is it subjective/depend on the situation?
Here's the full article: http://dealbook.nytimes.com/2012/05/04/hedge-fund-...