Did Something Dumb... Help a Monkey Out

I just finished my summer internship with an investment banking recently. I'm new to the forums, go easy on me.

I tend to be the paranoid type about these things. Basically, a few weeks ago I told a stupid lie to my manager. It was a completely casual conversation at lunch and told him my family are entrepreneurs. Don't ask me why I said I, we were just talking about life and it came up. Needless to say it's a pretty big lie. They arent.

About time I already had a return offer. Let's say he finds out (he hasn't yet) that it is BS. Aside from my credibility going down in his eyes, whats the risk here he seeks to cancel my offer?

18 Comments
 

You can always say that they aren't closely related or perhaps have a different last name? I mean who really gives a shit about your 3rd cousin who has a car wash business? Now if you said you were related to Zuckerberg it might be a different outcome.

 
"MBA_Junkie"

this probably will not impact your offer, etc... probably...
but compulsive liars like yourself should be kept as far away from the money as possible..

Compulsive is a bit punitive here, guys. I made one mistake, which I clearly am showing remorse for. That being said, thanks for your response.

 

Hmm.. this is a tricky one. Usually big banks do an extensive background check that includes reviewing multiple forms of social media. If they catch your lie, and it's a big one, they may reach the conclusion that you're not well suited for the position or that you may jeopardize the reputation of the firm in the future and therefore constitute a risk.

If I were you, I would consider coming clean to human resources before they find out. This way, they'll just think that you're a young kid that made a mistake.

Good luck.

“Elections are a futures market for stolen property”
 
"Esuric"

Hmm.. this is a tricky one. Usually big banks do an extensive background check that includes reviewing multiple forms of social media. If they catch your lie, and it's a big one, they may reach the conclusion that you're not well suited for the position or that you may jeopardize the reputation of the firm in the future and therefore constitute a risk.

If I were you, I would consider coming clean to human resources before they find out. This way, they'll just think that you're a young kid that made a mistake.

Good luck.

how do you know this. do you work in banking? this is the worst advice

OP background process is done by a 3rd party actually and the level of phucks given is essentially zero. your 'lie' will not be diligence'd. don't say shit to anyone about it, and don't be stupid going forward. they will focus on REAL things like criminal record, graduation (w/ stated GPA), employment record.

 
"drunkmodeler123123"how do you know this. do you work in banking? this is the worst advice

I think that was @Esuric's intention

Those who can, do. Those who can't, post threads about how to do it on WSO.
 
"Esuric"

Hmm.. this is a tricky one. Usually big banks do an extensive background check that includes reviewing multiple forms of social media. If they catch your lie, and it's a big one, they may reach the conclusion that you're not well suited for the position or that you may jeopardize the reputation of the firm in the future and therefore constitute a risk.

If I were you, I would consider coming clean to human resources before they find out. This way, they'll just think that you're a young kid that made a mistake.

Good luck.

I'm confused here. Should I actually be doing this? I'll trust the judgement of the community versus my own, I really have no experience with background checks.

 
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“Elections are a futures market for stolen property”

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