Recruiting while Laid Off

Does anyone have experience recruiting while after being laid off? I was laid off as an IB analyst, but my firm is letting me say I'm working there till the end of March (without pay)

Should I come clean in my current interview processes or continue to say I'm still actively employed. I have strong references that will say I'm still working there, but in case the firm does an informal channel check it may come up. Or possibly even after I start the job

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God, I love being a Kraut, we get three months notice, and our contracts literally cannot go over 40h "official" work. Meaning you can just put in your 9-5 for 3 months and otherwise chill/recruit/get laid. Can it get more amazing?

...and the Truth shall set you free
 

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