Underage Fake ID and Background Check
So I'm a Finance major at a regular state university but with a stellar GPA and unique minor.
I was overly carried away with partying throughout my freshman year but have since changed my lifestyle.
I'm just wondering if "Posession of a Counterfeit Driver's License" would truly bar me from the Finance field? I was charged with "fraud" but it was solely alcohol related, and I was nineteen years old at the time.
Can any financial hiring managers provide me with any insight? Have people been hired into finance from my position? Could I even be bonded into an entry-level life insurance position?
My charge was dismissed/expunged after probation by the way, and was a felony.
oh its one of these threads again.
Sorry if the topic has been repetitive but I'm having trouble finding any information on this. I tried searching.
so you're saying you weren't actually charged with anything?
Yes I was charged with a counterfeit drivers license however it's technically dismissed and expunged now, so I was not convicted.
Normal business HR departments wouldn't see this charge at all on my background check. However FDIC insured institutions (banks, insurance) WILL see the charge regardless.
I don't think you should worry too much about it.
Mark Cuban did crazier shit and look where he ended up.
That was slightly inspiring but not very helpful. Thanks though.
I mean it's not good to have any criminal record, but I doubt this will be that big of a factor. But I could be wrong.
You really ought to get a lawyer if you're that concerned.
Confused, if it is expunged then how is it still on your record?
I have a defense attorney which is how I was luckily able to have the charge dismissed. He doesn't have a financial background, however, and can't foresee my future job prospects. I guess I'll just call BB hiring managers myself.
Amphipathic, Only the government and FDIC insured institutions can see expunged charges. I guess medical related fields can, too.
But basically banking HR departments can figure out your entire life history, expunged or not.
Ur fucked, if you ever want to be registered with FINRA. No top tier firm will want you in front of clients with that on your FINRA. You have to disclose everything to them to. It might get wiped from your record after a year, but not from your FINRA.
How much experience do you have in this, chi312?
make sure you tell them right when the interview starts, that you are a liar and like to cheat the system
Chi do you work for the FINRA? How do you know that no one is registered with a Fake ID charge?
I know that is your opinion but I'd prefer more credible responses. Like from financial hiring managers like I said.
TonyPerkins you probably didn't have much of a college experience.
That actually made me El Oh El....your college experience was probably half as much as mine was
I once saw a disclosure on FINRA where someone stole a roast beef sandwich in college. It might not affect the hiring decision(depends on the firm and job), but it is there for everyone to see once you become registered with FINRA.
And it is there for a good reason. If you are a very wealthy individual, do you want to trust your money to someone with a rap sheet for stupid shit? While stealing a roast beef in college is not very significant, producing and using a fake ID is much worse.
In an industry where ethics is constantly being called into question, this is a great regulatory agency to bring some transparency to the people behind the money. When that type of charge is seen, it raises questions about the integrity of that individual.
cantellifserious.
OMG A FAKE ID
Theft of any type is more significant than possessing a Fake ID. I don't steal. So I didn't have the best of integrity while pledging a fraternity at nineteen years old. I'm now older with a 3.8 cumulative GPA. The charge appears much more serious than the actual crime which is part of my problem. I know that finance guys are party goers. Someone has to of been charged with a fake ID and is now working in IB or at a BB...Maybe even a boutique bank.
Does anyone have any valuable advice to offer?
Edit- I'm not discrediting this post of yours. I do appreciate your reply, as it was logical. I just can't be convinced that I'm truly as "fucked" as you consider me to be.
u r safe
Fake ID - IB offer (Originally Posted: 02/10/2016)
Hi WSO,
Dumb monkey here. I recently (mid-February) got caught underage in a bar with a fake ID and had to appear in court. The attorney appointed to me advised me to plead guilty to a lesser offense (disorderly conduct) rather than fight the felony I was taken into custody with (Criminal Possession of a Forged Instrument in the Second Degree) which I did. My attorney advised me that it was the best deal because I could not fight being in possession of a Fake ID with my face and name on it, and informed me that my record would be sealed as long as I stayed out of trouble.
My question is how do banks view this? A few people I have networked with are helping me secure interview at a few banks and I want to know if disorderly conduct is something that kills any change I have at getting an offer. Should I just not even bother? I do not like the idea of someone going to bat for me and having this potentially reflect poorly on them. Will disorderly conduct in NY come up on a background check? How will this affect OCR in the fall since the record will not be sealed until Mid Februrary of my junior year?
I cannot believe underage drinking and a fake ID will ruin everything I've worked for. I genuinely want to do IB and cannot believe something so dumb can jeopardize any opportunities I have.
It doesn't matter. Just disclose it. No one will care. Although I did have a friend once go on and on about craft beer in an interview before finally the stick-up-his-ass MD just says "I don't drink."
What about registration with the FINRA if I have already received an offer and they have requested an FBI background check? Will I be able to get registered?
What, disorderly conduct as a minor? You'll be fine.
No I mean just having been charged with a felony for the fake id. Although I was convicted of only disorderly conduct, my worry stems from the felony fake id charge.
No I mean just having been charged with a felony for the fake id. Although I was convicted of only disorderly conduct, my worry stems from the felony fake id charge.
Get it expunged/sealed as soon as you can. Otherwise it shuldn't be an issue.
You have to disclose being charged with any felony to FINRA in your U4. However, you'll be able to say the felony was dropped and you were not convicted. Generally this is fine, but they will ask for follow up information. Shouldn't likely be an issue, though.
When the hell did a fake ID become a felony or anything close to that? Old man statement coming, but I didn't grow up in the 50's (the 80's-90's) and a fake was a nothing charge. Unless you did something incredibly stupendous like get caught with a fake after starting a bar brawl AND setting the bar on fire, cops didn't care. Second time I've seen this type of question on WSO recently and I'm honestly curious.
I understand a severe charge for a fake ID if you laundered money or were an ISIS recruiter but to consume alcohol? Why does this country care so much about such stupid shit?
Since 9/11..
Got caught with a fake my junior year of college. Went to court, and interned on a trading floor the following summer. No one even asked.
The reason I was charged with a felony fake id was because the police fucked up the charges. Because I was under 21, the charge should have only been a misdemeanor as I got arrested leaving a bar, but the charged me with a felony anyways. That is in part why the fake id charge, as well as all over charges were dismissed entirely and all I received were two city ordinance violations, no even misdemeanors, for disorderly conduct and was never convicted of a crime. And thanks for all the advice, I will keep update once HR rep responds and when background check goes through.
I know this was a while ago, but can you provide insight into what happened?
guthix89
How did things turn out for you???
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