Startup loses Rs 2 lakh to fake resume: 'He lied about everything'

• A startup faced a loss of over Rs 2 lakh after hiring an employee with a fraudulent resume, as shared by Ashutosh Gupta of Praper Media.
• The employee claimed 3 years of experience and a Rs 40,000 salary, but was actually earning Rs 25,000 and was fired from his previous job.
• The company initially skipped background checks, relying on interviews and 'gut feeling' when it was smaller.
• The total loss included Rs 1.35 lakh in salary, Rs 40,000 in training, and Rs 25,000 for hiring a replacement, plus delayed client work.
• Praper Media now mandates thorough background verification, including contacting HR, official managers, and cross-checking documents.