Risks of bank opening with 'improved' documents

[sahaj0]

Hi guys

Strictly hypothetical question: in Europe, what are risks, for a person tries‌ to open foreign bank account with documents not 100% correct, and if bank notices?
Will they only refuse account request, or something worse - sue, complain to police, etc.? (is‍ it a big deal?)
Also, do banks have something like CRS for documents (not just⁠ TIN/taxes) for cross-ref if same person/TIN submit different/false documents?

God bless

 

[Sols]

It's fraud and money laundering (and probably a few more charges), so you're looking at‌ a prison time and loss of all funds (frozen and then seized).

Banks use a‍ combination of manual and automated checks to verify the validity and authenticity of documents that⁠ they receive.

 

[Marzio]

I must say you are a master at marketing. Wording "improved documents" to mean false‌ documents is just genius.

 

[Limassol]

Play stupid games, win stupid prizes.
You will trigger AML checks.