I am pretty sure that on the forms they fill out their income and assets are asked for
What likely does not happen is that those numbers are verified.
I know the state of Texas app calls for income etc verification
but I would be surprised is anyone checks
I guess it really depends what state you live in as to how well financial docs are checked. It seems like this runs very deep in the fraud and corruption. Here is an interesting analysis - check out JP Morgan’s involvement & the Soda pop companies — give me a break.