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In my experience that employer usually cheated because either he/she should verify the projects on Resume by contacting one by one before an interview, this is again an HR cost. And if employer has technical background then he/she can fail the candidate during interview but this again the wastage of time.

I've seen the cases while consulting to an IT house that they have failed product/project. Even with 4 attempt and spending over 10 years, they were failed. But the engineers working over there got their jobs in other companies on the basis of their even failed experience.

I experienced that atleast 70% of candidate resumes are mostly not valid or incompatible with their actual capabilities and work.