Who is responsible? – Consultancy or You?YOU ARE RESPONSIBLE FOR THE FAKE BANK STATEMENT, SINCE IT IS YOUR APPLICATION. They are easily finding out the fake bank statements. Now, Universities and US Embassies are verifying the bank letters by directly calling the bank phone numbers. How Universities identify the Fake Bank Letter? Few years ago universities use the call the phone number mentioned on the bank letter to verify the bank statement. Consultancies are making money and cheating students at this point. For middle class Indians it is hard to have around 20 lacks in cash to show the liquid funds to get the I-20. You have to show the liquid amount to cover the first year of study at the university to get the I-20 from US University. So, you will be paying 10,000 to 15,000 approximately. Some charge 0.5% to 0.8% of the amount bank statement had. They will give Free Fake bank statement as complimentary to the money you pay for admission process. How much Consultancies charge for Fake Bank Statement? Some consultancies will not charge anything. Isn’t this process complete in less than a minute? Did you get how easy to cheat you and charge you for Fake bank statement? They just replace your name, new account number and take a color printout. They will have MS word templates for all banks.