I make sure to ask all new clients about entities owned, details about their entities, and assets owned by the entities.Ya but we've all had a client who tells you the whole time they have everything in a partnership - then they send over docs and there lies an 1120S return lol 

They are an investment blackhole being picked up by people who will never make a profit and are banking on the dual lies of appreciation and "have the other units payoff your mortgage!"

I guess my first question is can a Representative from a publicly traded company knowingly lie to advance the company?  

There are steps you could take to prevent this, which generally involve lying and scheming, but the only true protection is to close and resell. 

@Bill BrandtThe numbers on lie.

There are exceptions of course especially if you have technology skills, but as a general rule of thumb that'd be fair.For those of us here that have grown a real estate business I think if you ask and investigate, most will share that it's not where they started. 

I've been an entrepreneur for years, and have a successful event production business specializing in audiovisual technology and logistics.

With technology advancing the way that it is, it should only be a matter of time before smart contracts are the only way of getting things done.

There is nothing wrong with saying, "I am not saying you are lying, but I have no proof".I agree there is nothing more you can do, beyond improved protocols going forward.

Sometimes They will lie cheat and steal and irritate you but always keep in mind this is a business and you need to act professionally