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Well it really matters what you lie about if you lie about. Perjury charges can get pretty high when you lie under oath. If you benefited by the lie, you will usually be required to pay back all of the benefit. If you lie on a Federal document, you can go to jail. If you lie about your education on a resume, you can lose the job and have to pay back what you had made.

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Q: What is the penalty for lying to the police. When i made my statement i was very annoyed and intoxicated. I now want to retract my statment and the police say they will arrest me?
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