Filing a fraudulent lien can be punishable by heavy fines and/or jail time. Financing statements and other lien filings are important tools for Idaho’s business community. However, fraudulent filings are sometimes used to do harm to an individual or business. Idaho’s legal community takes fraudulent filings seriously and has prosecuted several cases in recent months. The Secretary of State’s office is under no obligation to accept a fraudulent lien filing, and reports these filings to affected parties and to law enforcement.