pad (one's)/the accounts

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pad (one's)/the accounts

To make one's financial accounts appear more successful, stable, or secure than they really are, as by fraudulently concealing losses or by reporting false profits. Once the company's fraud came to light, it was quickly discovered that they had padded their accounts for years. Mark had taken to padding his accounts in the company to hide the losses from his husband's excessive spending habits.
See also: account, pad
References in periodicals archive ?
Closing those deficits with higher Social Security taxes would sow intergenerational warfare by padding the accounts of many already affluent elderly.