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Regarding showing bank records, scanned checks, etc...95% of people are not going to want to do this, and I doubt that the staff here will ever expect them to either...however...it wouldn't be asking much to request that applicants include things such as screenshots of adsense reports or even PayPal history (confidential stuff can be blurred out)...that kind of stuff is shown to the world every single day when people sell websites as there aren't exactly any privacy/confidentiality issues to be had there as long as the person is able to blur out certain material. That's not to mention that the applications are all private, meaning only a select few will even see it (the staff). If a person isn't willing to share this information, then I have a good feeling that they aren't telling the whole truth.
That said, even this isn't a sure fire way to prevent lying since it doesn't tell the whole story, but it could definitely help.
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