At my brothers Aufroff someone brought up an old story that my parents never knew about. He also went into extreme detail and grossly exaggerated the whole incident. (The story itself, while nothing to brag about, was a mistake anyone could make- but my brother did an excellent job at hiding it for years. The exaggerated story made him look like a fool in front of his family and future family.)
My parents were very annoyed and although the whole place was laughing- my father who was sitting next to my brother said he had this look on his face like he couldn’t wait until the guy would finish.
So yes, it does happen but hopefully not that often.