The most common and most likely answer to this crossword clue is the 8 letter word DELUSORY
I've seen this crossword clue in The Daily Telegraph
D
E
L
U
S
O
R
Y
Buddy explains!
The straight part
We know that "creating the wrong impression" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case creating the wrong impression = delusory.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does DELUSORY mean?
DELUSORY adjective- Tending to delude