carousel fraud n.— «The money is being lost to a swindle described officially as missing trader intra-community fraud, but known to criminals as carousel fraud. It involves bogus companies being set up to trade goods between each other...
book-up n.— «THE ANZ bank has warned it will not do business with shops that hold the credit cards and personal identification numbers of Aboriginal customers. In a submission to the Northern Territory Government, the bank says the...
box job n.— «Prosecutors have alleged Chapman, Flanagan, Jacobi and others created shell corporations and sold securities while hiding the fact that they controlled all the shares of stock—a scheme regulators refer to as a “box job...
roundtabling n.— «Birkett said investigators believe the signatures were forged using a practice called “roundtabling,” in which people pass petitions around a table and sign them.» —“Consultant Charged With Forgery And...
tombstoning n.— «Morris also told of recent indications that Medicaid, Social Security and other HEW claims are being filed in the names of dead persons. The subcomittee chairman, Sen. Sam Nunn (D-Ga.), called this “tombstoning...
cuffing and stuffing v.— «We’re a white-collar unit—paper crimes, fraud, embezzlement. The old cuffing-and-stuffing routine doesn’t come to us very much.» —“Club owner’s sense of something off-key led to the arrest of rock-star...