whippy n. an insurance claim for whiplash, or a person making such a claim. (source: Double-Tongued Dictionary)
lapping n.— «According to a Ramsey County criminal complaint, Weeks admitted to taking between $3,000 and $6,000 in proceeds from each of the charity’s monthly car auctions, where he was in charge of handing all cash. He told...
affinity fraud n.— «When the scoundrel running the fraud is a trusted person, it makes the crime even more repulsive. Affinity fraud, as it is known, often includes people who put themselves in positions of trust at churches or schools...
chiefs disease n.— «The CHP’s fraud task force investigated possible abuse of disability retirement, specifically among its highest ranking officers.…Most startling of all, 80 percent of assistant chiefs retired on disability...
vice mail n.— «Federal prosecutors yesterday filed criminal charges against three people who allegedly preyed on unsuspecting investors with voice mail messages disguised as confidential stock tips left on the wrong answering machine. At...
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...