Fraud is the generic term usually applied to financial crimes committed with deceit or trickery. This can include tax fraud, where fabricated records are used to limit tax liability, as well as business fraud where fraudulent documents are used to steal from others. Fraud is a serious problem in business, the leading source of white collar theft.
I find this shocking. If the government wants to know where to focus IRS audit efforts it should take a look at the earned income credit program. I'm sure there [...]