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Estimate of petitions that contain fraud

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Visit the IRS's bankruptcy site at http://www.irs.gov/compliance/enforcement/article/0, id=117520,00.html and answer the following questions:

a. What percentage of bankruptcy petitions does the IRS estimate contain some kind of fraud?

b. What are the major goals of the Criminal Investigation Division's bankruptcy fraud program?

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https://brainmass.com/business/financial-distress-and-bankruptcy/estimate-petitions-contain-fraud-398441

Solution Preview

Based on the site, roughly 10% of all bankruptcy petitions contain some kind of fraud.

The major goals of the Criminal Investigation Division's bankruptcy ...

Solution Summary

Visit the IRS's bankruptcy site at http://www.irs.gov/compliance/enforcement/article/0, id=117520,00.html and answer the following questions:

a. What percentage of bankruptcy petitions does the IRS estimate contain some kind of fraud?

b. What are the major goals of the Criminal Investigation Division's bankruptcy fraud program?

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