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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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?
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 ...
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