carousel fraud
British
noun
A fraudulent scheme to generate VAT rebates (or occasionally government grants) in which goods are imported and exported across a network of (dummy) companies.
Origin
1980s; earliest use found in The Financial Times.
- Jackson, Glenda
- Jackson Heights
- Jackson Hole
- Jackson, Howell Edmunds
- Jacksonian
- Jackson, Jesse
- Jackson, Mahalia
- Jackson, Michael
- Jackson, Reggie
- Jackson, Robert H.
- Jackson, Thomas Jonathan
- Jacksonville
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- jack-up rig
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- Jacky Jacky