bilk
verb [bilk]

1. to block the free development of; frustrate
2a. to cheat out of something valuable; defraud
b. to evade payment of or to
c. to obtain (something) by defrauding someone
3. to slip away from

noun
1. an untrustworthy tricky individual; cheat

The DPP accused Cruisey of bilking the NDIS out of millions through his schemes.