It should be clear that those in the fraudministration lack any relevant skills, instead being cronies or ideological partners skilled only in fraud, lying, distorting truth, theft, cover-ups, nepotism, and inappropriately benefitting from ill-advised favors.
Enron and the Bush fraudministration epitomize the concept.
Also use fraudministrators.
Enron's senior-level fraudministration sought to completely milk their core business, leaving market-manipulation and "creative accounting" as their sole source of income.
Recently installed top Kansas school fraudministrators began indoctrinating innocent school-children with ridiculous Creationist "science" while publically supporting evolutionary theory.