Tax evasion amounts to larcenous accumulation of public money by some unscrupulous individuals.

Answer: Option C

Miserly : of or characteristic of a miser.
Extravagant : lacking restraint in spending money or using resources.
Theft : the action or crime of stealing.
Shrewd : having or showing sharp powers of judgement; astute.
Larcenous : having the character of or constituting larceny.

Synonym of Larcenous is Theft