Green’s Dictionary of Slang

borass n.

also boress, boracic
[? fig. use of borax n.2 or bore ass]

(US campus) a trick, a prank, a hoax.

[US]Current Sl. V:3 4: Boress, n. A practical joke.
[US]D. Wakefield Going All the Way 217: It was some kind of borass Gunner was pulling, a stunt to shake people up or something.
[UK]J. Morton Lowspeak 29: Boracic – a tall story, as in ‘Don’t come the boracic with me’.