Definition
A fraudulent scheme designed by someone with the ethics of an expired coupon. The noun form of deception, a deal that sounds too good to be true because it absolutely is.
Example Usage
The cryptocurrency investment turned out to be a Ponzi scam targeting retirees.
Source: Modern Slang / Law Enforcement
Related Terms
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See “scam” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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