exit scam
exit scam · exit scams
A confidence trick where an established business stops shipping orders while…A confidence trick where an established (usually illegal) business stops shipping orders while continuing to receive payments because of its previously good reputation, and then absconds with the money.
Meaning
1 sensesA confidence trick where an established (usually illegal) business stops shipping orders while continuing to receive payments because of its previously good reputation, and then absconds with the money.
Forms
plural: exit scams| Singular | exit scam |
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| Plural | exit scams |
regular
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.