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A ripoff (or rip-off) is a grossly unfavorable financial transaction. It originated as slang that has entered into standard English usage as a business term. [1]
Usually it refers to an incident in which a person is overcharged for something, or receives goods or services not of the standard expected for the price. A ripoff is usually distinguished from a scam in that a scam involves wrongdoing such as a fraud; a ripoff may be considered excessive, but not illegal.
An advance-fee scam is a form of fraud and is a common confidence trick. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. If a victim makes the payment, the fraudster either invents a series of further fees for the victim to pay or simply disappears.
A scam, or a confidence trick, is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using a combination of the victim's credulity, naivety, compassion, vanity, confidence, irresponsibility, and greed. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ... intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators at the expense of their victims ".
A charlatan is a person practicing quackery or a similar confidence trick in order to obtain money, power, fame, or other advantages through pretense or deception. One example of a charlatan appears in the Canterbury Tales story "The Pardoner's Tale," with the Pardoner who tricks sinners into buying fake religious relics. Synonyms for charlatan include shyster, quack, or faker. Quack is a reference to quackery or the practice of dubious medicine, including the sale of snake oil, or a person who does not have medical training who purports to provide medical services.
A Joe job is a spamming technique that sends out unsolicited e-mails using spoofed sender data. Early Joe jobs aimed at tarnishing the reputation of the apparent sender or inducing the recipients to take action against them, but they are now typically used by commercial spammers to conceal the true origin of their messages and to trick recipients into opening emails apparently coming from a trusted source.
A get-rich-quick scheme is a plan to obtain high rates of return for a small investment. Most schemes create an impression that participants can obtain this high rate of return with little risk, skill, effort, or time.
Email fraud is intentional deception for either personal gain or to damage another individual using email as the vehicle. Almost as soon as email became widely used, it began to be used as a means to defraud people, just as telephony and paper mail were used by previous generations.
A clip joint is an establishment, usually a strip club or night club, in which customers are tricked into paying far above market prices for low-grade goods or services—or sometimes, nothing—in return. Typically, clip joints suggest the possibility of sex, charge inflated prices for watered-down alcoholic drinks, and then throw out customers when they become unwilling or unable to spend more money. The products and services offered may be illegal, allowing the establishment to maintain the scam with little fear of punishment from law enforcement, since its victims cannot report the venue without admitting that they broke the law. Even when victims have broken no laws, they may be too embarrassed to seek legal recourse.
Ripoff Report is a private for-profit website founded by Ed Magedson. The Ripoff Report has been online since December 1998 and is operated by Xcentric Ventures, LLC which is based in Tempe, Arizona. In 2023 an Australian judge found the company purports to be a consumer review site but profits from extortive business practices.
Rip off or rip-off may refer to:
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity.
A fence is a part of many woodworking tools; it is typically used to guide or secure a workpiece while it is being sawn, planed, routed or marked. Fences play an important role for both accuracy and safety. Fences are usually straight and vertical, and made from metal, wood or plastic.
A mock auction is a scam usually operated in a street market, disposal sale or similar environment, where cheap and low quality goods are sold at high prices by a team of confidence tricksters.
Scam is a 1993 television film adaptation of crime drama novel by Craig Smith titled Ladystinger. It originally aired on Showtime in May 1993.
The art student scam is a confidence trick in which cheap, mass-produced paintings or prints are misrepresented as original works of art, often by young people pretending to be art students trying to raise money for art supplies or tuition fees. The sellers mostly represented themselves as French art students, but the scam has recently been copied internationally, with instances of Israeli, Chinese, Chilean, Nigerian and other nationalities posing as art students or dealers in Australia, Canada, China, Ireland, New Zealand and the United States since around 2000. The art is often sold in exhibition sites or art galleries. Many scammers operate alongside and at the long-run expense of genuine art students who show their yearly work in festivals during the summer vacation.
An exit scam or rug pull is a confidence trick, con job or fraud, perpetuated under the guise of a legitimate business, that ends when the originator absconds with the funds contributed by participants. When a business entity pulls the rug and stops shipping orders while receiving payment for new orders, it could take some time before it is widely recognized that orders are not shipping. The entity can then make off with the money paid for unshipped orders. Customers who trusted the business do not realize that orders are not being fulfilled until the business has already disappeared. Exit scams are commonly associated with the rise of cryptocurrency projects due to the lack of regulation and decentralized ecosystem.
The locksmith scam is a scam involving fake business listings for cheap locksmith services that, once called out, overcharge the customer. The scam targets people who call a locksmith out of desperation, usually because of being locked out of their car or premises. Locksmith scams have been reported in the U.S., the U.K., and New Zealand.
Scattered Canary is a Nigerian fraud ring. During the COVID-19 lockdowns in 2020, the group used business email compromise and, according to the United States Secret Service, "hundreds if not thousands" of money mules to defraud U.S. state unemployment agencies. A security firm that tracked the group said they started in 2009 committing Craigslist scams, then in 2015 began phishing, and in 2016 were committing tax return fraud and credit card fraud, before specializing in ripoffs of government agencies in 2017. The Washington State Employment Security Department said that the group had stolen hundreds of millions of dollars from it in 2020; an estimate of the loss by the Washington State Auditor runs as high as over $600 million. In 2021, investigative journalists reported having accessed a 13-page "how to" guide published by Scattered Canary on defrauding the Texas unemployment system, which paid out over $800 million in fraudulent claims.
The Last Hope: Dead Zone Survival is a survival game developed by VG Games for the Nintendo Switch. The game revolves around Brian Lee, a man who is sent to the future to investigate an inevitable zombie outbreak while accompanied by his daughter, Eva. The gameplay consists of killing zombies and collecting resources while exploring a city.