Scam

Confidence Game
A confidence game is a scheme by which a swindler, commonly referred to as a con artist, wins the confidence of their victim and then cheats them out of their money by exploiting the trust placed in them.
Fly-by-Night
Originally referred to a swindler who fled hurriedly from a business situation after their modus operandi (MO) had been discovered by the locals; now refers to a shady business, often operating out of a post office box or accommodation address, that cannot be located when its merchandise or product proves unsatisfactory.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.