bilk
/bilk/
Verb
Defraud,
cheat (especially of money)
Ever paid
a restaurant bill only to discover they charged you for stuff you never had?
What they did was bilk you — cheat you out of money that was justly
yours. Shady companies are forever bilking their investors.
To bilk
someone is slightly different from plain robbing them, though the effect is the
same; it implies a non-violent, subtle and devious method masquerading as
legitimate. Bernie Madoff, the Ponzi scheme king, was a classic bilker. On a
more enjoyable note, one of the greatest bilkers in TV history was the
appropriately named Sergeant Bilko, played by the comedian Phil Silvers. His
eternal card games, promotions and get-rich-quick schemes were all designed to
part some poor sucker from their cash. Watch and learn from the master. (Explanation
from vocabulary.com)