BUNKO STEERER Meaning and
Definition
-
Bunko steerer is a term used to describe a con artist or a fraudulent individual who engages in the practice of bunko or confidence tricks. Bunko steerers typically operate by gaining the trust of unsuspecting victims through deceit, manipulation, and misrepresentation, with the ultimate goal of defrauding them of their money or valuables.
The term "bunko" originates from the early 20th century American underworld, specifically referred to as a confidence game, which involved the exploitation of human weaknesses, such as greed or vulnerability. The bunko steerer is the person who actively carries out this scheme, usually by assuming a false identity, establishing rapport with the victim, and subsequently deceiving them.
Bunko steerers employ various tactics to achieve their fraudulent goals. They often develop elaborate scenarios or stories to appear credible and reliable. This might involve promising lucrative investment opportunities, offering fake goods or services, or conducting rigged games or lotteries. By manipulating emotions, exploiting trust, and creating a false sense of urgency or exceptional opportunity, they persuade their victims into parting with their money or possessions.
It is important to note that a bunko steerer relies on the element of surprise and the victim's lack of awareness or skepticism. They take advantage of human nature's desire for quick gains or personal advantages to deceive individuals who may be unfamiliar with such fraudulent practices.
Because of the inherently deceitful nature of the bunko steerer's activities, their actions are considered illegal in most jurisdictions. Law enforcement agencies actively work to identify and apprehend these individuals to protect the public from falling victim to their scams.
Common Misspellings for BUNKO STEERER
- vunko steerer
- nunko steerer
- hunko steerer
- gunko steerer
- bynko steerer
- bhnko steerer
- bjnko steerer
- binko steerer
- b8nko steerer
- b7nko steerer
- bubko steerer
- bumko steerer
- bujko steerer
- buhko steerer
- bunjo steerer
- bunmo steerer
- bunlo steerer
- bunoo steerer
- bunio steerer
- bunki steerer
Etymology of BUNKO STEERER
The word "bunko steerer" originates from American English and its etymology can be traced back to the late 19th century. "Bunko" refers to a type of confidence game or swindle, often involving a rigged gambling scheme or fraudulent investment. The term "steerer" is a noun derived from the verb "steer", meaning to guide or direct someone in a particular direction.
In the context of "bunko steerer", the word refers to an individual involved in the aforementioned confidence game. A bunko steerer is someone who acts as a recruiter or persuader, steering potential victims towards the bunko scheme, convincing them to participate and ultimately swindling them out of their money.
Infographic
Add the infographic to your website:
