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We found 2 dictionaries that define the word exit scam:

General (2 matching dictionaries)
  1. exit scam: Wiktionary
  2. Exit scam: Wikipedia, the Free Encyclopedia

Definitions from Wiktionary (exit scam)

noun:  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.

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