August 26, 2015 fraudster
(1990’s | businese (finance) | “con man,” “crook,” “trickster”)
A far as I can tell, we owe this one to the Brits, or maybe their ex-colonials. There are very few LexisNexis results from U.S. sources before 1995; nearly all come from Great Britain and the recent colonies. We’re certainly not above borrowing Briticisms and their cousins (“at the end of the day,” “over the moon,” “selfie“) in these parts, and the venerable “-ster” suffix (see below) rolls off the tongue easily in America, the land of gangsters and mobsters.
This word probably is not necessary in either hemisphere, but it does have the advantage of incorporating the very act its embodiments practice. The old equivalents (see above) do not. “Con[fidence] man” is itself a bit deceptive; it really refers to someone you should not have confidence in, and he has to convince you to do so. “Crook” is more general than “fraudster,” but the two words line up pretty well, so it’s rarely jarring to substitute one for the other. A fraudster sees an opening and uses it dishonestly for personal advantage. The word seems indifferent to distinctions like preying on individuals vs. cheating corporate bodies, or large-scale vs. small-scale crime. As the OED (first citation: 1975) notes, “fraudster” denotes in particular one who lies or cheats in the course of a business transaction. But it is not restricted to such use and has already spread out.
I cannot help but wonder if the rise of this expression since the seventies does not result from a simple (or rather geometric) increase in chicanery. It may be that an ever more complicated and less regulated financial system, coupled with increased criminal activity enabled by widespread use of computers, has made it ever easier to pull scams, causing a new expression to erupt, a boon to harassed writers if no one else. It’s such a relief to have a new, yet easily grasped, synonym to haul out once in a while.
The “-ster” suffix repays study. My feeling is that it has had a bit of an underbelly for centuries, but any negative connotation probably became more pronounced in the twentieth century, at least in the U.S. “Gangster” and “mobster” both date back to somewhere around 1900, according to Random House; I suspect that “gangster” relies on “teamster,” an eighteenth-century expression that did not, as far as I know, develop a dark side until the twentieth, when the Teamsters’ Union for a time became synonymous with corruption. (Tapster, tipster, and trickster, all dubious trades, are much older words. Speaking of deplorable occupations, where do “barrister” and “monster” fit into all this?) The suffix doesn’t always have a negative connotation, even today; when connected to a name, it may be affectionate. For example, Tom Bergeron used to call Whoopi Goldberg “Whoopster” on Hollywood Squares. Then again, after fifty years as a compliment, “hipster” finally became a dirty word somewhere around 2000. I’m not enough of a linguist to offer a proper history of the suffix, but “baxter” (female baker) and “brewster” (female brewer) are very old. According to Chambers Etymological Dictionary (thanks, Liz!), “-ster” comes from Anglo-Saxon, where it denoted specifically a female practitioner, but well before the Elizabethan era the gender distinction had disappeared. Chambers also notes that the suffix, originally attached to verbs (bake, brew), as befits an equivalent of the “-er” suffix, now hooks more readily to nouns. It has gone on yoking itself to new words for centuries now, and it usually seems to have something shady or untrustworthy about it. “Fraudster” thus takes its place in a long, rich tradition.