gubbs

To steal, rip off or promise something that you will not do.

You offer someone x amount of money for an item traded over the internet - yet never pay up.

Also known as gubbing.

Trader - "I have a great set of tyres for sale"

"buyer" - " I'll give you a pony for them, post them to me and i'll pay up at the end of the week when I get paid"

Trader sends items

"buyer" never sends the money.

Trader - "you c*nt, where's my money - you better not gubbs me!! (ie you better not rip me off)

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