Someone, usually a person who no one likes in the least and most often a menace to existence, who gets sexual stimulation and/or jizzes their britches whenever they cheat or defraud others. The volume of ejaculate is directly proportionate to the degree of suffering of the intended victim.
Chuckford: "That phone scammer sure did groan and grunt alot when he thought I was going to give him my bank info."
Rastafarian Billy: "OH! He must be a cheatin' skeeter! Probably cheat-skeetin' out a load of jizz thinking about the heartache and suffering that he would cause."
Chuckford: "Yeah, sounds about right. What a piece of unfiltered shit that man must be..."