The loan shark would leech off of Frank's desperation with absurdly high interest rates.
verb
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bilk -
To take money from someone by cheating or tricking them.
The con men in the big city are always looking for naive out-of-towners in order to bilk them of the money they took with them for their big trip to the big town.
noun
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leech -
A person who extorts profit from or sponges on others
Joan loved Barry, but because he never worked and just played video games all day, she was concerned that he was just a leech and didn't really love her in return.
noun
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huckster -
A person who sells things of questionable value
At the county fair, the huckster was selling tickets to a concert that had been cancelled. .
verb
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filch -
To pilfer or steal (something, especially a thing of small value) in a casual way
In some states, filching something as small as a pack of gum can lead to being arrested.
noun
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extortion -
The practice of obtaining something, especially money, through force or threats.
The mafia would go to a store, and say "We will make sure your store doesn't burn down if you give us money every month", in an obvious act of extortion.
noun
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heist -
A robbery
Putting on their masks and loading their guns, the bank robbers knew the heist was imminent.
noun
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swindle -
A fraudulent scheme or action
Some people think that the government taxing them is its own sort of swindle.
noun
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crook -
A person who is dishonest or a criminal
The crook was caught red-handed by the police as he left the house he had just robbed.
noun
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scam -
A dishonest scheme; a fraud
When Joel received an e-mail that promised him a million dollars, he hoped it wasn't a scam.
verb
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swindle -
Use deception to deprive (someone) of money or possessions
Criminals have recently been swindling people by pretending to be IRS agents and demanding money.
verb
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bamboozle -
To cheat or fool.
When Fred and Joan investigated and added up the numbers, they realized that the great deal they had purchased on the internet was all a lie, and that they had been bamboozled.