beat bag
n.— «In 2000 he pleaded no contest in Superior Court to a charge of creating and selling a counterfeit substance, which in street parlance is a “beat bag.” The idea of a beat bag is to sell someone an innocuous substance by claiming it is an illicit drug, thereby beating the buyer out of his money.» —“Nightclub owner will not reopen Pulse” by Gregory Smith Providence Journal (Rhode Island) Jan. 9, 2007. (source: Double-Tongued Dictionary)