The phrase "potential fraudster" refers to someone who may have the ability or likelihood to commit fraud, which means they might try to deceive or cheat others for personal gain. Full definition
In the euphoria associated with a bubble, regulators and private gatekeepers tend to let their guard down, potential fraudsters see an explosion of opportunities, and investors become both more greedy and trusting. (professorbainbridge.com)
«One of the SEC's most important tasks is to arm our investors with the tools necessary to identify potential fraudsters. (wealthmanagement.com)
But Sir John remained concerned about value - for - money, however, adding: «Although some of the department's initiatives lead to earlier interception of overpayments and may deter potential fraudsters, I believe the department could do more to determine whether its activities are cost - effective.» (politics.co.uk)