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Craigslist Scam - Craigslist Fraud Unless you've been living in a cave for the last couple of years, you're probably familiar with Craigslist.org. It's the website that has revolutionized placing classified ads, finding jobs, houses, dates, anything you could possibly want you can generally find on Craigslist. Handkerchief Switch Handkerchief switch or Jamaican switch is a scam which was first seen on the southern coast of the United States over one hundred years ago. Short And Distort - Naked Short Shorting is a word in traders jargon and means basically selling a stock, currency, paper or any other similar financial item that can be traded. Short and distort is as illegal as the pump and dump.