To be cheated out of something, especially money; the recipient of an act of cheapness.
1. Matt was fabianed out of money that he found on the ground as a small boy dove in front of him, as he was attempting to pick it up.
2. It wasn't until Greg took his seat in the baseball stadium, when he realized that he had been fabianed by the hot dog vendor across the street who had given him a musty old roll, and an outdated peice of meat.