Top Definition
The term originated in Pakistan after a man named Sibtul Shah tricked 18 commoners into investing their hard earned money into a 'scheme'. Sibtul Shah accumulated Rupees (PKR) 70 billion or (almost USD 1 billion) over a period of 18 months. He was later arrested.

A Double Shah is one who lures you to invest money in a ponzi \ pyramid scheme with an unflinching promise of unusually high return on investment.

A Double Shah takes your money on the pretext of doubling or in some cases tripling your money before handing it down to you. A Double Shah promises abnormally high returns and may produce people from your neighborhood, acquaintances, workplace to enamor you into thinking that investment in the 'scheme' is a viable option.
Shah: You should consider buying these utility bonds from me at a discounted price today and after five months there value will quadruple! You may sell it afterward.

Raj: Nay, you sound more like a double shah. I won't make the same mistake twice.
by Jamal101_pk September 06, 2012

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from We'll never spam you.