Top Definition
ANY person who is a member of the Impala SS community, and takes other members money, and/or goods in exchange for nothing. The Karl, when confronted, may only have the excuses such as "what money" and then may also reply with "I sent that shit out last week fool" all the while blowing smoke up everyones asses, and keeping everyones money.

Not to be confused with the VERY similar, yet slightly different "Frederico-ing"
Hey, sorry to hear you got Karl MaloWned.
That Karl got my money again!
Lets make a thread, and let everyone know how bad we got MaloWned.

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