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1.
v. Claiming you are "laughing out loud" in response to what someone has typed, when in reality no such action has occurred.

LOLfraud is most commonly used in chat and/or texting situations, and when creating an online dating profile.
Bruce committed 9 counts of LOLfraud during an online dating email exchange, which resulted in no further responses from CatLvr88
by otterpants June 09, 2011