1) a mythological or folkloric being who subsist by feeding on the life essence and the enjoyment of controling others. Although typically described as undead or albino like a phrea could be a living person who avoids light at all costs.
2) to be a lier or story teller. Usually one who lies in order to save themselves embarrassment or penalty.
1) I feel tired after listening to that phrea all day. He could drain the energy from a power station with one of his computer stories.
2)I was chatting to R.J. about the time he blew up his computer, He turned out to be a real phrea.