Any sort of mp3 player that isn't an ipod, but tries really hard to look like one to the point of being fraudulent. A poser mp3 player. A cheap imitation of any reputable brand. Fraud-pod is to ipod, as Jokely is to Oakley.
Ken-Jone: Hey, check out my new mp3 player! Isn't it swell?!
Aspen: Man, that's just a lame fraud-pod. You probably stole that from a bum on the street.
Ken-Jone: They're called "street people," okay.