Shotgun Scam

Shotgun Fraud, or Shotgun Scam, is a method of fraud in which multiple loans, mortgages, fraudulent cheques, or other financial withdraws are made in a very short amount of time. The scam works by going fast enough that it is over before the transactions are entered into the public record where banks and other institutions can view them.

There are two main types of shotgunning, Cheque Shotgunning, and Home Equity Shotgunning.

In the former, the same cheque is cashed at multiple banks, or at multiple branches of the same bank via online methods (ie. mobile banking) before the cheque is officially posted.

In the latter, multiple home equity loans are taken out against the same property with multiple banks, with them all closing within a short window of each other. This works because the credit bureau tradeline will not appear for 30 days, so the other banks cannot see that money is already being borrowed against the property.

"He stole over $400,000 in cash from the bank in a month."
"How?"
"He was running a shotgun scam."

by Smudgly December 1, 2019

Shotgun Sunday

1) Shotgun sunday meaning a sunday so boring you would want to blow your brains out to end the bordom

2) A very boring sunday

3) Usually used when you have no plans and just sit at home doing nothig.

person 1: Hey, what did you do on sunday

person 2: Nothing, it was just a shotgun sunday

person 1: sorry to hear that

by drifto319 June 28, 2009

shotgun sex

Sexual position in which the practitioner partner inserts one single barrel or two double barrel fingers into the receiving members (male) anus, while stroking the penis. The combination of anal and genital manipulation is done in sync, resembling the chamber loading of a pump action shotgun.

Last week Amber smoked weed and gave drunk Daniel shotgun sex, before they went to bed.

by danscott January 24, 2015

shotgun shit

when gas builds up in your ass and you have to shit, when you go to take the shit, you sit down on the toilet seat and the gas that was built up in your ass shoots the shit all over the toilet.

OH FUCK, i couldn't make it to the toilet so i shotgun shited all over the back wall.

by d to the rizake September 24, 2006

shotgun shack

The perfect place to go into existential dread over your unbelievably monotonous and average life, all while having a good ol' bop to some 80s tunes.

You may find yourself living in a shotgun shack
And you may find yourself in another part of the world
And you may find yourself behind the wheel of a large automobile
You may find yourself in a beautiful house, with a beautiful wife
You may ask yourself, "Well, how did I get here?"

by CocoTheMii January 23, 2021

shotgun shorty

Shotgun Shorty sits passenger in the ride,
Stays close, stays ready, like the shotty on the side,
And as life unfolds around her, shorty eyes stay opened wide,
Cus Shorty know a Shotgun make a Superheros bride.

Shotgun Shorty, shes bulletproof, yeah she do it for me.

by A_Superheros_Mind April 12, 2010

Shotgun shack

1. A small house, structure, or dwelling which is defined as being so small, that if one were to point a shotgun at the door and fire, everybody within the dwelling would be hit or killed.

2. A temporary home or living quarters for a criminal or runaway.

1. Man, that family's house is so small, it might as well be a shotgun shack.

2. After robbing the bank, the robber headed back to his shotgun shack to count his ends and plan his next heist.

by Deus Ex Magna June 17, 2005