Short for faux ho-bo it is the style where it takes 5 hours and 400 dollars worth of clothes and accessories to look like you're poor and just rolled out of bed.
She washed, blow dried and straightened her hair only to throw it up in a messy ponytail, so faux-bo.
Someone who has the appearance of a hobo, but on closer inspection exhibits something that disproves the theory. i.e., expensive clothes, cleanliness, manicure...
1:OMG look at the guy on the corner! Let's give him some money!!
2:Look at his jacket, it's totally Armani! That guy is a faux-bo.
a faux bo is a hobo (homeless person) who doesnt look like a hobo.
faux bo's might have certain possesions that make you wonder if they are actually hobos.
that hobo has an iPod! That has got to be a fauxbo.