cracker trap 

1. an event or item that catches the attention of caucasians, usually resulting in those said people being ripped off by shady sellers

2. To lure white people into paying for something not worth what they are spending

1. "Dude, the white lady at that flea market bought five pairs of Gucci knock-offs!"
"Yeah, that place is such a cracker trap."

2. "Man, these asians really know how to give a good deal on these tours of the lake."
"Man, that's their fish-pond. You got cracker-trapped!"

cracker trap by Raech December 28, 2007