rip-off
noun [ C ]
COMMERCE informal uk/ˈrɪpɒf/ ussomething that costs more than it is worth:
Loan protection is the biggest rip-off in banking today.
rip-off prices
a cheap or bad copy of something:
He's fed up with the endless high-street rip-offs of his collections.
All along the road there were market stalls selling rip-off Versace, Gucci and Lacoste.