kubus, noun

Origin:
KhoikhoiShow more Khoikhoi plant name.
a. In historical contexts. A fungus cultured in milk, claimed by its promoters to possess anti-ageing properties, and sold to investors during the mid-1980s as part of a fraudulent money-making scheme. b. Used allusively of any such scheme. Also attributive, and combination. kubus-type adjective.
1984 Cape Times 13 July 2The secret use of the kubus plant has been unveiled — it is to be exported to the United States where it will be made into a range of cosmetics to be known as Cleopatra’s Secret.
1984 Grocott’s Mail 21 Sept. 1Kubus..Kubus..Kubus. Agency opening in Grahamstown...Activators, envelopes, cheese/milk powder mix available.
1987 S. Barber in E. Prov. Herald 7 May 5A Kansas City Court sentenced the South African kubus king..for his role in a nationwide ‘ponzi’ scheme that milked American investors of up to R200-million.
1989 E. Prov. Herald 17 Feb. 9Too many people in South Africa had a ‘Kubus mentality’ in that they believed that they could use their hard-earned savings to make the proverbial ‘quick buck,’ rather than investing them sensibly and soundly.
1991 M. Stansfield in Sunday Times 17 Feb. 7Evidence given to the commission showed that Mr V— operated a ‘Kubus-type scam’.
A fungus cultured in milk, claimed by its promoters to possess anti-ageing properties, and sold to investors during the mid-1980s as part of a fraudulent money-making scheme.
Used allusively of any such scheme. Also attributive, and combination. kubus-type adjective.
Derivatives:
Hence kubusy  adjective  nonce, suspect, doubtful.
1987 E. Moolman in You 22 Oct. 8The so-called ‘grocery clubs’ are starting to smell just a little..well..‘kubusy’, shall we say. And anyone who lost his boots in the kubus ripoff will certainly recognise the smell.
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19841991

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