Ripoff (noun)

1. A dishonest or fraudulent imitation or copy of something.
2. A dishonest or fraudulent imitation or copy of something, especially one that is intended to deceive or cheat someone.
3. A situation in which someone is charged too much for something.

Origin:

Slang, 1960s.

Examples:

1. The knockoff purse was a cheap ripoff of the designer original.
2. The movie was a ripoff of several other films that came before it.
3. He felt like he had been ripped off when he found out the concert tickets he bought were fake.
4. The new phone model was a ripoff of Apple's latest release.
5. The store was known for its ripoff prices.