Bilk is typically applied in contexts relating to fraud and deceit. It can mean “to cheat out of something valuable,” or “to evade payment of or to,” or “to obtain something by defrauding someone.”
Prosecutors contend that the defendant bilked hundreds of investors out of their life savings.
Some vendors accuse the company of bilking its creditors.
The organization’s treasurer had bilked thousands of dollars from the nonprofit over the course of one year.