Is "Frauded" a word?

It’s not desirable but isn’t this view subjective?

For example I’ve never heard of/seen either “defrauded” or “frauded” before, I was able to intuit what frauded meant when I saw it in app, but I had to look up the definition of defrauded when I saw it on this forum for the first time. Therefore monzo’s current approach was the less confusing option in my experience.