Cryptic crossword clue
Led astray with fraud?  That’s terrible

The most common and most likely answer to this crossword clue is the 8 letter word DREADFUL

I've seen this crossword clue in Independent
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Buddy explains!

The straight part
We know that "terrible" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case terrible = dreadful.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does DREADFUL mean?

DREADFUL noun
  1. A shocker: a report of a crime written in a provokingly lurid style.
  2. A journal or broadsheet printing such reports.
  3. A shocking or sensational crime.
DREADFUL adjective
  1. Full of something causing dread, whether
  2. Full of dread, whether
DREADFUL adverb
  1. Dreadfully.

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