Somebody, anybody, can you explain 'cat fishing' to me like I'm a 10 yr old?

Please? it seems so meaningless, and trite, and pointless...why would someone commit to it and what are the damages done by being catfished? Thank you.

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Guardian · 56-60, M

It can cost the victim lots of money & time and lost identity. It is fraud and theft

LordShadowfire · M

@Guardian I hadn't thought about that aspect. Yes, fishing for gifts and such.