We had one played on us years ago for April fools day. We were travelling and had some friends over in our hotel room the night before our flight. We woke up and went to the airport, only to realize we had missed our flight. They had set both our alarm clocks back a couple hours. "Good one" I guess.
My favorite one is on the golf course, especially if it is a busy tournament. If you are golfing with others in carts, set their cart in neutral, turn the key to off, and find the battery disconnect switch under the seat. It will take them about 2 minutes to figure out the problem, playing with switches, exiting the cart, etc, while everyone is staring at them.
Also on the golf course, if you find the right situation with the right blind shot, you can run over, retrieve the ball and place it in the hole with no one noticing. Let the golfer discover their ball in the hole eventually and don't tell him you put it there until after, perhaps weeks or months later.
Had a friend one time who was a "whiskey guy". He would always buy expensive bottles and go on and on about how great they were. One day we were drinking BYOB and he left the room for a minute. We had taken an empty bottle of the same brand and filled it with the cheapest stuff we could find. We switched out the bottles and he kept on drinking it through the night, going on and on about it when we inquired. He was pissed when we told him.