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scam

 
pronunciation:
skaem
parts of speech:
noun, transitive verb
part of speech: noun
definition: a dishonest, often elaborate, business scheme that uses deception to obtain money, often employing the telephone or Internet to reach a large number of people.
When someone called from some official-sounding agency saying I owed them money, I immediately suspected it was a scam.
 
part of speech: transitive verb
inflections: scams, scamming, scammed
definition: to swindle or defraud, often on a large scale.
The fraudulent company scammed many consumers before it was forced to close down.
derivation: scammer (v.)