Entity: SCAM
A scam is a fraudulent or deceptive act designed to trick individuals or groups into giving up their money or personal information under false pretenses.
SCAM
Etymology
The term 'scam' originated as a slang word, possibly derived from the word 'scamp' meaning a rascal or rogue.
Definition
A scam is a dishonest scheme or plan for making money through deceit or manipulation. It involves tricking individuals or groups into giving up their money or personal information under false pretenses.
Historical Context
Scams have been prevalent throughout history, with various forms evolving to adapt to modern technologies and communication methods.
Cultural Significance
Scams have a significant impact on individuals, businesses, and society as a whole, leading to financial losses, mistrust, and legal consequences.
Related Concepts
- Fraud
- Deception
- Swindling
See Also
- Confidence trick
- Ponzi scheme
- Phishing
A dishonest scheme or plan for making money through deceit or manipulation.