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The word "scam" is correct and can be used in written English.
You can use it to refer to a fraudulent or deceptive activity. For example: "She was the victim of a scam in which she lost all her life savings."
Dictionary
scam
verb
To defraud or embezzle.
synonyms
Exact(60)
But even a potentially useful idea like the creation of a carbon-permit market to fight global warming is already being dismissed as Wall Street's "next big scam".
The Financial Conduct Authority (FCA) prosecuted Hopeafter he ran a scam in which he claimed to be making large returns for investors from the profits of his foreign exchange trading.
"If they change the scheme to try and scam the government and scam taxpayers, well, that reflects on them as much as anything else".
The jury at Southwark crown court also heard Hayes attempted to recruit his stepbrother, then a junior employee at HSBC, into the alleged scam.
We'd be delighted to feed your thoughts, concerns and criticisms about how we share our cities into the discussion: is the burgeoning "sharing movement" a success, a scam, or both?
And even though existing laws might permit it, predatory loans from scam schools won't be discharged without a mass social movement that puts pressure on elites and scares them silly.
On Friday morning, Joe Hockey characterised employers who change their parental leave schemes to ensure workers maintain the same level of benefits as trying to "scam" the government and the taxpayer.
In this case the man's family found a pile of post three-feet high that included scam letters from Belgium, France, Ireland and Switzerland, along with stacks of items including 100 bars of soap, 153 tubes of shower gel and more than 50 false teeth holders and toothbrushes.
"If the second suggestion down is 'tim dowling scam artist', you're in trouble before they've even looked at page one".
Carnell said while she had not heard the treasurer's comments calling benefit rearrangements a "scam", "the reality was employers have an obligation to do the right thing by their employees".
While this is not technically a scam, the money involved can be considerable for those losing out.
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CEO of Professional Science Editing for Scientists @ prosciediting.com