A dishonest scheme is a fraudulent plan or activity that is intended to deceive people for personal gain. The term can be broken down into three parts: SCAM (4 letters), RACKET (6 letters), and SKINGAME (8 letters). A SCAM is a fraudulent business scheme, often involving the promise of a large sum of money. A RACKET is an illegal business or scheme, usually involving bribery or extortion. A skingame is a fraudulent scheme in which the perpetrator takes advantage of the victim's ignorance or lack of knowledge. All three terms are used to describe a dishonest scheme.