Fraudulent scheme is a term used to describe a dishonest or illegal plan intended to deceive people in order to gain money or other benefits. The two crossword solutions for this term are SCAM and RACKET. A SCAM is a fraudulent scheme that typically involves the use of deception to obtain money or goods from an unsuspecting victim. A RACKET is a fraudulent scheme that is usually organized and run by a group of people who use threats, intimidation, or violence to achieve their goals.