Fraudulent schemes, also known as SCAMS, are illegal activities that involve deception in order to gain money or other benefits. These schemes can take many forms, such as phishing emails, pyramid schemes, and fake investment opportunities. They often target vulnerable people, such as the elderly or those with limited financial resources. SCAMS can cause significant financial losses and emotional distress for victims. It is important to be aware of the signs of a scam and to report any suspicious activity.