A scam, or fraud, is a deceptive scheme designed to con individuals or groups out of their money or personal information. Scammers often use tricks or false promises to gain trust, leading victims to believe they are participating in a legitimate opportunity. Common types of scams include phishing, Ponzi schemes, and advance-fee fraud. Fraud can occur in various forms, including online scams, phone calls, or in-person interactions. Victims may be lured by offers that seem too good to be true, such as winning a lottery or receiving unexpected inheritance. Awareness and caution are essential to protect oneself from falling victim to these schemes.