scam

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What's the scam?

 and What's the deal?
Sl. What is going on around here? (Often implies that something seems to be wrong.) There's a big rumpus down the hall. What's the scam? I gave you a twenty, and you give me five back? What's the deal? Where's my other five?

scam

(skæm)
1. n. a swindle; a hustle. I lost a fortune in that railroad scam.
2. tv. to swindle someone; to deceive someone. They were scammed by a sweet-talking southern lady who took all their money.
3. in. to seek out and pick up young women, said of males. (Collegiate.) Bob was out scamming last night and ran into Clare.
4. in. to copulate. All you ever want to do is scam.
5. in. to fool around and waste time. Quit scamming and get busy.

What’s the scam?

and What’s the deal?
interrog. What is going on around here?; Explain what is happening or what you are doing. What’s the scam? What’s happening, dude? I gave you a twenty, and you give me five back? What’s the deal? Where’s my other five?
References in periodicals archive ?
It also revealed 39% of respondents who had been scammed in the last 12 months did not bother to report it to the authorities.
We reported on a pensioner who lost pounds 40,000 to various lottery scams, and we are aware of another resident who has lost nearly pounds 30,000 on a fraud believing they had won something on the Spanish lottery before realising they had been scammed.
A 75-year-old Santa Clarita woman who regularly played the Australian lottery was scammed out of more than $20,000 in six days last month when a caller informed her she had finally picked the winning numbers - to the tune of $250,000.
Generally, several factors go into a successful con: (1) you're roped in by someone you know or a resource you trust, (2) there is a sense of urgency, so you have little time to investigate the opportunity, (3) the opportunity is so new or innovative that there is no information on it to be researched, (4) it sounds exciting, (5) the investment is a cash cow that is only available to a select few (so you're made to feel special as a participant), and (6) once scammed, you're too embarrassed to tell others or report it to the authorities.
A survey by Age Concern has found that 83%of people in Yorkshire and Humberside think there is a greater risk of older people being scammed, with 71% worried that relatives or friends could become victims.
Many people feel they could never be scammed, yet millions of people become victims.
No one knows exactly how many fraudulent telemarketing operations exist in Los Angeles, but recent raids have turned up thousands of victims scammed by Valley operations, officials said.
A New Hampshire senior from the lakes region who was scammed of more than $85,000