Word 1: Scam (SKAM)
Meaning 1: A dishonest way to make money by deceiving people.
Example Sentence: As the two teenagers had no job, they started a door to door sales scam to collect money from innocent people.

Meaning 2: A fraudulent business scheme; a swindle.
Example Sentence: Many insurance schemes cheat a lot of people.

Word 2: Scram (SKRAM)
Meaning 1: Leave or go away from a place quickly.
Example Sentence: The coach told the students to scram before it started to rain.

Meaning 2: often used as a command to tell a person or animal to leave
Example Sentence: The little girl told the dog to scram after he had been fed.

Example Sentence using both words:
Once they had completed their scam, the scammers scrammed from the place before the police came.