The most common and most likely answer to this crossword clue is the 5 letter word GRIFT
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More clues leading to the result GRIFT
Buddy explains!

The straight part
We know that "swindle" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case swindle = grift.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does GRIFT mean?
GRIFT noun- A confidence game or swindle.
- To obtain illegally, as by con game.
- To obtain money illegally.
- To obtain money immorally or through deceitful means.