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No. Jail the scammers, and tax the wealth. What do you think the scammers want to do with the money they fleece? Good? Hell no, they want to be the next rich guy refusing to reinvest in the society they benefit from existing in.
Law matters, if you let scammers scam those you deem justifiable you open the door to them scamming everyone else, including those you would judge unworthy of victimization. In the same respect you must punish financial crime when it occurs or you get… well… this. This is why people talk about justice being blind and not picking favorites, and why it’s an affront to moral law that we punish petty crime more severely than mass social violence committed by super rich corporations for profit. At least in today’s America, as long as you are making a healthy buck in it, it’s not a crime.