Cursed swindle set up (10)

I believe the answer is:

confounded

'cursed' is the definition.
(thesaurus)

'swindle set up' is the wordplay.
'swindle' becomes 'con' (con is a kind of swindle).
'set up' becomes 'founded' (I've seen this in other clues).
'con'+'founded'='CONFOUNDED'

(Other definitions for confounded that I've seen before include "Perplexed - damned" , "Brought to confusion" , "Really annoying (nuisance)" , "Confused; astonished" , "ending of Te Deum?" .)

I've seen this clue in The Telegraph.

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