racketeering

3 definitions • 4 examples

making money from a dishonest or illegal activity:

They have been accused of racketeering.

the act or practice of making money through dishonest or illegal activities:

He now faces 20 years in prison after pleading guilty to conspiracy and racketeering charges.

the practice of making money from organized illegal activities:

In June, the government indicted him on 16 counts of racketeering, bribery, fraud and obstruction of justice.

They took part in racketeering activity which included money laundering, wire fraud, and mail fraud.