Racketeering can be referred to as the process of engaging or involving oneself in some form of business which is dubious or illegal. It is a form of organised crime which involves a group of thugs extracting protection money or in other words carrying out extortion activities from other people, using threats to harm them if they fail to do so.
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what does racketeering mean
the practice of conducting or engaging in a racket, as extortion or bootlegging.
A protection racket is a scheme whereby a criminal group provides protection to businesses through violence outside the sanction of the law. Through the credible threat of violence, the racketeers deter...