Quick Definition

Racketeering refers to the act of engaging in criminal activity as a structured group, often to earn illegal income or extort money through coercion, fraud, or theft.

Examples

• 1A group systematically extorting money from local businesses under the threat of violence.
• 2Organized crime rings running illegal gambling operations.
• 3Fraudulent schemes orchestrated by a group to manipulate stock prices or commit insurance fraud.

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