Definition, Meaning & Synonyms
racketeering
Noun
/ˌræk.ɪˈtɪr.ɪŋ/
Definition
The act of engaging in organized crime, typically involving illegal business activities or schemes.
Examples
- The authorities arrested several individuals for racketeering charges.
- The investigation uncovered a large racketeering operation involving loan sharking.
- She was implicated in racketeering due to her involvement in money laundering.
Meaning
Racketeering refers to the practice of conducting illegal operations or schemes for profit, often associated with organized crime groups.
Synonyms
- Extortion
- Fraud
- Illegal operation
- Organized crime
