racketeering
/ˌrækɪˈtɪrɪŋ/
noun
- The activity of running a dishonest business or scheme to make money, often involving threats, violence, or illegal deals.
- He was sentenced to ten years in prison for racketeering and money laundering.
- The company was accused of racketeering for bribing government officials.
- Federal laws are designed to stop racketeering and organized crime.