racketeering

noun
rack·e·teer·ing | \ˌra-kə-ˈtir-iŋ\

Legal Definition of racketeering 

1 : the extortion of money or advantage by threat or force

2 : a pattern of illegal activity (as extortion and murder) that is carried out in furtherance of an enterprise (as a criminal syndicate) which is owned or controlled by those engaged in such activity — see also Racketeer Influenced and Corrupt Organizations Act — compare organized crime

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