racketeering
/rakəˈtɪərɪŋ
/noun [mass noun]
Dishonest and fraudulent business dealings: racketeering ensnared the economy [as modifier]: a local racketeering boss...
- Today he was named in a federal racketeering lawsuit.
- He was acquitted of eight charges involving cocaine racketeering.
- The paramilitary organisations on both sides have long since been political fronts for gangsterism and racketeering.