What Does 'Racketeering' Mean?


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Aun Jafery answered
Racketeering can be referred to as engaging or involving oneself in some racket. A racket is a way of money making or a line of business which id dubious or illegal. There was an element of organised crime being involved in racketeering. For instance a group of thugs extracting protection money or in other words carrying out extortion activities are termed as racketeering.

In the United States legislation has also been enacted to protect the people from these activities of extortion. The mob or organised crime has been pretty strong in the United States. Organised crime in the United States came into existence through the Mafia. Various mafia families controlled different neighbourhoods and communities. Besides their other activities including prostitution, bootlegging, contraband, etc they also relied on racketeering to supplement their income.

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