What Is Racketeering Mean?

Racketeering is a genre of organized crime in which the perpetrators set up a coercive, fraudulent, extortionary, or otherwise illegal coordinated scheme or operation to repeatedly or consistently collect money or other profit.

What are examples of racketeering?

Racketeering can take many forms. Murder, money laundering, financial and economic crimes, kidnapping, sexual exploitation of children, bribery, robbery, cyber extortion, and drug crimes are examples of racketeering.

Is racketeering a felony?

There are more than twenty crimes which can support a racketeering charge, and most of those crimes are felonies by themselves. Committing the crimes is not enough to convict a person of racketeering.