Racketeering is a type 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 is an example of racketeering?

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

What is the legal definition of racketeering?

“racketeering activity” means (A) any act or threat involving murder, kidnapping, gambling, arson, robbery, bribery, extortion, dealing in obscene matter, or dealing in a controlled substance or listed chemical (as defined in section 102 of the Controlled Substances Act), which is chargeable under State law and ...