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- Dictionaryracketeer/ˌrakɪˈtɪə/
noun
- 1. a person who engages in dishonest and fraudulent business dealings.
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noun
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A coercive, fraudulent, extortionary, or otherwise illegal coordinated scheme
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 a profit. Wikipedia