racketeering

noun

rack·​e·​teer·​ing

ˌra-kə-ˈtir-iŋ

1

: the extortion of money or advantage by threat or force

2

: a pattern of illegal activity (as extortion and murder) that is carried out in furtherance of an enterprise (as a criminal syndicate) which is owned or controlled by those engaged in such activity see also Racketeer Influenced and Corrupt Organizations Act compare organized crime