racketeering

[rak-i-teer-ing]
noun
the practice of conducting or engaging in a racket, as extortion or bootlegging.

Origin:
1925–30, Americanism; racketeer + -ing1

antiracketeering, adjective
Dictionary.com Unabridged

racketeer

[rak-i-teer]
noun
1.
a person engaged in a racket.
verb (used without object)
2.
to engage in a racket.

Origin:
1925–30, Americanism; racket1 + -eer

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To racketeering
Collins
World English Dictionary
racketeer (ˌrækɪˈtɪə)
 
n
1.  a person engaged in illegal enterprises for profit
 
vb
2.  (intr) to operate a racket
 
racke'teering
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
The measures had a significant effect, but haven't completely eliminated racketeering from building projects.
To pay for this he has raised taxes on businesses, which are already suffocating from corruption and racketeering.
All include drugs, racketeering and other dark crimes in their definition.
His predecessor is currently serving time for racketeering.
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