rack‧e‧teer‧ing /ˌrækəˈtɪərɪŋ, ˌrækɪˈtɪərɪŋ $ -ˈtɪr-/
noun [uncountable] when someone earns money through crime and illegal activities:
people involved in smuggling and racketeering He has been arrested on racketeering charges. [TahlilGaran] Dictionary of Contemporary English ▲