What is Racketeering?
'''Racketeering''' is a type of [[organized crime]] in which there is a [[fraud]]ulent or illegal scheme to repeatedly or consistently collect [[money]] or other [[profit]].<ref>{{cite web|title=What is Racketeering|publisher=CNN|url=https://www.cnn.com/2019/03/26/us/what-is-racketeering-trnd|access-date=May 8, 2021}}</ref> Racketeering might refer to an organized criminal act in which the criminals fraudulently offer services that will not be put into effect or services to problems that do not exist. In many other cases, though, the traditional racketeering may involve criminals offering an effectual service, like protection from other criminals. The terms ''racketeering'' and ''racketeer'' were first used back in 1927. The terms came from a statement of the influence of organized crime within the [[Teamsters]] union.<ref>{{cite web|url=http://www.usdoj.gov/usao/eousa/foia_reading_room/usam/title9/110mcrm.htm#9-110.010|title=Organized Crime and Racketeering|publisher=Usdoj.gov|access-date=May 8, 2021}}</ref> Examples of organized crime include, though are not limited to, [[Dog fighting]], [[illegal drug trade|drug trafficking]], [[credit card]] fraud, [[money laundering]] and [[bribery]]. ==References== {{reflist}} [[Category:Organized crime]] {{stub}}