BROWSE

Racketeering

Definition

A racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to earn illegal or extorted money regularly or briefly but repeatedly. A racket is often a repeated or continuous criminal operation.

What is 'Racketeering'

Racketeering, often associated with organized crime, is the act of offering of a dishonest service (a "racket") to solve a problem that wouldn't otherwise exist without the enterprise offering the service. Racketeering as defined by the RICO act includes a list of 35 crimes. If convicted of racketeering, a person could serve up to 20 years and be fined up to $25,000.

Explaining 'Racketeering'


Further Reading


Information, Institutions, and Extortion in Japan and the United States: Making Sense of Sokaiya Racketeers
heinonline.org [PDF]
… 8 THE RECONSTRUCTION OF LEBANON OR THE RACKETEERING RULE … The return of peace was, paradoxically, an economic disaster for many people, given the character … services, etc.), and the upper class, attached to the global sector (international finance, import/export …

Organized crime, transit crime, and racketeeringOrganized crime, transit crime, and racketeering
www.journals.uchicago.edu [PDF]
… 8 THE RECONSTRUCTION OF LEBANON OR THE RACKETEERING RULE … The return of peace was, paradoxically, an economic disaster for many people, given the character … services, etc.), and the upper class, attached to the global sector (international finance, import/export …

Glasgow's 'Reign of Terror': street gangs, racketeering and intimidation in the 1920s and 1930sGlasgow's 'Reign of Terror': street gangs, racketeering and intimidation in the 1920s and 1930s
www.tandfonline.com [PDF]
… 8 THE RECONSTRUCTION OF LEBANON OR THE RACKETEERING RULE … The return of peace was, paradoxically, an economic disaster for many people, given the character … services, etc.), and the upper class, attached to the global sector (international finance, import/export …

United, yet divided: analysing the cohesion of Addiopizzo's anti-racketeering campaign in PalermoUnited, yet divided: analysing the cohesion of Addiopizzo's anti-racketeering campaign in Palermo
www.tandfonline.com [PDF]
… 8 THE RECONSTRUCTION OF LEBANON OR THE RACKETEERING RULE … The return of peace was, paradoxically, an economic disaster for many people, given the character … services, etc.), and the upper class, attached to the global sector (international finance, import/export …

The scale of the global financial structure facilitating money launderingThe scale of the global financial structure facilitating money laundering
www.elgaronline.com [PDF]
… 8 THE RECONSTRUCTION OF LEBANON OR THE RACKETEERING RULE … The return of peace was, paradoxically, an economic disaster for many people, given the character … services, etc.), and the upper class, attached to the global sector (international finance, import/export …



Q&A About Racketeering


What is one example of an act considered racketeering under RICO?

Extortion or blackmailing.

Who can be tried under the RICO Act?

The leaders of a syndicate can be tried for crimes they ordered others to do or assisted them in doing.

How many years must pass between each crime committed?

There are no limits on how much time passes between crimes, but the 10-year limit is reset with each crime committed.

How did organized crime infiltrate these groups at this time period (1970s)?

Organized crime infiltrated these groups by bribing union members to work slowly so that contractors would hire mob associates instead who worked faster but charged higher prices than union workers would charge if they were not being paid off by organized crime figures.

Why was it enacted by Congress?

It was enacted by Congress because organized crime had infiltrated labor unions and legitimate businesses like construction companies during this time period (1970s).

Who can be convicted of racketeering?

Anyone who has committed at least two acts of racketeering activity within 10 years can be convicted.

What is RICO?

RICO is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization.

What does the RICO Act allow?

The RICO Act allows prosecution of any person who has committed two or more specific racketeering activities within a 10-year period.

What is racketeering?

Racketeering is the act of offering a dishonest service to solve a problem that wouldn't otherwise exist without the enterprise offering the service.

Can you name some other laws similar to the RICO Act?

Yes; there are several laws similar to the RICO Act including Title 18 section 1961 which prohibits individuals from conducting an enterprise through patterned criminal activity and Title 18 section 1962 which prohibits individuals from participating in a conspiracy involving such conduct.

What are some examples of racketeering?

Examples include fraud, extortion, and bribery.

What are some examples of racketeering activity?

Some examples include murder, kidnapping, gambling, arson, robbery, bribery, extortion, dealing in obscene matter and drug trafficking.

How does racketeering differ from organized crime?

Organized crime involves activities that are illegal, but not necessarily immoral.