racketeering

noun | \ ˌra-kə-ˈtir-iŋ \ | rack·e·teer·ing

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