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Investments glossary

Racketeering

Racketeering refers to crimes committed at a state or federal level. Racketeering may refer to the act of acquiring a business operation through illegal activity, operating a business with illegally-derived income, or using a business operation to commit illegal acts. Federal crimes of racketeering include bribery, various fraud offenses, gambling offenses, money laundering, a number of financial and economic crimes, obstructing justice or a criminal investigation, murder for hire, and sexual exploitation of children.

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