racketeer
intransitive-verb
To obtain money illegally through threats or dishonest business dealings.
-
The gang tried to racketeer money from the shop owners.
-
They racketeer by threatening to damage shops if owners don't pay them.
To engage in dishonest and fraudulent practices, especially for financial gain.
-
The company was accused of racketeering and defrauding customers on a large scale.
-
The investigation revealed how the corrupt officials had been racketeering for years.