term:

Racketeering

racketeering n

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 in the Important Laws section compare organized crime

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.