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Racketeering is a broad term used to describe the act or threat of a crime, and is often associated with organized crime or gang activity.
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The term is defined by Cornell Law School's Legal Information Institute as "any act or threat involving murder, kidnapping, gambling, arson, robbery, bribery, extortion, dealing in obscene matter, or dealing in a controlled substance or listed chemical."
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It also describes any act that is indictable under the Racketeer Influenced and Corrupt Organizations, or "RICO," statute. The FBI outlines the kinds of state and federal crimes included under RICO on its website.