This time we are looking on the crossword puzzle clue for: Rackets.
it’s A 7 letters crossword definition.
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Last seen on: –LA Times Crossword 18 Sep 21, Saturday
–NY Times Crossword 10 Jul 21, Saturday
–USA Today Crossword – Nov 27 2020
–NY Times Crossword 17 Oct 20, Saturday
–The Washington Post Crossword – Jul 17 2020
–NY Times Crossword 19 Jan 20, Sunday
NY Times Crossword 4 Nov 19, Monday
Random information on the term “Rackets”:
A racket, according to the current common and most general definition, is an organized criminal act in which the criminal act is some form of substantial business, or a way to earn illegal money either regularly, or briefly but repeatedly. A racket is therefore generally a repeated or continuous organized criminal operation. However, according to the more specific definition, racketeering constitutes extortion or criminal coercion. Originally and often still specifically, a “racket” referred to a criminal act in which the perpetrator or perpetrators fraudulently offer a service to solve a nonexistent problem, a service that will not be put into effect, or a service that would not exist without the racket. Conducting a racket is racketeering. Particularly, the potential problem may be caused by the same party that offers to solve it, but that fact may be concealed, with the specific intent to engender continual patronage for this party.
The most common example of a racket is the “protection racket”, which promises to protect the target business or person from dangerous individuals in the neighborhood and then either collects the money or causes damage to the business until the owner pays. The racket exists as both the problem and its solution, and it is used as a method of extortion.