What Is Racketeering?
1. Protection Racket
A protection racket is basically when assistance is offered in helping to protect people or property from harm from others. This is typically done in exchange for money. It was a common theme in 1950s gangster movies and, while it is not as prevalent as it used to be, it still occurs today. It may not sound so bad to begin with, even helpful, except that the people that are taking the money for protection are often those that will be doing harm if no payment is received. In such instances, those making the demands are often so powerful that most people are powerless to resist.
