Meaning of the word racketeer in English

What does racketeer mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

racketeer

US /ˌræk.əˈtɪr/
UK /ˌræk.əˈtɪr/

Noun

1.

someone who makes money from a dishonest or illegal business activity:

Example:
He is a convicted racketeer who was released from prison in June.
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