Racketeering refers to the act of running an illegal business or scheme, often involving extortion, fraud, or other criminal activities. It typically includes organized crime groups that engage in various illegal enterprises to generate profit. The term is commonly associated with activities like money laundering, drug trafficking, and human trafficking. In the United States, racketeering is addressed under the Racketeer Influenced and Corrupt Organizations Act (RICO), which allows law enforcement to target individuals and organizations involved in ongoing criminal enterprises. This law aims to dismantle organized crime by imposing severe penalties on those found guilty of racketeering activities.