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A protection racket is a form of extortion whereby racketeers offer to "protect" property from damage in exchange for a fee, while also threatening (possibly in a veiled way), in part or in whole, to execute the kind of damage they claim to be offering protection against. A fencing racket is an operation specializing in the resale of stolen goods.
The Chicago Mafia. The Gambino family. The Lucchese family. These notorious groups dominated organized crime in Chicago and New York for decades –- until prosecutors brought them down with one ...
A protection racket is a type of racket and a scheme of organized crime perpetrated by a potentially hazardous organized crime group that generally guarantees protection outside the sanction of the law to another entity or individual from violence, robbery, ransacking, arson, vandalism, and other such threats, in exchange for payments at regular intervals.
Ideal Industries is an American company that produces connectors, hand tools, testers, and meters for the electrical and telecommunications industries. [2]The company manufactures many of its products in the United States. [3]
Sōkaiya (総会屋) (sometimes also translated as "corporate bouncers", "meeting-men", or "corporate blackmailers") are specialized racketeers unique to Japan, and often associated with the yakuza, who extort money from or blackmail companies by threatening to publicly humiliate companies and their management, usually in their annual meeting (総会, sōkai).
Major retailers earned a grade of F for failing to protect customers from hazardous chemicals and plastics in the products they sell, a new report says.
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