0 someone who makes money from a dishonest or illegal business activity:
1 a person who makes money through dishonest or illegal activities
2 someone who makes money from organized illegal activities:
He achieved worldwide notoriety as a racketeer during the prohibition era in Chicago.
Health insurers stand accused of being racketeers who conspire to cheat doctors.
The war opened many new avenues to gangsters and racketeers.
The agency was criticised for allowing bank robbers and racketeers to sell loans in Florida.