Uncommon
Protection racket
Systematic extortion disguised as a security agreement
Protection racket
A protection racket is a racketeering scheme, usually perpetrated by a criminal organization, that coerces payments on a regular basis from an individual, group, or business in exchange for agreeing to not harm them (or for purportedly "protecting" them). The threat of harm may be indirectly communicated or implied, and it may include violence, robbery, ransacking, arson, vandalism, etc. The payments are called "protection money" or a "protection fee". An organized crime group determines an affordable fee by negotiating with each of its payers to help ensure a consistent and punctual payment. Protection rackets can vary in terms of their levels of sophistication or organization. A protection racket is a form of extortion in which the racketeer manufactures the threat from which protection is then sold. The perpetrators of a protection racket may protect vulnerable targets from other dangerous individuals and groups or may simply offer to refrain from themselves carrying out attacks on...
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