1) Engaging in a racket 2) Felony 
n. the federal crime of conspiring to organize to commit crimes, particularly as a regular business ("organized crime" or "the Mafia").
(n) Racketeering is defined as the process of forming or running an organization to operate or commit or otherwise execute ongoing criminal activities. For example the drug mafia planning and executing drug traffic in an organized manner. Such crimes are generally illegitimate business
Certain illegal activities, such as bribery, money laundering, prostitution, or extortion, committed as part of an ongoing criminal enterprise.
[n] - engaging in a racket
noun engaging in a racket