The term 'bleed' in a legal and financial context refers to the act of extracting an excessive amount of money or other valuable assets from a person, typically through threats or intimidation, making it a type of extortion.
An activity designed for the purpose of achieving gains, often involving extortion or the sale of illegal substances or services. Racketeering is an organized conspiracy to accomplish such activities.
Originally known as an organized conspiracy to commit extortion, racketeering today includes various punishable offenses legislated by Congress to eradicate organized crime, offering enhanced sanctions and new remedies for prosecuting illegal activities of those involved in organized crime.
Under-the-counter refers to illegal payments made for scarce merchandise or services, usually in excess of the stated price. These payments are a form of bribery and extortion.
