Protection Racket


Also found in: Dictionary, Legal, Wikipedia.

Protection Racket

The practice in which businesses and/or individuals in an area periodically pay money to an organized crime syndicate in return for freedom from harassment. In other words, when the money is paid, the syndicate will protect businesses from acts of violence from other groups (or from the syndicate itself).
References in periodicals archive ?
Asked to comment on the mayor's insinuations about gangs in Limassol and Larnaca linked to protection rackets in night clubs and whether they would be mentioned in his statement, Angelides said the statement would address the question of Paphos antiquities, but if what he had said in public was also testified, it would be examined.
15) Beginning in the late 1980s, the protection racket in Mexico weakened and eventually broke down because (1) political competition increased, severely hampering the PRI's capacity to control the enforcement and non-enforcement of the law, (2) ongoing reforms intended to reduce corruption within the Attorney General's Office (PGR) transformed the geography of enforcement, altering the ratio of protectors to organizations, and significantly shortening the time horizons of public officials, and (3) an influx of Colombian cocaine traffickers coupled with changes inside Mexican criminal organizations made the task of coordination among protectors and organizations more difficult.
Charles Tilly, who alleges that the state is a protection racket, writes one of the most provocative essays in the collection.
What's happening is not like the classic protection racket, where you pay and don't get beaten up.
There's a difference between "protection" and a protection racket.
Through such primary research as recently declassified Department of State documents and numerous interviews with participants and close observers in El Salvador, Stanley provides considerable insight into the dynamics of the protection racket during both El Salvador's descent into revolution during 1979 and 1980 and its later emergence into peace and democratization in 1992.
Manila Mayor Joseph Estrada on Wednesday ordered an investigation into reports that 'unscrupulous' individuals were using his name to run a protection racket and collecting fees from vegetable dealers and vendors in the Divisoria market.
A PROTECTION racket boss tried to extort PS10,000 from a hairdresser after hiring hooded thugs to beat him up at his salon and at a Birmingham karaoke bar.
CYBER criminals are taking over the computer systems of Birmingham businesses, making them pay every month for access in an online protection racket.
Yesterday we revealed how banks and credit card companies fleeced people in a loan protection racket.
Pinkie (Riley) is a violent teenager, a junior member of a gang running a protection racket in Brighton.
They included Irish St Leger winner Protection Racket, Dewhurst victor Huntingdale, Doncaster Cup hero Crash Course, 2,000 Guineas third Muscatite, Be Tuneful and Star Pastures.
Full browser ?