the.com/racketeer

means Someone who runs an illegal, often extortion-based scheme — especially one dressed up to look like legitimate business.

from Built from 'racket,' which by the early 1900s had slid from meaning 'loud noise or commotion' to meaning 'a dishonest scheme,' possibly because the criminal underworld used literal noisy disturbances as cover or distraction for scams, or simply because a shady operation felt like chaotic 'racket' compared to honest, orderly work. Add the agent suffix '-eer' (as in 'profiteer' or 'auctioneer') and you get the person running the operation — a word that boomed in Prohibition-era America, when gangsters discovered that 'protection' and crime could be run with the paperwork of a business.