Usually means: Individuals engaging in fraudulent business schemes.
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We found 11 dictionaries that define the word racketeers:

General (9 matching dictionaries)
  1. racketeers: Merriam-Webster
  2. racketeers: Collins English Dictionary
  3. racketeers: Vocabulary.com
  4. Racketeers, racketeers: Wordnik
  5. racketeers: Cambridge Advanced Learner's Dictionary
  6. racketeers: Wiktionary
  7. racketeers: Dictionary.com
  8. racketeers: Cambridge Essential American English Dictionary
  9. racketeers: TheFreeDictionary.com

Business (2 matching dictionaries)
  1. racketeers: Merriam-Webster Legal Dictionary
  2. racketeers: Legal dictionary

(Note: See racketeer as well.)

Definitions from Wiktionary (racketeer)

noun:  One who commits crimes (especially fraud, bribery, loansharking, extortion etc.) to aid in running a shady or illegal business.
noun:  One who instigates or has involvement with a racket.
verb:  to carry out illegal business activities or criminal schemes.
verb:  to commit crimes systematically as part of a criminal organization.
▸ Also see racketeer


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