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A racket, being some sort of scheme organized to extract illegal profits. "Pattern of racketeering activity" requires at least two acts of racketeering activity committed within ten years of each other.To violate RICO, a person must engage in a pattern of racketeering activity connected to an enterprise. Racketeering is any illegal activity that's done repeatedly to make a profit, often through threat or use of violence. It allows prosecution and civil penalties for racketeering activity performed as part of an ongoing criminal enterprise. Traditionally, obtaining or extorting money illegally or carrying on illegal business activities, usually byorganized crime. Received income derived directly or indirectly from a pattern of racketeering activity. Enterprise through a pattern of racketeering activity. Racketeering is a difficult-to-define word that is often used in the context of organized crime. A pattern of racketeering is also broadly defined as requiring at least two acts of racketeering activity committed within ten years of each other.