yes

racketeering

Under the RICO act, a "pattern of racketeering activity" requires at least two acts of racketeering activity, one of which occurred after the effective date of this chapter and the last of which occurred within ten years (excluding any period of imprisonment) after the commission of a prior act of racketeering activity

Racketeering refers to the criminal activity performed to benefit a given organization like a crime syndicate. An example includes extortion.

The punishment for racketeering typically includes a number of hefty fines. Another penalty, depending on the severity of the crime is jail time.