The crime of __________ is the practice of lending money at excessive rates and of using threats or extortion to enforce repayment.

Question

Quizplus · Accepted Answer

The practice described in the statement is commonly known as "loan sharking." This involves lending money at extremely high-interest rates and often using violent or threatening tactics to ensure repayment. Extortion and shakedown may also be associated with loan sharking, but these terms alone do not fully capture the nature of the crime. Racketeering encompasses a broader range of criminal activity, including extortion, but it is not specific to the lending and collection of money.

The Crime of __________ Is the Practice of Lending Money