Blockbusting is a racially discriminatory and illegal practice wherein a party coerces a homeowner to sell their property to someone of a minority race or ethnic background, and then uses scare tactics to cause other homeowners in the neighborhood to sell at depressed prices.
Churning refers to the practice of excessive trading in a stock investment account primarily to generate excessive brokerage commissions, regardless of the client’s investment objectives.
Redlining is an illegal practice of refusing to originate mortgage loans in certain neighborhoods on the basis of race or ethnic composition. The term derives from the alleged practice of drawing a red line on a map around certain neighborhoods to designate them as off limits for loan approvals.
Restraint of trade encompasses illegal practices that interfere with free competition in commercial transactions, which may restrict production, influence prices, or control the market to the detriment of consumers.
Steering is an illegal practice in real estate where real estate agents or brokers guide prospective home buyers or renters towards or away from certain neighborhoods based on their race or ethnicity.
Tax evasion is the illegal act of deliberately misrepresenting or not reporting income to reduce tax liabilities. This practice involves concealing income, inflating deductions, or using deceptive methods to evade tax obligations.
