Racket Squad in Action #3

The issue features two main stories exposing criminal rackets. "The Blackmail Racket" follows the Racket Squad as they investigate a scheme in which criminals extort money from victims by threatening to reveal compromising information, using a woman as bait to frame targets. A second story involves Inspector O'Malley and Mary Quigley of the Racket Squad attending a stage show where they encounter Professor Lorenzo, a con artist claiming to materialize genuine spirits, who attempts to swindle wealthy patrons through his phony supernatural act.