It has two meanings:
1. a group of people in a crowd - "I was mobbed by shoppers at the sale today!" or "There was a mob (or you can say mob of people) downtown picketing in front of the business."
2. Organized crime - little gangs are penny ante as compared to mobs. Here's the definition:
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a: An organized gang of criminals; a crime syndicate.
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Quote:
b: often Mob Organized crime. Often used with the: a murder suspect with links to the Mob.
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I often think of the Mafia when I think of "mob" because the Mafia can also be referred to as "The Mob.