Showing results for "The Racketeer" in Politics & Government
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RICO - Racketeer Influenced & Corrupt
- Written by: Inception Point Ai
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RICO stands for the Racketeer Influenced and Corrupt Organizations Act. It's a federal law in the United States designed to combat organized crime by allowing the prosecution and civil penalties for racketeering activity performed as part of an ongoing criminal enterprise.Detailed Definition:RICO focuses on patterns of illegal activity carried out by organized groups. Under RICO, a person who has committed "at least two acts of racketeering activity" from a list of 35 crimes—27 federal crimes and 8 state crimes—within a 10-year period can be charged with racketeering. If convicted, the ...
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