Racketeer Influenced and Corrupt Organizations Act

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Racketeer Influenced and Corrupt Organizations Act

United States legislation passed in 1970 that increased criminal and civil penalties for participating in organized crime and also strengthened law enforcement tools in the investigation of illegal enterprises. Its provisions included the ability to indict individuals for witness intimidation or extortion, prosecution for acts of terrorism or murder for hire, and so forth. One can be prosecuted under RICO for offenses such as counterfeiting money, securities fraud, and bankruptcy fraud.
References in periodicals archive ?
To bust gang leaders, prosecutors employed RICO, the Racketeer Influenced and Corrupt Organizations Act laws more commonly used to prosecute organized crime suspects.
Moves to restrict the scope of Racketeer Influenced and Corrupt Organizations Act attacks and to cap tort awards also will help.
Healthcare (USHC) plan in Philadelphia filed two class action cases against USHC and all of its constituent plans, alleging violations of the federal Racketeer Influenced and Corrupt Organizations (RICO) Act.
PARIS & NEW YORK -- Vivendi announced today that it filed last night a Racketeer Influenced and Corrupt Organizations Act (RICO) complaint in federal court in the State of Washington, charging that T-Mobile has illegally appropriated Vivendi's $2.
They are among 49 members and associates named in a federal Racketeer Influenced and Corrupt Organizations case alleging years of violence, including the killing of Burbank police Officer Matthew Pavelka.
The company's action constitutes an act of racketeering under the Racketeer Influenced and Corrupt Organizations Act (RICO), say the Union's lawyers.
A bill to reform the civil provisions of the Racketeer Influenced and Corrupt Organizations Act (RICO) was approved by the House Judiciary Committee, with the support of the AICPA, in July 1991.
Phillip Morris et al, accusing the Defendants of 50 years of conspiring and committing fraud under the Racketeer Influenced and Corrupt Organizations ("RICO") section of the United States Code.
A federal Racketeer Influenced and Corrupt Organizations Act indictment against some 64 members and associates of the northeast San Fernando Valley gang alleged more than a decade of violence and the slayings of two officers, including Pavelka.
The suit also asserts that Sears and other defendants committed mail and wire fraud in violation of the federal Racketeer Influenced and Corrupt Organizations Act, more commonly known as "RICO.
legal system, legislative changes (such as passage of the Racketeer Influenced and Corrupt Organizations Act) and public perceptions of the performance of ancillary services for audit clients.