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 ?
According to court documents, Joseph Giampa, Frederick Giampa and Edward Kennedy are accused of violating the Racketeer Influenced and Corrupt Organizations Act (RICO), the Massachusetts Consumer Protection Act and engaging in common law fraud and civil conspiracy.
The action is one of dozens of lawsuits across the nation that are attempting to use the federal Racketeer Influenced and Corrupt Organizations Act, or RICO, to challenge health maintenance organizations.
The award trebles damages under the provisions of the Federal Racketeer Influenced and Corrupt Organizations Act (RICO).
The lawsuit, filed Monday, alleges invasion of privacy, unlawful use of the plaintiffs' images for monetary gain, and mail and wire fraud under the federal Racketeer Influenced and Corrupt Organizations Act.
NYSE: WWW) announced that a jury in Lubbock, Texas, rendered a verdict yesterday consisting of multiple awards of actual and punitive damages under various state law claims as well as under the Federal Racketeer Influenced and Corrupt Organizations Act (RICO) against Michigan-based Wolverine and a partnership in which it was a general partner with Fred Goldston.
These were the Racketeer Influenced and Corrupt Organizations Act, or RICO, passed by Congress in 1970 to allow law enforcers to use single crimes as evidence of a larger criminal enterprise, and Title III of President Richard M.
The article commented on a motion being brought by the receiver of The Ravelston Corporation Limited ("Ravelston") responding to a suggestion by an official of the United States Attorney's Office ("USAO") in Chicago made to the receiver that the USAO might assert a right to seize the Retractable Common Shares of Hollinger held by Ravelston and Argus Corporation Limited ("Argus") in any proceedings respecting criminal allegations that may be made against Ravelston under the Racketeer Influenced and Corrupt Organizations Act (RICO) of the USA in connection with Hollinger International Inc.
The judges ruled two-to-one against allowing disgorgement as a remedy against the tobacco companies under civil Racketeer Influenced and Corrupt Organizations Act (RICO).
On October 29, 2004, Hollinger International announced that it has filed a motion for certification for interlocutory appeal of the dismissal of its claims in the Amended Complaint related to the Racketeer Influenced and Corrupt Organizations Act.
In addition, Hollinger International announced that it intends to appeal the dismissal of its claims under the Racketeer Influenced and Corrupt Organizations Act.
against Hollinger and others in Illinois claiming damages, including treble damages under applicable provisions of the Racketeer Influenced and Corrupt Organizations Act ("RICO"), of US$1.