Racketeer Influenced and Corrupt Organizations Act

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Related to RICO Act: Rico law

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 ?
Additionally, the statutory language of the RICO Act itself must be
For example, Press, Shannon, and Ellissimmons noted that federal prosecutors were using the RICO Act against defendants who clearly were not part of any organized crime ring.
Paul - all far more locally oriented than the Times - have editorialized vigorously on the use of the RICO act against abortion protesters, focusing primarily on a case in Philadelphia.
The jury found the defendants liable on all counts of Super Vision's claims, including fraud, misappropriation of trade secrets, civil theft, tortious interference with contractual relationships, and violations of Florida's RICO Act.
and China were found liable on more than one dozen counts in that lawsuit including Theft of Trade Secrets, Fraud, Violations of Florida's RICO Act, Negligent Destruction of Evidence and Civil Theft, as described in a partial final judgment dated October 30, 2002 under the above case number.
The amended complaint, which was accepted by the court on May 7, 2003, contends that the defendants' actions violate certain provisions of the federal RICO Act and the Texas Business and Commerce Code, and includes new allegations of mail and wire fraud, securities fraud and conversion of a capital asset for illegal use.
The jury found the defendants liable on all counts including fraud, civil theft, violations of Florida's RICO act, civil conspiracy, misappropriations of Super Vision's technology and destruction of evidence.
Despite the many lawsuits filed in the Enron collapse, this is the first suit to charge Andersen with violations under the RICO act.
John Lentz was found liable for violating the RICO Act, common law fraud, and civil conspiracy; -- Michael Lentz was found liable for breech of contract, violating the RICO statute, common law fraud, and conspiring with the co-defendants to defraud MetLife Auto & Home; -- Andrea Lentz was found liable for breach of contract, violating the RICO statute, common law fraud, and conspiring with the co-defendants to defraud MetLife Auto & Home.
Robertson, the Supreme Court left open the question whether individual RICO acts must "substantially affect" interstate commerce.