racketeer influenced and corrupt organizations act (Meaning)
racketeer influenced and corrupt organizations act (n)
law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions
Synonyms & Antonyms of racketeer influenced and corrupt organizations act
No Synonyms and anytonyms found
racketeer influenced and corrupt organizations act Sentence Examples
- The Racketeer Influenced and Corrupt Organizations Act (RICO) was enacted to combat organized crime and racketeering activities.
- Under RICO, prosecutors can charge individuals or organizations with engaging in a pattern of racketeering activity, which includes a variety of criminal offenses.
- RICO was originally passed in response to the rise of organized crime syndicates such as the Mafia.
- The statute has since been broadened to include a wide range of criminal activities, such as fraud, extortion, and drug trafficking.
- RICO provides for enhanced penalties for individuals and organizations convicted of racketeering offenses.
- In addition to criminal penalties, RICO also allows for civil lawsuits to be filed against individuals or organizations involved in racketeering activities.
- Prosecutors have successfully used RICO to take down major organized crime families and corrupt businesses.
- The statute has also been used to combat white-collar crime and other forms of racketeering activity.
- RICO is a powerful tool that law enforcement can use to combat organized crime and racketeering.
- However, RICO has also been criticized for being overly broad and for targeting legitimate businesses.
FAQs About the word racketeer influenced and corrupt organizations act
law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions
No synonyms found.
No antonyms found.
The Racketeer Influenced and Corrupt Organizations Act (RICO) was enacted to combat organized crime and racketeering activities.
Under RICO, prosecutors can charge individuals or organizations with engaging in a pattern of racketeering activity, which includes a variety of criminal offenses.
RICO was originally passed in response to the rise of organized crime syndicates such as the Mafia.
The statute has since been broadened to include a wide range of criminal activities, such as fraud, extortion, and drug trafficking.
