RICO Act


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Related to RICO Act: Rico law
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Synonyms for RICO Act

law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions

References in periodicals archive ?
applied the RICO Act by arguing that the botnet was "de facto an
The inclusion of "any" within the definition clearly suggests a legislative intent to direct the thrust of the RICO Act against an individual "associating with himself.
Although the RICO Act and material support statute provide prosecutors the wide-ranging authority that they need to halt incipient plots, their broad sweep can also cause them to conflate support for local groups with participation in a global insurgency.
For example, corporations have been sued under the RICO Act for allegedly distributing false advertisements; lawyers, bankers, accountants, and other professionals, have been sued under the RICO Act for allegedly assisting clients in organizing, or assisting in the organization of, schemes to defraud; spouses have been sued for allegedly concealing the value of marital assets in divorce proceedings; and, civil protest groups have been sued for intimidating and extorting the customers of the industries that the protest aimed to disrupt.
The RICO Act was originally designed to prevent organized crime.
The suit makes its allegations under the federal Racketeer Influenced and Corrupt Organizations Act, or RICO Act, which increases the penalties for acts committed as part of an ongoing criminal enterprise.
However, given that the trustees managed to dispose of the bulk of the company's assets within months of the bankruptcy, Van Apeldoorn would not elaborate on why they decided to sue under the RICO Act so long after the event.
The highly derivative nature of RICO offenses is further exposed by examination of section 1962(d)--conspiracy to violate the other sections of the RICO Act.
2 million on more than one dozen counts, including theft of trade secrets, fraud, violations of Florida's RICO Act, negligent destruction of evidence and civil thefts.
Three individuals associated with L&L Collision, John Lentz, Michael Lentz, and Andrea Lentz, were all found liable for violating the RICO act, common law fraud, and civil conspiracy, with the latter two individuals also being found liable for breach of contract.
Gignac said that while the RICO Act is usually used to prosecute members of organized crime, it is also applicable when actions by corporations violate the public health.
The second tells how the prosecutors hunted them down and shows that the key to the investigation's success wasn't the highly publicized RICO Act, but the ability of the prosecutors first to terrify and then to immunize smaller fry, who then ratted on their superiors.
When the federal government used the RICO act - officially, the Racketeer-Influenced and Corrupt Organizations Act - against white collar criminals on Wall Street, major editorial pages questioned whether this was an appropriate use of a statute originally designed to fight the Mafia and other "scurvy hoodlums," in the words of the New York Times.
alleges the Defendants engaged in deceptive practices when force-placing insurance policies on borrowers, including violations of the Truth in Lending Act, the RICO Act, and other consumer protection laws.
The RICO Act, enacted in 1970 to target organized crime, was not intended as a vehicle to restrict political activity or expression.