RICO
Term · Law · MLC-T-LAW-004329
The Racketeer Influenced and Corrupt Organizations Act, a federal statute designed to combat organized crime by providing for enhanced penalties for patterns of criminal activity. It allows for the prosecution of individuals who engage in a continuing series of specified unlawful acts connected to an enterprise. Both criminal and civil remedies are available under RICO.
| Identifier | MLC-T-LAW-004329 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004329",
"term": "RICO",
"field": "Law",
"definition": "The Racketeer Influenced and Corrupt Organizations Act, a federal statute designed to combat organized crime by providing for enhanced penalties for patterns of criminal activity. It allows for the prosecution of individuals who engage in a continuing series of specified unlawful acts connected to an enterprise. Both criminal and civil remedies are available under RICO.",
"url": "https://mlchart.com/terminology/law/rico/"
}
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