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RICO And Corrupt Organizations Act

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RICO And Corrupt Organizations Act
The acronym RICO stands for Racketeer Influenced and Corrupt Organizations Act. This is a Federal State law that creates certain racketeering offenses that include participating in various criminal schemes and conspiracies that allow government seizure of property acquired of violation of the act. (Hall, 2016). RICO was created in the 70's as a way for Congress to try to curb organized crime in the United States. Today all businesses are subjected to RICO, but it established a RICO violation one must prove that the defendant received money or income. Performed a racketeering activity, invested that money into a business, which is an interstate commerce or affects interstate commerce. (Hall, 2016). The second part is the key to RICO, there has
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