The Law Dictionary for Everyone
The meaning of RICO law, or the “Racketeer Influenced and Corrupt Organizations Act,” is that it is a law that allows authorities to punish offenders engaging in criminal activities, particularly racketeering. For example, RICO law punishes crime bosses who order their subordinates to carry out criminal activities for them. Else, these bosses could claim innocence because they technically were not […]
Read moreThe term racketeering refers to the operation of a business that causes a problem, with the intent to offer to solve the problem. These problems involve illegal activities, and racketeering is just as illegal as the other party’s illegal business. Racketeering may include services to solve problems related to someone’s involvement in such unlawful activities as prostitution rings, gambling operations, […]
Read more
