Racketeer Influenced and Corrupt Organization Act RICO

Racketeer Influenced and Corrupt Organization Act RICO

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Business, Social Studies

University

Hard

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The RICO statute is a powerful federal law used to charge individuals involved in a common criminal enterprise with a pattern of racketeering. It targets those who hire others for illegal activities, such as drug trafficking, and allows for the forfeiture of assets linked to the crime. The statute applies to both state and federal felony activities, leveraging interstate commerce powers to reach all involved parties.

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3 mins • 1 pt

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