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What is the rico act?

April 26, 2017ACT Rico

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What is the rico act?

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• In 1970, Congress passed the Racketeer Influenced and Corrupt Organizations (RICO) Act, Title 18, United States Code, Sections 1961-1968. At the time, Congress’ goal was to eliminate the ill-effects of organized crime on the nation’s economy. • Any person who operates or manages an enterprise through a pattern of racketeering activity may be in violation of the RICO Act. Any group may be a RICO enterprise regardless of whether its members wear pinstripes, poster boards, fatigues or hoods.