Rico Act
/ˈriːkoʊ ˌækt/
Definitions
- (n.) A U.S. federal law enacted in 1970 aimed at combating organized crime by allowing prosecution and civil penalties for ongoing criminal enterprises involved in racketeering activity.
The prosecutor charged the defendants under the Rico Act for their involvement in the criminal syndicate.
Forms
- rico acts
Related terms
Commentary
Commonly referred to as the RICO Act, it is often cited in both criminal and civil cases involving patterns of illegal conduct within enterprises.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.