The 2.74 Racketeer Influenced and Corrupt Organizations Act (RICO) / 18 U.S.C. Sec. 1962(a) (Introductory Paragraph) is a set of federal laws that allow the U.S. government to prosecute individuals and organizations for participating in a “pattern of racketeering activity” or for using the proceeds of criminal activity to acquire or maintain an interest in an enterprise. This law was designed to combat organized crime by prohibiting individuals and organizations from engaging in criminal activities such as embezzlement, fraud, extortion, money laundering, and other criminal activities. The law also provides for civil remedies, including the seizure of assets. The different types of RICO violations covered by the law include conspiracy, racketeering, corrupt conduct, and enterprise liability.
2.74 RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS ACT / 18 U.S.C. Sec. 1962(a) (Introductory Paragraph)
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