State RICO Survey

State RICO Survey

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Description

The Rico Act was designed to go after the Mob bosses. The top Dons that kept there hands clean of any dirty business yet profited from it were for a long time untouchable by law enforcement. However, under RICO, not only is the person who commits the crime but those that are in partnership with the criminal and have knowledge of the crime can be charged with racketeering. Those found guilty of racketeering can be fined up to $25,000 and/or sentenced to 20 years in prison per racketeering count. In addition, the racketeer must forfeit all ill-gotten gains and interest in any business gained through a pattern of "racketeering activity."

Publication Date

1984

Publisher

American Bar Association, Division of Professional Education

City

Chicago, IL

Keywords

organized crimes, corporation law, Racketeering, civil procedure

Disciplines

Business Organizations Law | Civil Procedure | Law

State RICO Survey


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