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RICO Violations

Under the Racketeer Influenced and Corrupt Organizations Act, commonly referred to as the RICO Act (18 U.S.C. § 1961–1968) a person who is a member of an enterprise that has committed any two of 35 crimes (27 federal crimes and 8 state crimes) within a 10 year period may be charged with racketeering. Those found guilty of racketeering can be fined up to $25,000 and sentenced up 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.” Privately harmed persons may file civil suits an collect treble damages if successful under the RICO statutes.