Racketeer Influenced and Corrupt Organizations Act
n.
A federal law designed to fight organized crime.
abbrv.
RICO

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


Racketeer Influenced and Corrupt Organizations Act
A federal law, passed in 1970, that allows prosecution and civil penalties for certain acts (including illegal gambling, bribery, kidnapping, murder, and money laundering) performed as part of an ongoing criminal enterprise. RICO has been used to prosecute members of the mafia, the Hells Angels motorcycle gang, and Operation Rescue, an anti-abortion group, among others.
Category: Criminal Law
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.


Racketeer Influenced and Corrupt Organizations Act
n. This law, enacted in 1970, is designed to fight activity by organized crime and to preserve the integrity of the interstate and international marketplace by investigating and prosecuting individuals conspiring to participate or actually participating in racketeering. Note that it has no force in intrastate commerce. Abbreviated RICO.
See also racketeering.

Webster's New World Law Dictionary. . 2000.

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