RICO (Racketeer Influenced and Corrupt Organizations Act)

The Racketeer Influenced and Corrupt Organizations Act (RICO), enacted in 1970, is a U.S. federal law designed to combat organized crime. It allows law enforcement to target individuals and groups involved in ongoing criminal enterprises. RICO covers various offenses, including bribery, fraud, and drug trafficking, enabling prosecutors to charge defendants with a pattern of criminal activity rather than isolated incidents. This law provides for severe penalties, including lengthy prison sentences and asset forfeiture, making it a powerful tool against organized crime and corrupt practices in businesses and institutions.