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Thursday 18 April 2013

RICO

RICO In 1970, Congress passed the Racketeer Influenced and Corrupt Organizations put to work (US Code-Title 18), or RICO, to provide a powerful tool in the fight against organized crime. The RICO Act enables persons financially wound by a pattern of criminal activity to read a RICO claim in state and federal official court, and to obtain damages three times the amount of their echt harm, plus attorneys fees and costs (www.ricoact.com). Since the mid-1980?s, the RICO Act has been applied in circumstances that many believe to be beyond the compass of the act.
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The RICO Act has been used successfully against a tour of members of the Mafia. It has also been applied in cases against legitimate business people, including accountants, attorneys, and spouses in divorce cases, and protest organizations. RICO prohibits using money generated by a pattern of racketeering to gain or honour control over an enterprise, to invest in an enterprise, or to move in the conduct or affa...If you want to get a full essay, order it on our website: Ordercustompaper.com

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