Racketeer Influenced and Corrupt Organizations Act. A law designed to attack organized criminal activity and preserve marketplace integrity by investigating, controlling, and prosecuting persons who participate or conspire to participate in racketeering. • Enacted in 1970, the federal RICO statute applies only to activity involving interstate or foreign commerce. 18 USCA §§ 1961–1968. Since then, many states have adopted laws (sometimes called “little RICO” acts) based on the federal statute. The federal and most state RICO acts provide for enforcement not only by criminal prosecution but also by civil lawsuit, in which the plaintiff can sue for treble damages. — Abbr. RICO. [Cases: Racketeer Influenced and Corrupt Organizations
2. C.J.S. RICO (Racketeer Influenced and Corrupt Organizations) § 7.]
“Before criminal or civil liability can attach under RICO, it must be shown that the two or more acts of racketeering alleged in the criminal indictment or civil complaint constitute a pattern of racketeering activity on the part of the culpable person. The statutory definition of pattern ‘requires at least two’ predicate acts occurring within ten years of each other, with one of them occurring after October 15, 1970. More broadly put, the pattern of racketeering activity is a scheme of unlawful conduct with a nexus to both the culpable person and the enterprise.” David R. McCormack, Racketeering Influenced Corrupt Organizations § 1.04, at 1-20 (1998).
双语律师Andrew，欧洲名校国际税法专业，擅长翻译各类与
国际税法相关的法律文件。
