What Is RICO?
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Miami White Collar Criminal Attorney Explains Anti-Corruption Act
The Racketeering Influence and Corrupt Organizations Act, or RICO, is a legal act designed to target corrupt organizations. In this video, white collar crime attorney Curtis Miner explains RICO’s history, past targets and the act’s track record in the legal field.
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RICO is the Racketeering Influence and Corrupt Organizations Act. I forget the day when it was actually passed, but it’s a statute that’s been around for quite a while, and as you might garner from the name, it was originally targeted as a law enforcement tool against racketeers, corrupt organizations like the Mafia, Cosa Nostra. It’s morphed since then to be used much more broadly both by civil litigants and criminal prosecutors, but typically it hasn’t had a great success rate in civil lawsuits. There’s been a lot of case law out there, a lot of judicial efforts to rein it into what its original intention was, to prosecute, to bring civil suits against truly racketeering-influenced and corrupt organizations. Mobs, cartels, that sort of thing.