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Racketeer Influenced Corrupt Organization |
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Racketeer Influenced Corrupt Organization (RICO) statute n. a federal law which makes it a crime for organized criminal conspiracies to operate legitimate businesses. |
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He has also been named, along with 42 other purported Vineland Boys, in a 56-count federal Racketeer Influenced Corrupt Organizations indictment. China Enterprises intends to vigorously pursue its Racketeer Influenced Corrupt Organization (RICO) claim against these defendants, as well as trade libel, defamation and intentional interferences with prospective economic advantage claims. today ruled that the civil Racketeer Influenced Corrupt Organizations Act (RICO) does not permit the government to seek disgorgement of past revenues and profits as a remedy in its case against Philip Morris USA, the other major tobacco companies and other defendants. |
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