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RICO By: Harry Shurek In 1970, Congress passed the Racketeer Influenced and Corrupt Organizations Act (US Code-Title 18), or RICO, to provide a powerful tool in the fight against organized crime. The RICO Act enables persons financially injured by a pattern of criminal activity to bring a RICO claim in state and federal court, and to obtain damages three times the amount of their actual harm, plus attorneys fees and costs (www.ricoact.com). Since the mid-1980’…

…prospering on the misfortune of others. With the advent of civil RICO, private parties have a way of taking action against a business that has wronged them. RICO will likely continue to grow in its uses to achieve justice. Bibliography Bibliography 1.Douglas Wh! itman & Charles Gergacz (1994). The Legal and Social Environment of Business, p. 432-438, New York: McGraw Hill, Inc. 2.www.4law.cornell.edu 3.www.lawnewsnetwork.com 4.www.feminist.org 5.www.rico.com ------------------------------------------------------------------------ **Bibliography**