Understanding Racketeering and RICO Charges

Racketeering is a term often associated with organized crime, but its legal definition is broader and encompasses a variety of criminal activities. The Racketeer Influenced and Corrupt Organizations Act (RICO) is a federal law designed to combat organized crime in the United States.

Definition of Racketeering

Racketeering generally refers to the act of operating an illegal business or scheme (a "racket") in order to make a profit, often as part of an organized crime group. The term can also apply to a pattern of illegal activity carried out as part of an enterprise that is owned or controlled by those engaged in the illegal activity.

What is racketeering slang for?

The word "racketeering" comes from "racket," which is slang for a fraudulent service or enterprise, especially one that is run as part of organized crime. In common usage, it refers to any illegal business or scheme, particularly those involving extortion or fraud.

Types of Crimes Considered Racketeering

What are examples of racketeering?

Examples of racketeering include bribery, extortion, loan sharking, money laundering, drug trafficking, illegal gambling, and murder for hire. Under RICO, a wide range of criminal offenses can be considered racketeering if they are part of an ongoing criminal enterprise.

RICO Charges and Penalties

How serious is a RICO charge?

A RICO charge is extremely serious. Conviction under RICO can result in severe penalties, including up to 20 years in prison for each racketeering count (or even life imprisonment if the underlying crime warrants it), substantial fines, and the forfeiture of assets gained through criminal activity. RICO charges are used to target not just individuals, but entire organizations involved in patterns of criminal behavior.

Is racketeering a felony?

Yes, racketeering is classified as a felony under both federal and most state laws. Felony convictions carry significant prison sentences and other long-term consequences, including loss of certain civil rights and difficulties in securing employment after release.

Conclusion

Racketeering and RICO charges are powerful tools used by law enforcement to combat organized crime and related illegal activities. Understanding the scope and seriousness of these charges is important for anyone interested in criminal law or justice.