The Law Dictionary

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RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS ACT OF 1970 (RICO) Definition & Legal Meaning

Definition & Citations:

An act that was passed by congress in 1970. It was established in order to increase the penalties that were imposed for acts of crime committed by organized crime such as the Mafia. Its establishment has allowed the better prosecution of organized criminal acts.

See, What Is Racketeering?

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