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Organizations ( RICO ) Act? Anyone whose business or property has been damaged by a pattern of racketeering activity can sue to recover treble damages
Organizations RICO Act?
Anyone whose business or property has been damaged by a pattern of racketeering activity can sue to recover treble damages and attorney fees in a civil action.
It prohibits persons employed by or associated with an enterprise from engaging in a pattern of racketeering activity.
It was originally enacted to combat organized crime.
In effect, it prevents legitimate businesses from serving as covers for racketeering.
It has been a relatively inconsequential tool for addressing whitecollar crime.
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