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Racketeer Influenced and Corrupt Organizations (RICO) 6.18.1962C RICO Conducting or Participating in the Conduct of the Affairs of an Enterprise Through A Pattern Of Racketeering Activity; Elements
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Racketeer Influenced and Corrupt Organizations Act (RICO) is a federal law that provides prosecution and civil penalties for acts performed as part of an ongoing criminal enterprise.
RICO does not require individuals or entities to specifically file for it. However, it is applicable to those engaging in racketeering activities or associated with criminal enterprises.
There is no specific form or procedure to fill out for RICO. It primarily involves gathering evidence and working with law enforcement agencies to build a case against criminal organizations.
The purpose of RICO is to combat organized crime by providing tools for prosecution and penalties against individuals and organizations engaged in racketeering activities.
There is no specific reporting requirement for RICO. The focus is on gathering evidence of racketeering activities and presenting it in legal proceedings.
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