Racketeer Influenced and Corrupt Organizations Laws
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This paper examines how in 1970 the U.S. government passed a set of federal statutes referred to as the Racketeer Influenced and Corrupt Organizations laws which were meant to combat the influence of organized crime on legitimate businesses. RICO made it unlawful to carry out or conspire to carry out a venture in which the activities affected interstate commerce by committing or agreeing to commit a pattern of racketeering activity. The paper looks at the history behind the legislation, its implementation and its effect on organized crime.
From the Paper:"The complexity of the act now centers around three key phrases that are included in the RICO statute. Enterprise, racketeer, and pattern of racketeering activity are the phrases that are important. Proponents of expanded use of RICO argue that the original intent of the statute was to include all types of white-collar crime, not just organized crime. The opposite side of this argument feels that this interpretation of RICO should be interpreted to only include organized crime. The overall feeling of recent RICO cases that have been heard before the Supreme Court have favored a liberal interpretation of the statutes and permit their expanded usage (Cecil, 1991). I agree with this liberal interpretation of the RICO act since there is not as much blatant organized crime as their used to be there needs to be a way to catch the subtle mafia involvement that may still be going on."
Sample of Sources Used:
- Cecil, Greek. (1991). Is This The End of Rico? Or Only The Beginning: The Ongoing Debate Over the Expanded Use of Criminal and Civil Rico. Retrieved April 20, 2009, from Web site: http://www.fsu.edu/~crimdo/rico.html
- Chapter 96 -Racketeer Influenced and Corrupt Organizations. (2000). Retrieved April 20, 2009, from US Code Title 18 Web site: http://graham.main.nc.us/~bhammel/INS/RICO.html
- Grell, Jeffery. (n.d.). Rico in a Nutshell. Retrieved April 20, 2009, from RICOAct.com Web site: http://www.ricoact.com/ricoact/nutshell.asp
- Rico Suave. (2004). Retrieved April 20, 2009, from Snopes.com. Web site: http://www.snopes.com/language/acronyms/rico.asp.
- Sandra. (2008). Racketeering. Retrieved April 20, 2009, from World Law Direct Web site: http://www.worldlawdirect.com/forum/law-wiki/12432-racketeering.html
Cite this Analytical Essay:
Racketeer Influenced and Corrupt Organizations Laws (2011, May 29) Retrieved September 19, 2020, from https://www.academon.com/analytical-essay/racketeer-influenced-and-corrupt-organizations-laws-147653/
"Racketeer Influenced and Corrupt Organizations Laws" 29 May 2011. Web. 19 September. 2020. <https://www.academon.com/analytical-essay/racketeer-influenced-and-corrupt-organizations-laws-147653/>