Civil RICO litigation
The Racketeer Influenced and Corrupt Organizations Act, commonly referred to as RICO, is a federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization.
Racketeering activities include means:
Any violation of state statutes against gambling, murder, kidnapping, extortion, arson, robbery, bribery, dealing in obscene matter, or dealing in a controlled substance or listed chemical (as defined in the Controlled Substances Act);
Any act of bribery, counterfeiting, theft, embezzlement, fraud, dealing in obscene matter, obstruction of justice, slavery, racketeering, gambling, money laundering, commission of murder-for-hire, and several other offenses covered under the Federal criminal code (Title 18);
Embezzlement of union funds;
Bankruptcy fraud or securities fraud;
Drug trafficking; long-term and elaborate drug networks can also be prosecuted using the Continuing Criminal Enterprise Statute;
Money laundering and related offenses;
Bringing in, aiding or assisting aliens in illegally entering the country (if the action was for financial gain);
Acts of terrorism.
Although RICO is primarily a criminal statute, it also has civil remedies, and allows a private cause of action by a party wronged by the racketeering activities. If successful a RICO plaintiff can collect treble (triple) damages.
