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Anti-racketeering Law (Noun)

Meaning

Law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions.

Classification

Nouns denoting communicative processes and contents.

Examples

  • The Racketeer Influenced and Corrupt Organizations Act is a US anti-racketeering law aimed at preventing and punishing organized crime by restricting the patterns and methods of racketeering activity.
  • The country's anti-racketeering law has been effective in prosecuting cases of money laundering and embezzlement by organized crime syndicates.
  • Law enforcement officials praised the government's efforts in strengthening the anti-racketeering law to combat gang-related activities and violence.
  • In recent years, the government has toughened its anti-racketeering law to tackle the growing threat of cybercrime and international organized crime networks.
  • The anti-racketeering law allows prosecutors to freeze the assets of accused individuals, making it more difficult for them to continue operating their illicit activities.

Synonyms

  • Racketeer Influenced And Corrupt Organizations Act
  • RICO Act
  • RICO
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