Rico Act (Noun)
Meaning
Law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions.
Classification
Nouns denoting communicative processes and contents.
Examples
- The RICO Act was used to prosecute the leaders of the notorious crime family for their involvement in extortion and money laundering.
- Prosecutors relied on the RICO Act to build a case against the corrupt businessman, who was accused of embezzling millions of dollars from his company.
- The RICO Act has been instrumental in dismantling organized crime syndicates across the country, allowing law enforcement to seize assets and impose harsh penalties.
- The government's use of the RICO Act in the case against the corrupt politician was seen as a major victory in the fight against public corruption.
- The RICO Act's forfeiture provisions allowed authorities to seize the assets of the convicted gang leader, including his mansion and luxury cars.