what is racketeering definition
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Racketeering Racketeering. Set of illegal activities aimed at commercial profit that may be disguised as legitimate business deals. Common examples include fraud, extortion, bribery, and actual or threatened violence.acketeering. Set of illegal activities aimed at commercial profit that may be disguised as legitimate business deals. Common examples include fraud, extortion, bribery, and actual or threatened violence.
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- RICO stands for the Racketeering Influenced and Corrupt Organizations Act. It was a groundbreaking piece of legislation passed in the United States in 1970 with the goal of financially crippling the Mafia. However, it has evolved to have a variety of applications today against many organizations aside from the Mafia.
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racking Definitions (3) 1. A method entailing stepping back successive courses of masonry in an unfinished wall. 2. The movement of structural elements out of level or plumb by forces such as stress, wind, or material shrinkage or expansion. 3. The installation of roof shingles in a straight line across the roof instead of on the diagonal.
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Definitions &Translations An indictment (/ɪnˈdaɪtmənt/ in-DYT-mənt), in the common law system, is a formal accusation that a person has committed a crime.
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Four Members of LSP Street Gang Sentenced in Ohio for Roles in Racketeering Conspiracy WASHINGTON – Four LSP street gang member were sentenced today for their roles in a racketeering conspiracy (RICO) that used violence, including attempted murder, to control territory and sell heroin, cocaine and other drugs, announced Assistant Attorney General for the Justice Department’s Criminal Division Lanny A. Breuer; Steven M. Dettelbach, ...
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109. RICO Charges RICO Charges It is unlawful for anyone employed by or associated with any enterprise engaged in, or the activities of which affect, interstate or foreign commerce, to conduct or participate, directly or indirectly, in the conduct of such enterprise's affairs through a pattern of racketeering activity or collection of unlawful debt. 18 U.S.C.A. § 1962(c) (West 1984). The Racketeer Influenced and Corrupt Organization Act (RICO) was passed by Congress with the declared purpose of seeking to eradicate organized crime in the United States. Russello v. United States, 464 U.S. 16, 26-27, 104 S. Ct. 296, 302-303, 78 L. Ed.
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racket racket - a sports implement (usually consisting of a handle and an oval frame with a tightly interlaced network of strings) used to strike a ball (or shuttlecock) in various games racquet badminton racket, badminton racquet, battledore - a light long-handled racket used by badminton players
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Organized crime For other uses, see Organized crime (disambiguation). Organized crime is a category of transnational, national, or local groupings of highly centralized enterprises run by criminals who intend to engage in illegal activity, most commonly for money and profit. Some criminal organizations, such as terrorist groups, are politically motivated.
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extortion Definition of extortion. 1  1 : the act or practice of extorting especially money or other property; especially : the offense committed by an official engaging in such practice. 2  2 : something extorted; especially : a gross overcharge.
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Racketeering A pattern is defined as at least two acts of racketeering activity, one of which occurred after the effective date of [RICO's passage] and the last of which occurred within 10 years … after commission of a prior act of racketeering activity..
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Welcome Welcome. The purpose of this website is to serve as a resource for attorneys, clients, the media, and any member of the public with an interest in the Racketeer Influenced and Corrupt Organizations (RICO) Act, Title 18, United States Code, Sections 1961-1968.
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solicitation solicitation. n. the crime of encouraging or inducing another to commit a crime or join in the commission of a crime. Solicitation may refer to a prostitute's (or her pimp's) offer of sexual pleasures for pay. (See: pander).
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- A racketeer is someone who is involved in multiple criminal enterprises. Congress passed the Racketeer Influenced and Corrupt Organizations Act to deal with organized crime. The RICO Act was written to cover a very broad definition of racketeering, or organized illegal activity. President Nixon signed the Rico Act into law in 1970.
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Racketeering Law and Legal Definition Racketeering Law & Legal Definition. Racketeering is the federal crime of conspiring to organize to commit crimes, especially on an ongoing basis as part of an organized crime operation.acketeering Law & Legal Definition. Racketeering is the federal crime of conspiring to organize to commit crimes, especially on an ongoing basis as part of an organized crime operation.
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Racketeering/RICO Racketeering/RICO. Racketeering is when organized groups run illegal businesses, known as “rackets,” or when an organized crime ring uses legitimate organizations to embezzle funds. Such activities can have devastating consequences for both public and private institutions.
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Anti-Dumping Laws in Malaysia In economics,  dumping  is a kind of predatory pricing, especially in the context of international trade.
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- Definition of 'gangrene'. gangrene (gæŋgriːn ) Gangrene is the decay that can occur in a part of a person's body if the blood stops flowing to it, for example as a result of illness or injury. Once gangrene has developed the tissue is dead.
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Glossary Rack jobber (food industry term): A wholesaler or vendor that orders and delivers product and services a non-food department in a food store on a contract basis, e.g., health and beauty care (HBC).
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Cesare Terranova The Mafia. The Mafia is oppression, arrogance, greed, self-enrichment, power and hegemony above and against all others. It is not an abstract concept, or a state of mind, or a literary term... It is a criminal organization regulated by unwritten but iron and inexorable rules...
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- racketeering noun [U]. › the ​act or ​practice of making ​money through ​dishonest or ​illegal ​activities: He now ​faces 20 ​years in ​prison after ​pleading ​guilty to ​conspiracy and racketeering ​charges.(Definition of racketeering from the Cambridge Academic Content Dictionary © Cambridge University Press).acketeering noun [U]. › the ​act or ​practice of making ​money through ​dishonest or ​illegal ​activities: He now ​faces 20 ​years in ​prison after ​pleading ​guilty to ​conspiracy and racketeering ​charges. (Definition of racketeering from the Cambridge Academic Content Dictionary © Cambridge University Press).
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Definition of 'rack-and-pinion' rack-and-pinion in Mechanical Engineering (ræk ənd pɪnyən) A rack-and-pinion is a device for changing rotary motion into linear motion, in which a gearwheel (the pinion) engages with a flat toothed bar (the rack). On a rack-and-pinion steering system, the end of the steering shaft has a pinion gear that meshes with the rack.
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Racketeering A person who uses an enterprise to engage in a pattern of racketeering may be convicted under the RICO criminal statute (18 U.S.C.A. § 1963). An enterprise is defined as any individual, partnership, corporation, association, or other legal entity, and any union or group of individuals associated in fact although not a legal entity.
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Organized crime 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 of the Offense (18 U.S.C.
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extortion Legal Definition of extortion. 1  1 : the act or practice of extorting especially money or other property; specifically : the act or practice of extorting by a public official acting under color of office. 2  2 : the crime of extorting.
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RICO Law In 1970, Congress passed the Racketeer Influenced and Corrupt Organizations (RICO) Act in an effort to combat Mafia groups. Since that time, the law has been expanded and used to go after a variety of organizations, from corrupt police departments to motorcycle gangs.
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- Define gangster. gangster synonyms, gangster pronunciation, gangster translation, English dictionary definition of gangster. n. 1. A member of an organized group of criminals; a racketeer. 2. A member of a gang of delinquents. gang′ster·dom n. gang′ster·ism n. n a member of an...