What does 'RICO' stand for in criminal law?

'RICO' stands for Racketeer Influenced and Corrupt Organizations Act. This federal law was enacted in 1970 to combat organized crime in the United States. It provides law enforcement with the means to prosecute individuals or groups engaged in patterns of illegal activity as part of an enterprise, which can include a variety of crimes such as bribery, fraud, and extortion. The legislation is significant because it allows for the prosecution of not only individuals directly involved in criminal activity but also those who indirectly benefit from it, thereby deterring the growth and influence of organized crime. Its provisions also allow for severe penalties, including significant fines and extended prison sentences. Understanding RICO is crucial for detectives and law enforcement agents as they navigate complex criminal investigations involving organized crime and corruption.