What is another word for racketeer influenced and corrupt organizations act?
Pronunciation: [ɹˌakɪtˈi͡əɹ ˈɪnfluːənst and kəɹˈʌpt ˌɔːɡɐna͡ɪzˈe͡ɪʃənz ˈakt] (IPA)
The Racketeer Influenced and Corrupt Organizations Act, commonly referred to as RICO, is a federal law designed to target organized crime and corruption by criminalizing various offenses committed by criminal enterprises. Synonyms for RICO include the Anti-Racketeering Act, the Organized Crime Control Act, and the Federal Corrupt Practices Act. RICO has been used to prosecute a wide range of criminal activities, including drug trafficking, money laundering, and white-collar crimes such as fraud and embezzlement. The law has been applied in countless high-profile cases, making it a crucial tool in the fight against organized crime and corruption in the United States.