Definition of 'Racketeering'
Racketeering is a serious crime that can have a devastating impact on communities. It can lead to increased violence, fear, and corruption. It can also make it difficult for businesses to operate and for people to live safely in their homes.
There are a number of laws that are designed to combat racketeering. These laws include the Racketeer Influenced and Corrupt Organizations (RICO) Act, which was passed in 1970. The RICO Act makes it illegal to engage in a pattern of racketeering activity, which is defined as two or more acts of racketeering that are committed within a ten-year period.
The RICO Act has been used to successfully prosecute a number of organized crime groups. However, it is a complex law that can be difficult to enforce. In recent years, there have been a number of proposals to reform the RICO Act in order to make it more effective.
Racketeering is a serious crime that can have a devastating impact on communities. It is important to be aware of the signs of racketeering and to report any suspected activity to the authorities.
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