10:38
Very happy with LR other than having to guess on a couple questions cuz of time
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
pattern of racketeering activity
Read a random definition: coronation case
A quick definition of pattern of racketeering activity:
A pattern of racketeering activity is when people do bad things over and over again, like stealing or hurting others, as part of a group that is organized to do these things. This is against the law and can be very dangerous. The government has a law called RICO to stop this kind of activity.A more thorough explanation:
A pattern of racketeering activity refers to two or more related criminal acts that either amount to or pose a threat of continued criminal activity. This term comes from the federal Racketeer Influenced and Corrupt Organizations Act.
Racketeering is a system of organized crime that typically involves extorting money from businesses through intimidation, violence, or other illegal methods. It can also refer to a pattern of illegal activity, such as bribery, extortion, fraud, and murder, carried out as part of an enterprise owned or controlled by those engaged in the illegal activity.
For example, a group of individuals may engage in a pattern of racketeering activity by extorting money from local businesses, committing fraud, and engaging in illegal gambling. These criminal acts are related and pose a threat of continued criminal activity.
The federal RICO statute greatly broadened the definition of racketeering activity to include activities such as mail fraud and securities fraud. This means that individuals or organizations engaging in these types of criminal activity can also be charged with racketeering.