What is Racketeering?

A racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to earn illegal or extorted money regularly or briefly but repeatedly. A racket is often a repeated or continuous criminal operation.The law defines 35 different offenses that constitute racketeering, and the list includes gambling, kidnap, murder, arson, drug dealing and bribery.If you convicted to serve up to 20 years in prison, in addition to a fine of up to $25,000.

RICO Act October 15 1970

Section 1961(10) of Title 18 provides that the Attorney General of the United States may designate any department or agency to conduct investigations authorized by the RICO statute and such department or agency may use the investigative provisions of the statute or the investigative power of such department or agency otherwise conferred by law. Absent a specific designation by the Attorney General, jurisdiction to conduct investigations for violations of 18 U.S.C. § 1962 lies with the agency having jurisdiction over the violations constituting the pattern of racketeering activity listed in 18 U.S.C. § 1961.

The government must prove beyond a reasonable doubt: (1) that an enterprise existed; (2) that the enterprise affected interstate commerce; (3) that the defendant was associated with or employed by the enterprise; (4) that the defendant engaged in a pattern of racketeering activity; and (5) that the defendant conducted or participated in the conduct of the enterprise through that pattern of racketeering activity through the commission of at least two acts of racketeering activity as set forth in the indictment.

Examples of “Racketeering”

Common examples 

Kidnapping,Murder and murder-for-hire,Bribery and police corruption,Seduction Organized academic dishonesty by school administrators, as in the Atlanta Public Schools cheating scandal,Loan sharking,Computer crimes,Drug trafficking,
Arms trafficking,Extortion,
Prostitution and commercial sexual exploitation of children,Human trafficking,People smuggling,Tax evasion and cigarette smuggling,
Witness tampering and intimidation,Skimming (casinos),
Operating chop shops,Illegal gambling or bookmaking, including match fixing and many more ……..

Published by Ravi Rai

Ravi Rai is the Founder of LifeHackes. He's an expert in PPC and digital marketing. You can follow him by click on above Facebook and Twitter logo.

Leave a comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: