The Racketeering Influenced Corrupt Organizations Act is an enormously powerful tool designed to combat racketeering activity. On the civil side, RICO empowers victims to act as private attorneys general, rewarding the successful plaintiff with treble damages and attorney’s fees.
The mere filing of a RICO action can have a devastating effect on a defendant. Rumors of corruption spread quickly, and a business embroiled in allegations of a RICO conspiracy risks losing its hard-earned reputation overnight.
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