Racketeering

Racketeering is the act of engaging in illegal business activities, such as fraud, bribery, or extortion, for the purpose of making a profit. It is often associated with organized crime, and can involve a wide range of criminal activities. Racketeering is a serious crime and is punishable by fines and imprisonment. In the United States, the Racketeer Influenced and Corrupt Organizations (RICO) Act is a federal law that is used to prosecute individuals and organizations involved in racketeering. The law allows for the seizure of assets and property obtained through racketeering activities, and also allows for enhanced penalties for individuals who have been convicted of multiple racketeering offenses.