Definition
RICO is short for the Racketeer Influenced and Corrupt Organizations Act. It's a U.S. law created to combat organized crime. It targets not just individual criminals but entire criminal enterprises. Think of it as a legal tool to dismantle groups involved in illegal activities. The act allows prosecutors to go after the leaders and finances of these organizations. It's used against activities like money laundering, drug trafficking, and other forms of racketeering. It's like bringing down a whole house of cards instead of just one card.