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The racketeer influenced and corrupt organizations act commonly referred to as the rico act or simply rico is a united states federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organizationthe rico act focuses specifically on racketeering and allows the leaders of a syndicate to be tried for the crimes they . Rico abbr racketeer influenced and corrupt organizations act of 1970 rico ri ko n racketeer influenced and corrupt organizations act a us law enacted in 1970 allowing victims of organized crime to sue those responsible for punitive damages thesaurusantonymsrelated wordssynonymslegend switch to new thesaurus noun 1 rico law intended to . It is unlawful for anyone employed by or associated with any enterprise engaged in or the activities of which affect interstate or foreign commerce to conduct or participate directly or indirectly in the conduct of such enterprises affairs through a pattern of racketeering activity or collection of unlawful debt 18 usca 1962c west 1984. Translate rico see 9 authoritative translations of rico in english with example sentences phrases video and audio pronunciations
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