What is RICO?

Any person injured in his or her business or property by a pattern of racketeering activity may have standing to seek relief pursuant to the Organized Crime Control Act of 1970. The statute, more commonly known as the Racketeer Influenced and Corrupt Organizations Act, or RICO, contains provisions permitting prosecution by the U.S. Department of Justice and provisions permitting the pursuit of a civil action to recover damages by the victim or victims.