CBD Lawsuit Sparks Debate over RICO’s Scope in Recovering Lost Earnings
Over fifty years ago, Congress enacted the Racketeer Influenced and Corrupt Organizations Act (RICO) to fight against organized crime, from the mafia to minor money laundering schemes. This act allows not only for criminal penalties for violations, but also permits private individuals to file civil lawsuits as a result of the defendant’s “racketeering activity,” if…