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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 . Passed in 1970 the racketeer influenced and corrupt organizations act rico is a federal law designed to combat organized crime in the united states. Translate rico see 9 authoritative translations of rico in english with example sentences phrases video and audio pronunciations
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