02-20-2019, 07:56 PM
(02-20-2019, 04:40 PM)Nebuchadnezzar Wrote: Does this affect RICO?
Is the RICO Act now dead?
RICO applies to a lot more than just enterprises that cross state lines, and there are substantial seizure powers involved. The seizure and cost bond elements were included in RICO because many types of "racketeering" involved actions against "shell corporations". There is a civil damages part to RICO and this prevents the owners of these shell corporations from absconding with the assets leaving a judgement against a corporation with no value.
RICO also allows for "treble damages" as part of the civil section. These types of laws are not considered unconstitutional.
