A federal RICO charge represents one of the most serious criminal charges you can face in Ohio. It means that government officials believe that you engaged in a form of criminal conduct affecting interstate commerce.
The acronym RICO stands for the Racketeer Influenced and Corrupt Organization Act that Congress passed back in 1970. Originally this Act sought to give federal investigators and prosecutors more power and authority in their fight against Mafia racketeering, but RICO has long since been used to prosecute alleged perpetrators of the following types of white-collar crimes:
- Money laundering
- Mail fraud