This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the Racketeer Influenced and Corrupt Organizations (RICO) ... (Read 40 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jun 24, 2018
Explain the Racketeer Influenced and Corrupt Organizations (RICO) Act.

Question 2

Explain the changes Sarbanes-Oxley made to criminal laws.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amy.lauersdorf90

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 24, 2018
Answer to Question 1

Designed to curb organized crime activity.
Requires a pattern of racketeering activity which is defined as the commission of at least two racketeering acts within a 10 year period.

Racketeering acts include murder, kidnapping, gambling, arson, robbery, bribery, extortion, dealing in pornography or narcotics, counterfeiting, embezzlement of pension, union or welfare funds, mail fraud, wire fraud, obstruction of justice or criminal investigation, interstate transportation of stolen goods, white slavery, fraid in the sale of securities, and other acts related to the Currency and Foreign Transactions Reporting Act.

Answer to Question 2

Additional penalties for white collar crimes.
New crimes, including financial certification fraud.

New sentencing guidelines and new requirements for programs and carrots-and-sticks.

New records retention requirements.

More expansive standards for obstruction of justice conduct and greater penalties.


Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Coral reefs are influenced by sea surface temperatures. Coral reefs are influenced by sea surface temperatures.
Guide to Major Massage Therapy Organizations in the United States* Guide to Major Massage Therapy Organizations in the United States*
Mechanisms to Explain the Effects of Massage Mechanisms to Explain the Effects of Massage
Please fully explain the answer with steps Please fully explain the answer with steps
Please fully explain in detail Please fully explain in detail
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
Video: A timeline of the teeth (Explained - No Audio)

For a complete list of videos, visit our video library