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 82 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
Excellent

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Darwin was deeply influenced by his stop in the Galapagos Islands. Darwin was deeply influenced by his stop in the Galapagos Islands.
Some scientists believed that langur infanticide was influenced by human disturbance. Some scientists believed that langur infanticide was influenced by human disturbance.
Inverse Relation Between IQ and Disease. Could this explain the Flynn effect? Inverse Relation Between IQ and Disease. Could this explain the Flynn effect?
Both individuals and organizations do impression management, trying to communicate messages about ... Both individuals and organizations do impression management, trying to communicate messages about ...
Historical Time Line of Regulatory Acts, Standards, and Organizations Historical Time Line of Regulatory Acts, Standards, and Organizations
Please fully explain in detail Please fully explain in detail
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library