RICO (The Racketeer Influenced and Corrupt Organizations Act)

RICO (The Racketeer Influenced and Corrupt Organizations Act)United States Federal Law does everything in its power in order to combat the continuing growth of criminal organizations. One of the countermeasures initiated in 1970, is an Act relating to the control of organized crime in the United States, also known as RICO (OCCA).

RICO stands for Racketeer Influenced and Corrupt Organizations Act. This term applies to a Federal Law, designed to combat organized groups running illegal business (i.e. racketeering), which may include the importation and sale of illegal drugs, gambling, money laundering, prostitution rings, bribery, drug trafficking, slavery, or any act involving murder, kidnapping, arson, robbery, extortion, dealing with obscene matter, terrorism, bankruptcy or security fraud, helping aliens to enter illegally the country, dealing with controlled substance, etc. Continue reading

What Is Fencing Of Stolen Goods?

The fence is a new look at the world of property theft. As everyone knows, property is stolen if it was obtained by any theft, burglary, robbery or extortion. Knowing the property is stolen depends on the subjective and actual knowledge of the receiver of goods.

Fencing” – the crime of buying and reselling stolen merchandise and is one of the links law_fencethat binds theft to the larger social system.

A fence (as a noun) is an individual who knowingly buys stolen property for later resale, sometimes in a legitimate market. As a verb, the word describes the behavior of the thief in the transaction: The burglar fenced the stolen radio.

All fences are by definition businessmen: They are middlemen in commerce – albeit illegitimate commerce – providing goods and services to others, regardless of whether they operate from a legitimate business or rely solely on individual resources. Continue reading

Property Crimes – Non-Violent Intent to Deprive the Owner of Their Property

Property crimes have been always a central problem in every society and culture throughout the history. Property crimes consist of taking someone else’s money or property without using force.

property

Property crimes include:

  • Burglary
  • Theft
  • Arson
  • Larceny
  • Shoplifting
  • Vandalism

violence

Robbery is not regarded as a property crime, because it involves the use of force or threat of force, that’s why it is categorized as violent crime.

According to the FBI Crime Statistics there were in 2012,  8,975,438 property crimes with $15,5 billion calculated damages.

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