In the realm of combating organized crime and corruption, the Racketeer Influenced and Corrupt Organizations (RICO) Act stands as a formidable legal instrument. Originally enacted in 1970, this federal statute has been pivotal in targeting various criminal enterprises, including white-collar crimes.

In Chicago, a city with a complex socioeconomic landscape, understanding the implications of the RICO Act on white-collar crime cases is crucial. Let’s delve into the intricacies of this legislation, its application, potential penalties, defense strategies, and the significance [...]

Just because a crime doesn’t involve violence, that doesn’t mean the penalties will be any less severe.

If you commit a white collar crime – a nonviolent, financially motivated crime such as fraud, embezzlement, bribery, money laundering, forgery, and others – you could be punished with a number of consequences, including:

Expensive fines as high as $1 million for certain offenses such as bank fraud Lengthy prison sentences Restitution – paying back the money you appropriated for yourself