In 1970, Congress enacted the Racketeer Influenced and Corruption Organizations (RICO) Act, and includes a civil provision within Title IX of the Organized Crime Control Act of 1970. In addition to the federal RICO Act, Georgia has enacted its own RICO Act. Although originally intended to target the criminal aspect of organized crime, the law also allows civil claims arising from various acts including wire fraud, mail fraud, financial crimes, bank fraud, securities fraud, investment fraud, money laundering, bribery, extortion, embezzlement, kickbacks, robbery, and counterfeit trademark and labelling violations. RICO permits an injured party to collect triple the damages it can prove. In addition, there is typically a criminal prosecution on a parallel track with the civil RICO claim that must be managed.
We represent clients in federal and Georgia RICO cases, both on behalf of injured persons and businesses and those accused of committing RICO Act violations. A party injured by another’s RICO Act violations often has substantial damages, and for a business, can involve the loss of one’s life-long work to grow a company. GDCR’s attorneys are experienced in counseling and representing businesses in aggressively pursuing those who have caused significant damage and mitigating any potential further loss from such wrongful conduct and also those accused of violating the RICO Act and who are facing life-altering consequences, both to their financial well-being and their liberty.