The federal Racketeer Influenced and Corrupt Organizations (RICO) Act, enacted in 1970, stands as a formidable weapon in the fight against organized crime. This law empowers prosecutors to dismantle criminal organizations and seize their illicit gains. The RICO Act has been instrumental in prosecuting a wide range of criminal activities, encompassing drug trafficking, money laundering, fraud and corruption.

In response to the growing threat of organized crime, Florida enacted its own RICO statute, known as the Florida Racketeering Act (FRA). This state law mirrors the federal RICO Act, enabling state prosecutors to pursue RICO charges against individuals or organizations for allegedly engaging in a pattern of racketeering activity.

Florida's RICO Act encompasses a broad spectrum of criminal offenses, including:

• Illegal gambling — Operating or participating in illegal gambling businesses
• Prostitution — Running a prostitution ring or engaging in prostitution for profit
• Loan sharking — Lending money at exorbitant interest rates
• Arson — Intentionally setting property on fire for insurance fraud or other criminal purposes
• Tax evasion — Willfully failing to pay taxes
• Fraud — Schemes to deceive or defraud victims, such as investment scams, insurance fraud and identity theft
• Extortion — Using threats or violence to extract money or property from others
• Drug trafficking — The illegal manufacture, distribution, or sale of controlled substances
• Money laundering — The process of concealing the origins of illegally obtained money
• Corruption — Utilizing bribery or other corrupt means to influence government officials

Convictions under Florida's RICO Act carry severe penalties, including up to 30 years in prison for a first-degree felony RICO conviction, $10,000 in fines and seizure of any property acquired through racketeering activity.

If you have been charged with a crime that falls under Florida's RICO Act, it is crucial to seek legal representation from a qualified criminal defense attorney. An experienced attorney can help you understand the complexities of RICO charges, protect your rights and build a strong defense strategy.

The Law Offices of Tad A. Yates, P.A. in Florida defends clients against a wide range of criminal charges, including those that are charged under the state’s RICO act. To discuss your matter with Mr. Yates at his Orlando office, call 407-608-7777 or contact us online.