Statutes and Enforcement, Organized Crime Finance & Accounting Coursework
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This offense is important because these mob group activities kept other companies from competing in Galante's area without paying him and drove up prices for customers (FBI, 2008). His offenses fell under the Racketeer Influence and Corrupt Organization, or RICO, statute (18 U.S.C 1961-1967) due to his committing extortion and bribery, violated the Internal Revenue Code, and even could fall under the Hobbs Act (FBI, 2008; Abadinsky, 2010, pp 363-368).