Bulger Trial Begins in Boston

The long anticipated trial of James “Whitey” Bulger began this week in federal court in Boston. Bulger is charged with multiple federal crimes including racketeering charges under the federal RICO statute. Bulger, a longtime Boston underworld kingpin, allegedly cooperated with corrupt law enforcement agents to provide information against competing Boston gangsters and in return was […]

Federal Authorities Seek Top Russian Mobster on Fraud Charges

Federal investigators are seeking reputed Russian crime boss Semion Mogilevich on a 45 count indictment charging Mogilevich and others with racketeering (RICO), securities fraud, wire fraud, mail fraud, and money laundering. The charges allege that Mogilevich owned a company called YBM, which purportedly manufactured magnets. YBM was a public company traded on the Ontario, Canada, […]

Proving Civil RICO

The Racketeer Influenced and Corrupt Organizations (“RICO”) statute provides a powerful tool for civil litigants. The act is not merely a governmental weapon to use against racketeers and other criminals. In the civil context the statute allows for the recovery of triple damages and attorneys’ fees by the successful plaintiff. A RICO suit must prove […]