The RICO Act focuses specifically on racketeering, and it allows the leaders of a syndicate to be tried for the crimes which they ordered others to do or assisted them, closing a perceived loophole that allowed someone who told a man to, for example, murder, to be exempt from the trial because he did not actually commit the crime personally.
Under RICO, a person who has committed “at least two acts of racketeering activity” drawn from a list of 35 crimes—27 federal crimes and 8 state crimes—within a 10-year period can be charged with racketeering if such acts are related in one of four specified ways to an “enterprise”. Those found guilty of racketeering can be fined up to $25,000 and sentenced to 20 years in prison per racketeering count. In addition, the racketeer must forfeit all ill-gotten gains and interest in any business gained through a pattern of “racketeering activity.”
John Key will join more than 40 other heads of state and government at this week’s at the 45th World Economic Forum from January 21-24 at Davos-Klosters, Switzerland.
Among world leaders will be French President François Hollande, German Chancellor Angela Merkel, US Secretary of State John Kenny and South African President Jacob Zuma.
The topic for this year is the “global context,” which consists of 10 issues: environment and resource scarcity; employment skills and human capital; gender parity; long-term investing, infrastructure and development; food security and agriculture; international trade and investment; future of the internet; global crime and anti-corruption; social inclusion; and future of financial systems.
“Davos is an ideal platform to engage with key international influencers, on a wide range of issues of global importance, as well as to meet bilaterally with international counterparts,” says Mr Key.