Beverly Hills RICO Lawyer

RICO Charges in Beverly Hills

RICO is an acronym for the Racketeer Influenced and Corrupt Organization Act, and was passed in 1970 in an effort by the federal government to fight organized crime outfits like the Mafia. While it was very successful, RICO violations still occur in large numbers. When a business is used to launder money which has been generated as a result of racketeering, the charges will be filed under the RICO act. Those who commit RICO crimes do so when they manipulate a business to hide the true source of income, and this is currently the most common form of the crime. If you or a loved one has been charged with a RICO crime, talk to a Beverly Hills criminal defense lawyer as soon as possible to discussion the options for your defense.

What are the penalties for RICO tax evasion?

The criminal penalties for RICO crimes are very harsh. Found guilty, defendants stand to lose all interests in the business used for purposes of money laundering including property, stocks in the company, or possessions confiscated and deemed to be found in relation to the crime. The maximum prison sentence is twenty years for one RICO charge, and fines of $250,000 or twice the amount of money involved. Property is commonly forfeited in cases of RICO crimes on top of the penalties.

RICO tax evasion is a serious offense and with it comes serious penalties. Found guilty, offenders can lose virtually everything. Mark Haushalter and Mark Okabe defend individuals facing RICO charges, and understand the complexities of a winning defense. Named Super Lawyers every year, the criminal defense team has an outstanding reputation throughout the legal community.

Contact a Beverly Hills RICO attorney from the law offices of Okabe & Haushalter as soon as possible.