Federal law lists 35 crimes that are considered racketeering. These crimes include gambling, killing, abducting, drug selling, and taking bribes.
At first, the rule was meant to catch criminals. Under the Racketeer Influenced and Corrupt Organizations Act (RICO), former U.S. Attorney Rudolph Giuliani charged the leaders of New York City’s “Five Families” in 1987. Under RICO, eight of these individuals were found guilty. This week, a grand jury in the state of Georgia charged Trump with breaking O.C.G.A. 16-14-4(c), which is the state’s RICO act.
Georgia lawmakers enacted the law in 1980. They made it so that anyone who “engages in a pattern of racketeering activity” to get or keep “interest in or control any kind of enterprise, real property, as well as personal property of any kind, which includes money,” is breaking the law.
According to Breitbart News, the Georgia case uses the state’s RICO act, which is the kind of law that is used to go after mob bosses who run big crime operations. Alan Dershowitz, a professor at Harvard School of Law, said that RICO cases are often thrown out on appeal.
Comer, who was on the board of a bank for ten years, says that Hunter Biden broke federal RICO law in an entirely different manner than the Fulton County prosecuting attorney says Trump did. He thinks that the Biden business set up more than 20 fake companies as part of a complicated plan to conceal payments as well as launder money.
In July, Comer declared on the Verdict with Ted Cruz, “When you build up a lot of shell corporations for the specific goal of laundering money, that is racketeering.”
Comer said last week that the Biden family business got more than $20 million from Ukraine, Russia, and Kazakhstan through bank transfers while President Biden was still vice president.
Two groups of Biden’s business bank information were shown to the public by the committee. These records showed that business plans in Romania and China gave at least $10 million to the Biden company. In all, nine Biden family members got money from the family’s foreign business interests. Two of Joe Biden’s grandkids were among them.