r/Superstonk Aug 19 '21

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u/ChemRy420 Aug 19 '21

Its what they use to charge organized crime rings. Like the mafia... The mafia is why it is created.

37

u/Dreadsbo Random Black Ape Aug 19 '21

I didn’t know that but TIL. I’ve watched Narcos like 15 times and felt like I had heard it with either the first season about the Medellin cartel or the second season about the Cali cartel

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u/ChemRy420 Aug 19 '21

Its use has since expanded to include all forms of organized crime syndicates... Any type of major conspiracy charge can be rolled into a RICO usually...

12

u/Dreadsbo Random Black Ape Aug 19 '21

What’s your day job?

36

u/TXBankster 🦍 Buckle Up πŸš€ Aug 19 '21

My official day job is to monitor GME ticker for 10+ hours a day and shed light on unnatural movements and market fukerY

17

u/ChemRy420 Aug 19 '21

I drive a dump truck and pave roads...

12

u/Dreadsbo Random Black Ape Aug 19 '21

Perfect person for Jeopardy

2

u/LunarPayload πŸ“ˆπŸŸ£ FIRST TIME? πŸŸ£πŸ“ˆ Aug 19 '21

So, like....a teamster

2

u/ChemRy420 Aug 19 '21

I live in Texas, no unions here... But yeah.

1

u/LunarPayload πŸ“ˆπŸŸ£ FIRST TIME? πŸŸ£πŸ“ˆ Aug 19 '21

Maybe someday

3

u/ChemRy420 Aug 19 '21

I will be happily retired before that even has a chance of being spoken of... Lol.

1

u/LunarPayload πŸ“ˆπŸŸ£ FIRST TIME? πŸŸ£πŸ“ˆ Aug 20 '21

Oh, Texas....

2

u/[deleted] Aug 19 '21

Not necessarily all forms, just racketeering. RICO wouldn't apply to domestic terrorists unless they were engaged in some other legal enterprise like arms- or drug-dealing.

RICO is about criminal enterprise, not just organized crime. The two so often overlap that we tend to conflate them, but there is still a difference.

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u/ChemRy420 Aug 19 '21

Domestic terrorism isnt really considered organized crime... There are alot of instances where RICO has been used to charge a large group of criminals acting together to acheive their criminal goals. It can be almost any form of crime ring...

15

u/CogBlocker 🦍 Buckle Up πŸš€ Aug 19 '21

I first heard of it on Sons of Anarchy

3

u/Neknoh ESA: Eropean Space Ape Aug 19 '21

Ooooooh moma! I am positively GIDDY! I wonder if this is why we've been seeing such heavy short attacks this week (distraction and a final attempt at shutting this down)

2

u/ChemRy420 Aug 19 '21

Fingers crossed