Securities fraud falls under the definition of racketeering for the purposes of the Racketeer Influenced and Corrupt Organizations Act.

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The Racketeer Influenced and Corrupt Organizations Act (RICO) specifically includes securities fraud as a form of racketeering activity. RICO is designed to combat organized crime and allows for the prosecution of individuals and organizations involved in a pattern of criminal activity. Securities fraud, along with other types of fraud and illegal activities, can be prosecuted under RICO if it is deemed part of a pattern of criminal behavior.

Securities Fraud Falls Under the Definition of Racketeering for the Purposes