Thank goodness! The day is almost over at Gimme & Aye… or so you thought. You...

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Finance

Thank goodness! The day is almost over at Gimme & Aye… or soyou thought. You have been interning at the Law Offices of Gimmeand Aye for the summer, and you have been exposed to many legalissues. The hours have been long, but rewarding. As you daydreamabout your upcoming weekend, Bob busts into the office. Bob’sreputation precedes him. He has a track record of getting himselfinto trouble. Jim, the boss, flags you over. Jim: “I know Bob gothimself into trouble again. Take his statement, ask questions asyou need, then come back to me for further instructions.” You sitwith Bob to take his statement. You: “Hello Bob, I am here to takeyour statement.” Bob: “Hi there, I may have gotten myself intotrouble. I am out on bail. I came straight here as soon as Icould.” You: “Do you know why you were arrested?” Bob: “They saidsomething about a RICO violation. Then they brought a few otherthings that I had done, and yada yada, bla bla” You: “Well whydon’t you take it from the top, so that we can analyze thisbetter?” Bob: “Okay, Here is goes. I worked at the Bait shop forabout a year and half. Everything was going well in the beginning.I handled the financing, and other money stuff, while the otheremployees handled the other customer-facing parts of the business.“ “Then one day, I found out how much the business owner wasmaking. Then I compared it to how much I was making. It made myblood boil. So, I starting to move the money around to that I couldtake a little extra for myself. The business owner never found outuntil recently.” “Then, the business owner, went and opened anotherstore across town. He then sold to me the original store. So, Ithought to myself, ‘what am I going do with this store? I wouldrather just have some money.’ And that is when it hit me. If therewas ‘an accident’, then I could just collect on the insurancemoney. So I struck a match, dropped it, and let the place burn toground.” “I was okay with what I did, but I thought now I have themoney that I took when I handled financing, and the insurancepayout – I am going to have to do something with this money to makeit legit. So, I invested it in a coffee shop that was one townover.” “I am not sure how the law caught up with me, but they did,and they keep talking out RICO. I don’t have much else to tellyou.” You: “Okay think that is all that I need to get started.Thank you.” Bob leaves, and you report back to Jim. Jim: “At firstglance, this is a RICO violation. For your report I will need thefollowing:” (Answer the following question using fact pattern aboveand the information found in Chapter 7) 1. There two steps toproving a RICO case, so explain what they are. 2. Fully explainBob’s actions (including the correct crimes and definitions) , andexplain how it all fits into the two steps of RICO. 3. I will needa minimum of three Paragraphs for your report. Also write incomplete sentences and DO NOT uses lists.

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The two steps of proving a RICO Racketeer Influenced and Corrupt Organizations Act case are proof of an enterprise and proof of a pattern of racketeering activity Enterprise is defined as a legal entity This entity can be in the form of a corporation or a partnership or any other    See Answer
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Transcribed Image Text

Thank goodness! The day is almost over at Gimme & Aye… or soyou thought. You have been interning at the Law Offices of Gimmeand Aye for the summer, and you have been exposed to many legalissues. The hours have been long, but rewarding. As you daydreamabout your upcoming weekend, Bob busts into the office. Bob’sreputation precedes him. He has a track record of getting himselfinto trouble. Jim, the boss, flags you over. Jim: “I know Bob gothimself into trouble again. Take his statement, ask questions asyou need, then come back to me for further instructions.” You sitwith Bob to take his statement. You: “Hello Bob, I am here to takeyour statement.” Bob: “Hi there, I may have gotten myself intotrouble. I am out on bail. I came straight here as soon as Icould.” You: “Do you know why you were arrested?” Bob: “They saidsomething about a RICO violation. Then they brought a few otherthings that I had done, and yada yada, bla bla” You: “Well whydon’t you take it from the top, so that we can analyze thisbetter?” Bob: “Okay, Here is goes. I worked at the Bait shop forabout a year and half. Everything was going well in the beginning.I handled the financing, and other money stuff, while the otheremployees handled the other customer-facing parts of the business.“ “Then one day, I found out how much the business owner wasmaking. Then I compared it to how much I was making. It made myblood boil. So, I starting to move the money around to that I couldtake a little extra for myself. The business owner never found outuntil recently.” “Then, the business owner, went and opened anotherstore across town. He then sold to me the original store. So, Ithought to myself, ‘what am I going do with this store? I wouldrather just have some money.’ And that is when it hit me. If therewas ‘an accident’, then I could just collect on the insurancemoney. So I struck a match, dropped it, and let the place burn toground.” “I was okay with what I did, but I thought now I have themoney that I took when I handled financing, and the insurancepayout – I am going to have to do something with this money to makeit legit. So, I invested it in a coffee shop that was one townover.” “I am not sure how the law caught up with me, but they did,and they keep talking out RICO. I don’t have much else to tellyou.” You: “Okay think that is all that I need to get started.Thank you.” Bob leaves, and you report back to Jim. Jim: “At firstglance, this is a RICO violation. For your report I will need thefollowing:” (Answer the following question using fact pattern aboveand the information found in Chapter 7) 1. There two steps toproving a RICO case, so explain what they are. 2. Fully explainBob’s actions (including the correct crimes and definitions) , andexplain how it all fits into the two steps of RICO. 3. I will needa minimum of three Paragraphs for your report. Also write incomplete sentences and DO NOT uses lists.

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