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Unformatted text preview: According to the Supreme Court, the statutory language is not limited to the organized crime context. RICO has therefore been used to attack various sorts of alleged business fraud that have no connection with "the mob." Securities firms have been among the targets of these suits in recent years. 23. Neither Sham nor Alterego is entitled to resist the subpoena on Fifth Amendment grounds. Sham cannot do so because corporations do not have a Fifth Amendment privilege against self-incrimination. With Sham not having any Fifth Amendment privilege, Alterego is not allowed to use any personal right to prevent the disclosure of the corporate records of which he has custody, even though the records might tend to incriminate him. Answers to Student Study Guide and Workbook Questions 11...
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- Spring '09