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Unformatted text preview: person. The evidence showed that Ballistrea and Ricotta distributed literature and audiotapes to many potential downstream distributors and customers--some of whom were undercover Government agents--touting the REM and the Miracle Cream as having medicinal effects. Other literature claimed that the Miracle Cream could alleviate the discomforts of premenstrual syndrome and reverse the effects of osteoporosis. Ballistrea and Ricotta were convicted of violating. 9. It may be money laundering. 11. No, he was crime. Racketeering is the act of operating an illegal business or scheme in order to make a profit, perpetrated by a structured group. Racketeering encompasses many criminal acts. It includes theft and fraud against businesses or individuals. Chaussee sold franchises to a number of persons authorizing then to sell a product that did not exist. So he was convicted of racketeering....
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This note was uploaded on 07/25/2011 for the course ACCT 200 taught by Professor Minliu during the Spring '11 term at Universidad Europea de Madrid.
- Spring '11