The Racketeer Influenced and Corrupt Organizations Act was passed to deter corruption by requiring the forfeiture of illegal gains.

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The Racketeer Influenced and Corrupt Organizations Act (RICO) was passed in 1970 to combat organized crime by allowing for the prosecution and forfeiture of assets acquired through illegal activity. Its provisions also apply to white-collar crimes such as fraud and bribery. Therefore, the statement that RICO was passed to deter corruption by requiring the forfeiture of illegal gains is true.

The Racketeer Influenced and Corrupt Organizations Act Was Passed to Deter