Accountants are exempt from civil suits based on the Racketeering Influenced and Corrupt Organizations Act.

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Accountants are not exempt from civil suits under the Racketeering Influenced and Corrupt Organizations Act (RICO). The Act applies to any individual or entity engaged in racketeering activity, which includes a variety of criminal offenses such as fraud, money laundering, and bribery. If an accountant is involved in such activity, they can be held liable under RICO.

Accountants Are Exempt from Civil Suits Based on the Racketeering