Practice Areas - Civil Rico

Civil-RicoThe Racketeer Influenced and Corrupt Organizations (“RICO”) Act targets more than mob bosses and organized crime. It also applies to corporations that knowingly help others deceive and steal from consumers. Langer Grogan & Diver has had great success recovering the proceeds of such illegal activity. In one such action, the firm recovered over $150 million from Wachovia Bank on behalf of primarily elderly victims of mass-marketing fraud. Checks were mailed directly to approximately eight hundred thousand victims in the full amounts taken from their accounts.

The firm is currently prosecuting a case against Zions First National Bank for providing an allegedly criminal enterprise with access to the nation’s banking system. Reyes v. Netdeposit, LLC, __F. 3d __ (3d Cir. Sept. 2, 2015).

The firm’s work resulted in two New York Times exposes:

Charles Duhigg, “Bilking the Elderly, With a Corporate Assist,” New York Times, May 20, 2007, http://www.nytimes.com/2007/05/20/business/20tele.html.

Jessica Silver-Greenberg, “Banks Seen as Aid in Fraud Against Older Consumers,” New York Times, June 10, 2013, http://www.nytimes.com/2013/06/11/business/fraud-against-seniors-often-is-routed-through-banks.html

The firm also routinely advises other attorneys prosecuting civil RICO matters.

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Langer, Grogan & Diver P.C.
1717 Arch Street, Suite 4130
Philadelphia, PA 19103

Phone: 215-320-5660  |   Fax: 215-320-5703
email: contact@langergrogan.com
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