Athens condo owners sue developer and others, alleging violations of state RICO Act (GA)

Owners of some of the condominiums in Athens’ intown Heritage Square neighborhood are suing local real estate investor and rental property owner Fred Moorman and other Heritage Square condominium owners.  The homeowners accuse Moorman of committing violations of Georgia’s civil Racketeer Influenced and Corrupt Organizations Act in an alleged scheme by Moorman to take over the neighborhood.  Broadly, Georgia’s RICO Act is designed to address “an interrelated pattern of criminal activity motivated by or the effect of which is pecuniary gain or economic or physical threat or injury,” according to the state code.     Read the article…………..


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