Former President Donald Trump has announced that billionaire financier George Soros and his affiliated organizations will face investigation under the federal RICO (Racketeer Influenced and Corrupt Organizations) Act. Trump alleged that Soros is responsible for funding and training young activists across the country, accusing him of fueling unrest and extremism in what he described as a coordinated campaign.
“This is not about free speech or philanthropy—this is about criminal activity,” Trump said. He argued that Soros’ influence operations amount to organized crime, warning that the U.S. would no longer allow billionaires to “destabilize the nation by funding chaos.”
The RICO Act, originally designed to dismantle mob syndicates, allows prosecutors to target leaders who direct or benefit from unlawful activity carried out by networks of associates. If applied to Soros’ web of nonprofits and advocacy groups, it could potentially bring wide-ranging indictments against multiple entities and individuals.
The announcement has drawn sharply divided reactions. Supporters say the move represents overdue accountability for Soros’ global political influence. Critics, however, warn that such an unprecedented application of RICO could escalate into a major political and legal battle with far-reaching consequences. The investigation is in its early stages, and observers expect a contentious fight ahead.