YES, extortion can and will happen in any business of modern society. Extortion happens when information or property in obtained by violence, threat to harm reputation, or by… theft. Go eff yourself. (MORE)
It refers to the appropriation of someone else's property (money or other material) through the use of threats or violence. According to the Oxford Guide "American Law," extor…tion is a property crime under "theft". One distinction between extortion and coercion is that property is sought or obtained through extortion, whereas coercion applies to a forced action. A confession to a crime may be inadmissable if coerced (forced). (MORE)
The mobsters were found guilty of money laundering and extortion. If you are talking about the penalty, it is usually 1 year in prison but could differ depending on the exte…nt of extortion. (Extortion is an unlawful attempt to collect money) Notice how i said attempt because the money doesn't even have to be collected to be considered extortion. (MORE)
I can give you several sentences. .
People who extort money or services by force are breaking the law. .
The mob will extort part of your profits if you open a store in th…at part of town. .
I will not let you extort any more services from that business. (MORE)
An example of extortion would be when criminal robs a bank by giving a banker a threatening note. The criminal used the tactic of fear to coerce the banker in giving him the m…oney without making a scene. Extortion is considered a federal crime because one uses the threat of violence to receive money or other items. (MORE)
No... they are in some way kind of opposites... Extortion is that a threat of some kinda has been made, and unless some sort of payment is made. The threat will be carried… out. Bribery is a payment of some kind is offered to persuade someone to do something you want them to do. An example, "If you don't give me $100, I will tell the teacher you cheated"... this is extortion... "I will give you $100 if you don't tell the teacher I cheated"... this is bribery... (MORE)