As seen on:
1610 Southern Blvd.
West Palm Beach, FL
Board Certified Criminal Trial Specialist
The crime of extortion is found in 18 USC Section 894. It is illegal for a person to collect or attempt to collect an extension of credit by exhortation. Under this law, credit extension includes the renewal of any loan or entering into an agreement where the repayment will be deferred.
The crime is not limited the lawful collection of a debt. It is also utilized for the prosecution of a person who uses extortion to collect a gambling debt or recover embezzled money.