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Extortion

Extortion and bribery are the main forms of corruption. Bribery is the offering, promising, giving, or authorizing of any undue pecuniary or other advantage to a public official, a politician, a candidate, or a manager or employee of a company to obtain or retain a business or other improper advantage, for example, in connection with public or private procurement contract awards, regulatory permits, taxation, customs, or judicial and legislative proceedings. Extortion or solicitation is the demanding of a payment or bribe, whether or not coupled with a threat if the demand is refused. In bribery, the payer is the one who takes the initiative; in extortion, the initiative is taken by the person who receives the money or favor. It is often difficult to differentiate ...

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