“Robbery” and “extortion” are two very different crimes, and the punishment and insurance coverage for them are entirely different. One should be well aware of the differences between them for demanding the right punishment for the crime as well as for insurance reasons.
Robbery
“Robbery” is defined as when somebody takes anything of value from
another person by threatening him, using force and intimidation, or any other
kind of violence to get what he wants. In a robbery there is a victim. A “stickup
or a “holdup” are two common examples of a robbery where victims are threatened
to hand over valuables. Robberies are
categorized into different categories. It is considered a felony. The degree of
the crime is decided as per the laws of a particular state/country. Each state/country
has different laws. The degree of the felony is based on whether there was the
presence of an accomplice or not, the kind of weapon that was used, and the
amount or degree of violence used against the victim.
Different types of robbery include: [Classes are for
crimes committed in the USA]
Class A felony -Aggravated robbery- This kind of robbery refers to the
victim believing that a deadly weapon was present and could have been used to
harm him and the presence of an accomplice. With the punishment commonly set at
life imprisonment.
Class B felony- The Class C
felony refers to intimidation and the use of a deadly weapon. This is
punishable by law up to 40 years in jail. If the convict has prior charges then
years of punishment are added to the sentence.
Class C felony- This kind of
robbery refers to a felony where a physical assault was used or the victim was
threatened with assault without the presence of a weapon. This felony is
punishable by law up to 15 years in jail.
Extortion
Extortion refers to a person forcing another person to do something
against the will by using threat to property or threat to the personal
reputation or violence, sometimes financial damage or hardship. Usually money
is involved, for example blackmailing and racketeering. The difference between
robbery and extortion is that in robbery there is immediate threat to the
victim whereas, in extortion the victim often willingly hands over money or
property or valuables to avoid future violence or damage. For extortion, the punishment is imprisonment
or fine or in some cases both. Every state and country has a different law.
When the extortion has been committed by a public officer, the penalty or
punishment may include forfeiture of office, and imprisonment, which also
depends on the circumstances and nature of the offense.
Thus:
·
In robbery the property or valuables are taken
away from the victim without his consent.
·
In extortion the property or valuable are taken
away from the victim with his consent, though it is unwilling.
·
In robbery the victim experiences immediate
physical threat; in extortion the victim experiences immediate as well as
future threat of different varieties like loss of money, reputation, life of a
loved one etc.


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