Extortion Against A Financial Institution Under Wisconsin laws, Wisconsin Statute 943.86, extortion against a financial institution is a felony offense. Any person who, for the purpose of obtaining money, funds, credits, securities, assets, or propty owned by or under the custody or control of a financial institution threats to cause bodily harm to an owner, employee, or agent of a financial instituion or to cause damage to property owned by or under the custody or control of the financial institution is guilty of extortion. Extortion against a financial institution is a Class H Felony. Loan Sharking Prohibited Loan sharking is an extortionate extension of credit that is made with an understanding between the creditor (loan provider) and debtor (loan recipient) that delay in making repayment on the load or failure to make repayment could result in the creditor using violence or other criminal means to cause harm to the loan recipient, to the loan recipient's property, or to the loan recipient's reputation, or to the person, property or reputation of the loan recipient's family or any other person. An extortionate means is any means of threat or use of violence, including explicit verbal threats, bodily actions that imply a threat, verbal implications of a threat, or an actual use of violence. Loan sharking (or extortion through loaning) is a Class F Felony. Any person who conspires to loan money through an extortionate means, and performs even a single act towards completing the crime, is also at risk of being charged with the full crime (also a Class F Felony). Threats to injure or accuse of Crime It is illegal to make a verbal, written or printed communication that maliciously accuses or threatens to accuse another person of a crime or offense, or that threatens or commits an injury upon another person, property, business, profession, calling or trade, or the profits and income of any business, profession, calling or trade of another person for the purpose of extorting money or any pecuniary advantage whatsoever, or with an intent to compel the threatened person to do some act against his or her will, or refrain from doing some lawful act. Wisconsin law extends the prohibition of extortion to commerce and business, the delaying of any commodity in comerce or business, to petit or grand jurors in their performance as jurors, to any official of any public office, and to the health care records of any person. Extortion threats to injure or accuse of crime are a Class H Felony. Extortion threats to communicate derogatory information It is illegal under Wisconsin laws to threaten to communicate to anyone information, whether true or false, which may injure the reputation of the threatened person or another unless the threatended person transfers proerpty to a person known not to be entitled to the property. Extortion by means of threats to communicate derogatory information is a Class I Felony. extortion for false testimony A threat to give false testimony unless paid is a threat under the extortion laws of Wisconsin. It is a Class I Felony. Physical Proximity With Threat The threat of an extortion need not occur in Wisconsin to support an action being brought by a prosecuting attorney within Wisconsin. extortion and robbery separate Extortion is not a lesser crime to robbery; therefore, a person can be charged with both the crime of extortion and the crime of robbery. Timing of threat & transfer of property Under Wisconsin law, the threat for extortion need not occur at the same time as the transfer of property. In an extortion, the threats and the transfer of property seldom occur at the same time; threats are most often made for some future harm and some future transfer of property. Free but professional "first-impression" analysis If you are under investigation for extortion, if you have been arrested for extortion, or if you have already been convicted for extortion and believe your conviction to be wrong or your sentence too harsh, please call (608) 350-1004 or email the Attorneys at Tracey Wood & Associates right away. An Attorney at Tracey Wood & Associates will provide you with a brief but professional free "first-impression" analysis of your appeal based on the facts that you are able to convey. You can also submit your case online or email the attorneys.
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Please take notice that although the law firm of Tracey Wood & Associates website contains a large amount of accurate and useful legal information about drunk driving, OWI, DUI, Sex Crimes, Expungement and other serious crimes, it is not intended to be used as legal advice. Only an attorney can counsel you on your specific case. Please contact the attorney at Tracey Wood & Associates immediately should you find yourself charged with a Drunk Driving in Wisconsin, a DUI (Driving Under the Influence), OWI (Operating Under the Influence) or any other serious crime in Wisconsin at (608) 350-1004. Even if your researching drunk driving laws or sex crime laws in Wisconsin, Lawyer Tracey Wood can assist you.