What is the difference between bribery and extortion?

Bribery and extortion are two forms of criminal activity that are very similar, but there are some key differences that distinguish them from one another. Bribery is the act of offering something of value in exchange for an act that is illegal, unethical, or otherwise wrong. This act must involve a person who has power or influence over the person who is offering the bribe. In North Carolina, bribery is a felony and is punishable by up to 15 years in prison or a fine of up to $10,000. Extortion, on the other hand, involves the threat of harm or the promise of benefit in exchange for something of value. While a bribe involves offering something of value, extortion involves threatening something in order to get what they want. In North Carolina, extortion is a felony and is punishable by up to 33 months in jail or a fine of up to $25,000. In summary, bribery involves offering something of value in exchange for an illegal act, while extortion involves threatening harm or promising benefit in exchange for something of value. Both are punishable as felonies in North Carolina and can carry heavy penalties.

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