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extortionist (n.)

"one who extorts something from another, or makes an extortionate demand or charge," 1824, from extortion + -ist. Earlier in the same sense were extorter (1590s), extortioner (late 14c.).

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Definitions of extortionist from WordNet

extortionist (n.)
a criminal who extorts money from someone by threatening to expose embarrassing information about them;
Synonyms: blackmailer / extortioner
From wordnet.princeton.edu