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Michael Avenatti Arrested On Wire, Bank Fraud Charges In Alleged Nike Extortion Scheme
CBS ^ | March 25, 2019

Posted on 03/25/2019 11:42:12 AM PDT by COUNTrecount

LOS ANGELES (CBSLA) – Attorney Michael Avenatti has been arrested on federal wire and bank fraud charges, authorities announced Monday.

The charges were announced by the U.S. Attorney’s Office Central District of California.

Avenatti, 48, of Century City, was arrested Monday on a two-count felony complaint alleged wire fraud and bank fraud, according to U.S. Attorney Nicola Hanna.

Avenatti also was arrested in a separate federal case filed in New York, he was accused of threatening to use his ability to get publicity to harm Nike. Prosecutors say he demanded that the apparel company give him $10 million.

If convicted on both charges, Avenatti would face up to 50 years in federal prison.

At a news conference Monday morning, federal prosecutors said Avenatti’s alleged financial crimes funded a “lavish lifestyle” that included more than $200,000 in monthly expenditures and owning a $5 million home in Laguna Beach.

According to prosecutors, Avenatti negotiated a settlement which called for $1.6 million in settlement money to be paid on January 10, 2018, but then gave the client a bogus settlement agreement with a false payment date of March 10, 2018.

The criminal complaint alleges Avenatti misappropriated his client’s settlement money and used it to pay expenses for his coffee business, Global Baristas US LLC, which operated Tully’s Coffee stores in California and Washington state, as well as for his own expenses.

(Excerpt) Read more at losangeles.cbslocal.com ...


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To: COUNTrecount

So Mr Lawyer, you snake, who supported you in your case against the POTUS?


21 posted on 03/25/2019 11:53:32 AM PDT by crz
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To: COUNTrecount

Doesn’t he know he’s not the right...complexion...to be doing shakedowns of corporations?

He needed to identify as black FIRST, then do the Jesse Jackson/Al Sharpton two step.


22 posted on 03/25/2019 11:53:33 AM PDT by HombreSecreto (The life of a repo man is always intense)
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To: CatOwner

50 years in prison. Sounds about right for a scumbag.


23 posted on 03/25/2019 11:54:24 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: arista
"Imma go out on a limb and predict this guy isn’t going to be president."

What'd'ya' talkin' about? The guy has all the qualifications necessary to be a top Dimmocrap candidate.

24 posted on 03/25/2019 11:54:36 AM PDT by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne)
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To: COUNTrecount

He truly is most qualified to be the democrat presidential nominee.


25 posted on 03/25/2019 11:55:39 AM PDT by ConservaTexan (February 6, 1911)
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To: mass55th

Even better if he’s a convicted felon. He can still run.


26 posted on 03/25/2019 11:56:06 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop

I’m pretty sure being a felon disqualifies one for running for POTUS.


27 posted on 03/25/2019 12:00:19 PM PDT by Boomer (Islam and the democrats are the biggest threats to the American way of life.)
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To: RedMonqey
I kinda of “snickered” at some Freepers’ opinion that Trump was divinely aided. Now I have to rethink this. David, who was no saint, found favor in the Lord’s eye. Maybe Trump is today’s “David” One by one everyone of the Left’s heros are going down and going down hard. Mueller this weekend and the media narrative(Russia, Russia, Russia) Avennetti today. Is this the “Great Cleansing”?

Hasn't Nike become a politically correct hero company? They've already paid their extortion money to bigger fish than Avenatti. See the Kaepernick deal for example.

I would say this is nothing more than a turf battle on the left.

28 posted on 03/25/2019 12:02:19 PM PDT by FreeReign
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To: Boomer

Laws don’t apply to Democrats.


29 posted on 03/25/2019 12:03:14 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: COUNTrecount

Should have gotten advice from Jesse Jackson.


30 posted on 03/25/2019 12:03:33 PM PDT by TangoLimaSierra (To the Left, The truth is Right Wing Extremism.)
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To: COUNTrecount

Democrat lawyer dirtbag.


31 posted on 03/25/2019 12:05:41 PM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: PGR88

He’s in the Slimy Porn Lawyers Cabal ...


32 posted on 03/25/2019 12:07:23 PM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: FreeReign

33 posted on 03/25/2019 12:13:33 PM PDT by COUNTrecount (If only Harvey Weinstein's bathrobe could talk.)
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To: Timocrat

Stormy fired him a few months ago.

https://www.dailymail.co.uk/news/article-6848519/Michael-Avenatti-charged-four-counts-wire-bank-fraud-trying-extort-20M-Nike.html


34 posted on 03/25/2019 12:18:05 PM PDT by Cecily
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To: COUNTrecount

But, WAIT ... it gets better!

https://twitter.com/RealSaavedra/status/1110254475426422784

Ryan Saavedra
Verified account
@RealSaavedra

BREAKING: The Wall Street Journal reports that the alleged co-conspirator with Michael Avenatti in the federal extortion case is celebrity attorney Mark Geragos.

Geragos is a CNN legal analyst and also represents Jussie Smollett.

11:57 AM - 25 Mar 2019


35 posted on 03/25/2019 12:18:52 PM PDT by maggief
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To: Timocrat
Stormy Daniels

Verified account @StormyDaniels

My statement regarding my former attorney Mr. Avenatti..


36 posted on 03/25/2019 12:19:04 PM PDT by COUNTrecount (If only Harvey Weinstein's bathrobe could talk.)
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To: maggief

This could be a twofer. Jussie might need to hire another attorney.

Wonder if they can connect Gloria Allred to this scam. That would be a trifecta.


37 posted on 03/25/2019 12:23:35 PM PDT by Gahanna Bob
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To: maggief

CNN CONTRIBUTOR MICHAEL AVENNATI

He made almost 200 appearances last year... that’s well past a contributor.


38 posted on 03/25/2019 12:25:34 PM PDT by COUNTrecount (If only Harvey Weinstein's bathrobe could talk.)
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To: COUNTrecount

It takes a Creepy Porn Lawyer to make me feel sorry for Stormy Warren!


39 posted on 03/25/2019 12:28:57 PM PDT by SamAdams76
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To: COUNTrecount

I wonder how Jussie Smollett feels about this ??


40 posted on 03/25/2019 12:31:04 PM PDT by Texan4Life
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