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 ...
So Mr Lawyer, you snake, who supported you in your case against the POTUS?
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.
50 years in prison. Sounds about right for a scumbag.
What'd'ya' talkin' about? The guy has all the qualifications necessary to be a top Dimmocrap candidate.
He truly is most qualified to be the democrat presidential nominee.
Even better if he’s a convicted felon. He can still run.
I’m pretty sure being a felon disqualifies one for running for POTUS.
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.
Laws don’t apply to Democrats.
Should have gotten advice from Jesse Jackson.
Democrat lawyer dirtbag.
He’s in the Slimy Porn Lawyers Cabal ...
Stormy fired him a few months ago.
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
Verified account @StormyDaniels
My statement regarding my former attorney Mr. Avenatti..
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.
CNN CONTRIBUTOR MICHAEL AVENNATI
He made almost 200 appearances last year... that’s well past a contributor.
It takes a Creepy Porn Lawyer to make me feel sorry for Stormy Warren!
I wonder how Jussie Smollett feels about this ??
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