U.S. prosecutors claim Avenatti was more than $15 million in debt during alleged Nike extortion

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Stormy Daniels’ former lawyer calls claims ‘bogus’

Prosecutors say California attorney Michael Avenatti was more than $15 million in debt when he allegedly attempted to extort Nike for $25 million.California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald Trump, was more than $15 million in debt when he allegedly tried to extort as much as $25 million from Nike Inc, U.S. prosecutors claimed.

In a statement to Reuters late on Wednesday, Avenatti denied those claims and dismissed them as “bogus”.“Any claim that I was $15 million in debt is completely bogus, ludicrous and absurd. I can’t wait for the trial in this case, at which point the TRUTH and FACTS will come out and I will be fully exonerated,” Avenatti said in an emailed statement.

The celebrity lawyer is accused by prosecutors of demanding money from the athletic wear company in exchange for agreeing to scrap a threatened news conference to discuss Nike’s alleged improper payments to elite college basketball recruits. Since his March 25 arrest in the Nike case, Avenatti has defended himself against a variety of criminal charges.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm surprised that CNN & MSNBC did not help their star put of his jam. They even thought he could be President.

Yes, the virtues of a shrewd businessman who claims to know the law. Do not really believe knowledge of the law was meant to be profitable. Then again, a guy was executed a long time ago for accusing those who knew the law of not living or following the law. ..................

Avenatti is not someone I can feel sorry for...He is the ultimate manifestation of everything that is wrong in the current year...

'Don't worry, I know what I'm doing... don't worry, I know what I'm doing...'

Lol this guy sucks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Giuliani claims he's 'more of a Jew' than Holocaust survivor George SorosU.S. President Donald Trump's personal lawyer Rudy Giuliani claimed in a new interview that he's 'more of a Jew' than billionaire philanthropist George Soros, who is a Holocaust survivor. It is not news to repeat the idiotic words of morons. What is news is the dissection of the reasoning behind what Giuliani said. His reasoning in this case is simple. And attempt to hold himself as superior to other people. In Soros’s own words. I used to respect Rudi
Source: CTVNews - 🏆 1. / 99 Read more »