Avenatti arrested and charged with extortion, embezzlement, bank and tax fraud

Celebrity lawyer Michael Avenatti, the subject of two separate criminal investigations, was arrested Monday in New York, where federal prosecutors in the Southern District charged him with attempting to extort more than $20 million from Nike.

“This was an old-fashioned shakedown,” Geoffrey Berman, U.S. attorney for the Southern District of New York told reporters at a Monday press conference. Nike, Berman said, contacted law enforcement and the FBI then recorded all subsequent conversations between Nike lawyers and Avenatti.“I’ll go take ten billion dollars off your client’s market cap ... I’m not f***ing around,” Avenatti told Nike’s lawyers, according to the complaint.

Something tells me that we have not reached the end of this scandal. It is likely far far broader than imagined...https://t.co/iPH2Q9yVY6 — Michael Avenatti March 25, 2019 In its own two-count felony complaint, prosecutors in Los Angeles detailed what it said were Avenatti’s plot to defraud a Mississippi bank using falsified tax information “to obtain millions of dollars in loans,” Avenatti also is charged with misappropriating a client’s settlement funds, using them to pay expenses for his coffee business, Global Baristas.

Silly

Strange world' is this a political hit? Needs to be asked. Nvrdrmp; 99%

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