Avenatti indicted for ripping off Stormy Daniels, extorting Nike

Avenatti indicted for ripping off Stormy Daniels, extorting Nike

Michael Avenatti's legal problems continued to pile up Wednesday, with new federal charges in NY alleging he stole money from a book deal signed by his most famous ex-client, porn actress Stormy Daniels.

The indictments, one for the charges involving an unnamed client referred to as "Victim-1" and another for the Nike allegations, were filed in U.S. District Court for the Southern District of NY.

The documents say he "repeatedly lied... including by stating that he was working on getting the fees from [their] publisher, when, in truth and in fact, Avenatti had already received the fees and spent them on his own personal and professional expenses". "As alleged, he used his position of trust to steal an advance on the client's book deal", Manhattan U.S. Attorney Geoffrey S. Berman said.

"Far from zealously representing his client, Avenatti, as alleged, instead engaged in outright deception and theft, victimizing rather than advocating for his client", said Geoffrey S. Berman, the US attorney for the Southern District of NY. She received millions of dollars in legal services and we spent huge sums in expenses.

Avenatti also is accused of telling Nike he would hold a press conference and reveal that company employees were making improper payments to college basketball recruits unless the shoemaker paid him US$1.5 million and hired him and another attorney to conduct a US$25 million internal investigation.

Prosecutors said he later paid Daniels with money obtained from another source, so she would not realize it had been diverted.

"At no time was any money misappropriated or mishandled", he added. Prosecutors added that he stole almost $300,000 from Daniels and used it, among other things, to buy a Ferrari.

Avenatti gained prominence previous year when he began representing Daniels in a defamation lawsuit against Trump.

When the client asked Avenatti about the status of subsequent payments, he said the money had not yet been received, the indictment says.

That indictment charges Avenatti "would misrepresent, conceal, and falsely describe to the client" the details of their settlement and its funds, routing the money instead into accounts he controlled.

Avenatti has denied the allegations against him on both coasts, saying he expects to be exonerated. Daniels did not know of the existence of the letter, according to authorities.

AVENATTI is charged in the extortion indictment with one count of conspiracy to transmit interstate communications with intent to extort, which carries a maximum penalty of five years in prison, one count of conspiracy to commit extortion, which carries a maximum penalty of 20 years in prison, one count of transmission of interstate communications with intent to extort, which carries a maximum penalty of two years in prison, and one count of extortion, which carries a maximum penalty of 20 years in prison.

Daniels and Avenatti parted ways in March, and the porn star-turned-author hinted that she believed something was wrong.

The second, brought in California, charged him with embezzling a client's money "in order to pay his own expense and debts", and of "defrauding a bank in MS".

As Daniels' lawyer, Avenatti publicly taunted the president and his lawyers, winning fans among liberals and critics among fellow lawyers.

As if that weren't enough (and it was, he was facing a possible 50+ year prison sentence for all that), on Wednesday he was indicted on MORE charges.

Avenatti also feels he will be found innocent once contracts, emails, text messages, and documents are given to the jury.

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