Michael Avenatti convicted of trying to extort Nike

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Michael Avenatti, the lawyer who represented a porn star in a lawsuit against President Trump, was found guilty of trying to extort Nike.

A New York federal jury on Friday found Avenatti guilty on three counts, including extortion, wire fraud and transmission of interstate communications with intent to extort.

He faces up to a combined 42 years in prison.

Avenatti, 48, who did not testify in the case against him, pleaded not guilty to charges alleging that he tried to extort up to $25 million from Nike by threatening to expose corruption at the sports footwear company unless he was allowed to conduct an internal probe of Nike.

 

https://www.foxnews.com/us/michael-avenatti-convicted-of-trying-to-extort-nike

 

Could spend the rest of his life in prison when all charges/convictions are tallied up later.

 

15 million in debt, tries to extort Nike.. lol.

 

Still facing more charges in stealing from Stormy, embezzlement/tax fraud/bankruptcy fraud in CA, money stolen from clients used to fund private jets, and so on.

 

Fitting that this guy was the left's darling.

 

 

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If you wonder why people and companies settle on things they might not have done, look no further than the tactics used here. Truth is irrelevant, PR alone is enough to ruin people and companies, they prefer their pocketbooks take a hit in the short term than their long term image and wealth.

Edited February 14, 2020 by Burnt Reynolds

[Burnt Reynolds 5,058]

More on some of his theft from clients (particularly in class action settlements), written about a month ago:

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Avenatti allegedly took settlement money from football fans

 

LOS ANGELES – Disgraced attorney Michael Avenatti is accused of stealing money from dozens more clients than previously known, according to newly unsealed documents and recent interviews with Fox News.

It’s alleged that Avenatti, currently behind bars awaiting trial in New York on unrelated charges, directed up to $1.3 million in settlement funds – intended for approximately 170 clients – to cover his own expenses. It’s the latest example of alleged malfeasance by the lawyer who was once a fixture on cable news and flirted with a presidential run.

“We didn’t receive any of that,” Donald Albaugh, one of Avenatti’s clients, said by phone Monday.  Albaugh said he and his wife, Tracy, went to the 2011 Super Bowl in Dallas but, like hundreds of other ticket holders, had problems with their seats and sued the NFL.

 

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The Albaughs and Dar said they each submitted itemized costs to Avenatti and his legal team seeking reimbursement for about $10,000, but they haven’t seen a penny.

In May 2017, Avenatti, representing the ticket holders, entered into an agreement with the NFL for a settlement of about $1,550,000 and a dismissal of all legal claims. But, in a request for a search warrant of Avenatti’s computers and phones seized following his March 2019 arrest, IRS Special Agent Remoun Karlous told a federal judge that Avenatti paid out only a small fraction of that settlement.

“Avenatti used the remainder of the approximately $1.31 million dollars [he] and his law firm received from the settlement of the Super Bowl Litigation for [his] own personal and business purposes,” Karlous wrote.

 

https://www.foxnews.com/us/michael-avenatti-nfl-football-fans-settlement-money

 

This guy is something else.

Edited February 14, 2020 by Burnt Reynolds

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An obvious Presidential candidate, shame he withdrew.

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I gotta admit, I enjoyed it when that dude blocked me on Twitter years ago.

Edited February 14, 2020 by Burnt Reynolds

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So if you see Mike moving suggestively while cuffed and doing the perp walk, you know why.

Edited February 14, 2020 by Burnt Reynolds

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He dropped the bar of soap?

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While handcuffed.