Allen J. Schaben | Los Angeles Times | Getty Images
Michael Avenatti arrives at the Ronald Reagan Federal Building & U.S. Courthouse in Santa Ana for a 2 p.m. hearing on criminal charges of bank as well as wire fraud on April 1, 2019 in Santa Ana, California.
that will all comes after Avenatti, who has gained widespread notoriety inside the past year for representing porn star Stormy Daniels in lawsuits against President Donald Trump as well as his former lawyer Michael Cohen, was arrested as well as charged in fresh York last month for trying to extort millions of dollars via Nike by threatening to take his allegations public. At the same time, Avenatti was also separately charged in a second federal case in Los Angeles with embezzling a client’s money “in order to pay his own expenses as well as debts,” according to prosecutors. Avenatti said last week about the second case that will “I am highly confident that will when the process plays out, that will justice will be done.”
Avenatti has, meanwhile, denied he tried to shake down Nike, saying he was just working on behalf of one of his clients. He was arrested in fresh York just 15 minutes after he tweeted he would likely be revealing a high school as well as college basketball scandal. Based on the charges in both cases against him, if convicted, Avenatti faces nearly 100 years in prison as well as potential disbarment as a lawyer.
right now, as the NCAA men’s Final Four basketball tournament comes to a close, Avenatti can be going public with his allegations against Nike. He claims to have evidence that will more than $170,000 has been paid out by the retailer to family members of basketball players, including the Phoenix Suns’ Deandre Ayton, former University of Nevada Las Vegas player Brandon McCoy as well as the Oregon Ducks’ Bol Bol.
He told CNBC the 41 pages of documents he’s posted on the internet thus far just “scratch the surface” in terms of the evidence he has against Nike. “We have more via where that will came via.”
Nike over the weekend had said the idea “will not respond to the allegations of an individual facing federal charges of fraud as well as extortion as well as aid in his disgraceful attempts to distract via the athletes on the court at the height of the tournament.” as well as that will the idea “will continue its cooperation with the government’s investigation into grassroots basketball as well as the related extortion case.”