Attorney Michael Avenatti was charged with trying to extort up to $25,000,000 from Nike, as well as bank and wire fraud for allegedly embezzling a client's money to pay off debts and use for his own expenses, according to authorities.
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He cannot travel anywhere else in the country without approval and may not transfer $5,000 or more from any account he controls without pretrial services. “I’m not f---ing around with this, and I’m not continuing to play games,” Avenatti told Nike reps, according to court papers. “You guys know enough now to know you’ve got a serious problem. And it’s worth more in exposure to me to just blow the lid on this thing. A few million dollars doesn’t move the needle for me.”
Avenatti shot to prominence last year as the hard-charging attorney for porn star Stormy Daniels, who claimed she was paid hush money to stay silent about an affair with Donald Trump in 2006.that she was"saddened but not shocked" by Avenatti's arrest. In a separate case out of California, Avenatti was charged with negotiating a settlement for a client and then using the funds to pay expenses for his company, Global Barista US LLC, which operated Tully’s Coffee stores in California and Washington state, court papers say.
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