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Michael Avenatti arrested for alleged $20 million extortion attempt against Nike // update Avenatti guilty Login/Join 
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I miss JAllen right now. Bet he's looking down, busting a big belly laugh.

These charges should result in a loss of license and being barred from practice?



We are all born ignorant, but one must work hard to remain stupid." ~ Benjamin Franklin.

SIGForum: the island of reality in an ocean of diarrhoea.
 
Posts: 1477 | Location: You smell that? | Registered: February 20, 2012Reply With QuoteReport This Post
Tinker Sailor Soldier Pie
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quote:
Originally posted by cjevans:
I miss JAllen right now. Bet he's looking down, busting a big belly laugh.

These charges should result in a loss of license and being barred from practice?


Haha, yeah, I'd say so. I read that he's looking at 50 years for the charges in California and something like 47 years for the charges in NYC.


~Alan

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What whiskey will not cure, there is no cure.
 
Posts: 23452 | Location: Ski Town, Utah | Registered: October 29, 2012Reply With QuoteReport This Post
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https://www.cnn.com/politics/l...7055b89ab9897943d060

Attorney Michael Avenatti will be released this evening on a $300,000 bond.

Avenatti, who was represented by two federal defenders, was not asked to enter a plea and did not do so.

When the judge asked Avenatti if he understood the charges against him, he replied, “I do, your honor.”

He was also ordered to give up his passport and cease contact with an unnamed witness. Avenatti will only be allowed to travel to New York and California.

xxxxxxxxxxxxxxxxxxxxxx

Attorney Mark Geragos is the unnamed co-conspirator referred to in the Southern District of New York's criminal complaint against Michael Avenatti, a source familiar confirms to CNN.

The complaint described the co-conspirator as "an attorney licensed in California who's known for his representation of celebrity and public figure clients."

Geragos has not been charged with a crime.

The Wall Street Journal was the first to report that Geragos was the unnamed co-conspirator.

Geragos did not immediately respond to CNN's request for comment.


xxxxxxxxxxxxxxxxxxxxxxxx


ZSMICHAEL has a thread titled "3 get prison in college basketball recruiting scandal"

That thread started 6 Mar 2019 and is about Adidas. That story is what Avenatti was warning Nike could happen to them.
 
Posts: 14366 | Registered: July 21, 2002Reply With QuoteReport This Post
Unhyphenated American
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Geragos charged.

https://www.washingtonexaminer...natti-co-conspirator

And released by CNN.


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Posts: 7353 | Location: Between the Moon and New York City. | Registered: November 27, 2011Reply With QuoteReport This Post
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Time for Jussie and Colin to bring a lawsuit against humanity for racism yadda yadda...
 
Posts: 89531 | Registered: January 20, 2000Reply With QuoteReport This Post
wishing we
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I read the Wash Examiner article about Geragos being indicted.

But that hasn't been reported anywhere else that I could find.

WSJ and others identified Geragos as Avenatti's coconspirator in the FBI complaint against Avenatti.

I am wondering if Geragos is a "cooperating" witness. Guess we will know soon.

Geragos represents Colin Kaepernick. Nike made a major move to resign Kaepernick and promote Kaepernick clothing.

Remember Nike's ad:



Nike must have been quite surprised that Geragos then tried to jack them up for millions in an extortion scheme
 
Posts: 14366 | Registered: July 21, 2002Reply With QuoteReport This Post
Info Guru
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Avenatti, released on bond, decided to drop his 'bombshell' via Twitter this morning.



This 'bombshell' story was reported in the media last year.




“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.”
- John Adams
 
Posts: 28483 | Location: In the red hinterlands of Deep Blue VA | Registered: June 29, 2001Reply With QuoteReport This Post
Peace through
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Loudmouthed idiot. And he thinks Donald Trump has an ego?? This guy is incredibly full of himself.

I hope he gets the max. He's truly a detriment to society and he needs to be imprisoned for a long, long time.


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"The fact of the matter is that in waging a scorched earth, no-holds barred war of 'resistance' against this administration, it is the Left that is engaged in a systematic shredding of norms and undermining the rule of law" - US Attorney General William Barr, November 15, 2019
 
Posts: 89531 | Registered: January 20, 2000Reply With QuoteReport This Post
thin skin can't win
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He must be reprsenting himself if he's so stupid as to actually send that while walking away from jail. For the day, anyway.



You only have integrity once. - imprezaguy02

 
Posts: 10102 | Location: Madison, MS | Registered: December 10, 2007Reply With QuoteReport This Post
wishing we
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some past links between Avenatti, Geragos, and Nike

https://www.wsj.com/articles/h...11553621180?mod=e2tw

Mr. Kaepernick had become a free agent after the 2016 season, and Nike hadn’t been featuring him in its advertising or making gear with his name on it.

Around the beginning of 2018, Mr. Kaepernick and his team, including Mr. Geragos, began discussions with Nike executives about changing that, a person familiar with the deal said. Mr. Geragos and Mr. Kaepernick’s representatives told Nike executives in New York they wanted Nike to feature him again—a risky proposition for the apparel giant. Nike is an NFL partner, and the league was still engaged in its high-profile grievance with Mr. Kaepernick

As the discussions between Mr. Geragos and the rest of Mr. Kaepernick’s team with Nike continued, other apparel companies such as Puma SE and Adidas AG expressed interest in using Mr. Kaepernick, the person said; Mr. Kaepernick’s Nike deal was set to expire in 2019. The negotiations between the two sides led to a rich new deal for Mr. Kaepernick and the high-profile campaign that made its debut in September.

In the wake of the deal, Mr. Geragos boasted about the success of the company’s viral advertisement featuring Mr. Kaepernick and how much it was helping Nike. “For those who judge success by the stock market going up, apparently Nike is on fire,” he tweeted in September.

xxxxxxxxxxxxx

When Mr. Avenatti was arrested last November on suspicion of domestic violence, he hired Mr. Geragos. Prosecutors did not charge Mr. Avenatti in the matter.

xxxxxxxxxxxxxxx

then in this month, Geragos allegedly entered a very different type of negotiation with Nike. After that initial phone call with the lawyers for Nike, prosecutors allege that the parties met on March 19 at Mr. Geragos’s office in New York, where Mr. Avenatti said he would hold a news conference to reveal payments from Nike employees to the families of top high-school basketball players—unless Nike paid Mr. Avenatti’s client, a high-school basketball coach, and hired him and Mr. Geragos to conduct an internal investigation.

Mr. Avenatti and Mr. Geragos wanted an answer immediately, according to the complaint. After a lawyer for Nike left a voice message for Mr. Geragos later in the day asking for more time, Mr. Geragos agreed to give them two more days. What they didn’t know was that Nike representatives contacted the U.S. attorney’s office in Manhattan regarding the demands.
 
Posts: 14366 | Registered: July 21, 2002Reply With QuoteReport This Post
Legalize the Constitution
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So I guess his run for the Presidency is out, huh Frown


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Posts: 9362 | Location: Wyoming | Registered: January 10, 2008Reply With QuoteReport This Post
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Posts: 123 | Location: Washington State | Registered: December 13, 2018Reply With QuoteReport This Post
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Geragos and Avenatti have been identified as coconspirators in a case of extortion against Nike.

Now we find out Geragos and Avenatti are lawyers for Seagram’s heiress Clare Bronfman in a case involving the Nxivm sex cult racketeering.

https://nypost.com/2019/03/27/...ed-michael-avenatti/

Clare Bronfman faints in Nxivm hearing when asked if she hired Michael Avenatti

xxxxxxxxxxxxx


these guys sure get around
 
Posts: 14366 | Registered: July 21, 2002Reply With QuoteReport This Post
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https://hotair.com/archives/20...cant-afford-counsel/

Avenatti filed that he could not afford a lawyer. He has been appointed public defenders.

https://www.marketwatch.com/st...rs-charge-2019-03-27

the Internal Revenue Service claims Avenatti reported $1.9 million in personal income in 2009 but didn’t pay $570,000 in taxes. The following year, he didn’t pay his $282,000 tax bill after reporting income of $1.2 million.

According to prosecutors, Avenatti hasn’t filed a single income tax return since, despite depositing $18 million into various bank accounts associated with him.

“During these tax years, Avenatti generated substantial income and lived lavishly,” IRS investigator Remoun Karlous, an IRS criminal investigator, was quoted by the L.A. Times as saying in his sworn statement.

L.A. Times:

https://www.latimes.com/politi...-20190327-story.html

Michael Avenatti’s life of luxury hangs by a thread as IRS comes calling
 
Posts: 14366 | Registered: July 21, 2002Reply With QuoteReport This Post
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Who does he think he is, Jesse Jackson? Big Grin
 
Posts: 2333 | Location: MO | Registered: March 07, 2010Reply With QuoteReport This Post
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quote:
Originally posted by GregY:
Who does he think he is, Jesse Jackson? Big Grin


Al Capone apparently...




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Posts: 35142 | Location: Above the snow line in Michigan | Registered: May 21, 2004Reply With QuoteReport This Post
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quote:
Originally posted by Rightwire:
Al Capone apparently... Big Grin

He's toast. He will spend time in jail and he will lose his law license. He's bankrupt.

Karma is a bitch.

quote:
the Internal Revenue Service claims Avenatti reported $1.9 million in personal income in 2009 but didn’t pay $570,000 in taxes. The following year, he didn’t pay his $282,000 tax bill after reporting income of $1.2 million.

According to prosecutors, Avenatti hasn’t filed a single income tax return since, despite depositing $18 million into various bank accounts associated with him.



"Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible."
-- Justice Janice Rogers Brown

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Posts: 17286 | Location: St. Louis, MO | Registered: April 03, 2009Reply With QuoteReport This Post
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quote:
Originally posted by sdy:

Now we find out Geragos and Avenatti are lawyers for Seagram’s heiress Clare Bronfman in a case involving the Nxivm sex cult racketeering.



Fifty Shades of Uh Oh


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Posts: 11100 | Location: Florida | Registered: June 23, 2003Reply With QuoteReport This Post
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In the charges against Avenatti extorting Nike, it has been revealed who his "client" is:

Coach Gary Franklin Sr of the California Supreme program.

https://thespun.com/more/top-s...venatti-nike-scandal

The example Avenatti cited for Nike paying the basketball player's family is Deandre Ayton. The payoffs where when Ayton was a high school player.

Ayton is now a 20 y.o. rookie w the NBA team Phoenix Suns.

Here is the story:

https://www.nytimes.com/2019/0...atti-basketball.html

Avenatti’s Client: The Basketball Club Coach Caught Up in a Federal Case.

Paying players and their families would violate N.C.A.A. rules, rendering the players ineligible for college play. Also, if the money was paid in exchange for players to commit to colleges Nike sponsors, it would resemble the behavior that recently led to federal fraud convictions for two former Adidas employees.

Two people familiar with the investigation confirmed that the unidentified coach in the complaint is Franklin. Nike had recently declined to renew its sponsorship deal with Cal Supreme, which was worth more than $70,000 annually

Grass-roots basketball is often erroneously called A.A.U. basketball, even in prosecutors’ court filings. That is a misnomer because the elite leagues are not sponsored by the Amateur Athletic Union. Rather, they are supported by sneaker companies that spend hundreds of thousands of dollars every year to organize tournaments from April through July. The teenage players who participate are outfitted, from head to toe, in apparel made by and bearing the logo of the league’s sponsor.

Ayton, who spent a season at Arizona before the Phoenix Suns made him the top overall pick in the 2018 N.B.A. draft, was Cal Supreme’s highest-profile player.

But in a twist, after years of wearing Nikes , Ayton signed a lucrative deal to wear Pumas when he went to the N.B.A . For Nike, it was an investment that did not pay off.

much more at the article

xxxxxxxxxxxxx

I had no idea that the sneaker companies were sponsoring high school kids and entire leagues to get them to wear their shoes.
 
Posts: 14366 | Registered: July 21, 2002Reply With QuoteReport This Post
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Jason Frank is a former legal partner of Avenatti.

According to a court judgment, Avenatti owes Frank $10 million in unpaid profits from his former law firm Eagan Avenatti

There was a hearing on Friday about Avenatti hiding money to avoid paying Frank.

The court heard that in 2015 Avenatti's law firm won a settlement from the County of Los Angeles in a lawsuit it filed on behalf of Geoffrey Johnson, a paraplegic man with mental health issues.

Frank's lawyer revealed a $4 million settlement contract signed by Avenatti in January 2015, resulting in a check for $4 million from LA County to his firm Eagan Avenatti.

But according to bank records presented by Frank's attorney Andrew Stolper, Johnson was only paid around $2,900 per month after the settlement.

The records, presented by Stolper in court, show the $4 million was put in a trust account rather than being sent directly to Johnson.

Avenatti described the allegations as 'absolutely outrageous' and said the payments were an advance on a different settlement payment.

He said in court that the $4 million check cashed in his trust account was not the same $4 million sent to his firm by LA County five days earlier.

Separately, Stopler produced documents showing that the NFL paid Avenatti's firm around $1.5 million to settle a case with one of the firm's clients on May 17, 2017.

The same day, Avenatti set up a private trust account and funneled $952,000 of the settlement money to it, bank statements presented in court showed.

Frank's lawyer Stolper told federal judge Karen Scott that the documents showed Avenatti 'set up a secret trust account' and used it to hide money from creditors trying to recover unpaid debts from Eagan Avenatti.

Avenatti told Stolper in court that 'whatever happened to [the money] was perfectly legal' and there was 'nothing wrong' with diverting part of it to a separate trust account.

Avenatti ducked and dived during the hours of grilling by Frank's attorney, frequently telling Stolper he 'can't recall' where clients' money was wired to and which of his law firms - Eagan Avenatti, Avenatti and Associates, and Avenatti LLP - were being paid.

Stolper also accused Avenatti of filibusters, making 'a hodgepodge or frankly contradictory testimony', and of failing to hand over documents to Frank weeks after the judge ordered it.

Avenatti said he had supplied a 'litany of documents' and said Stolper was trying to pull a 'grandiose stunt'.

https://www.dailymail.co.uk/ne...-paraplegic-man.html
 
Posts: 14366 | Registered: July 21, 2002Reply With QuoteReport This Post
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