https://www.cnbc.com/2019/03/2...-and-bank-fraud.html

Celebrity lawyer Michael Avenatti has been arrested on charges related to an alleged $20 million extortion of the athletic apparel company Nike, federal authorities said Monday.

A press conference is scheduled to discuss the charges against Avenatti in Los Angeles on Monday afternoon. Avenatti is due to be presented in federal court on Monday.

A criminal complaint against Avenatti says he "devised a scheme to extort a company by means of an interstate communication by threatening to damage the company's reputation if the company did not agree to make multi-million dollar payments to Avenatti and [co-conspirator], and further agree to pay an additional $1.5 million to a client of Avenatti's."

The complaint says that last Wednesday, Avenatti and a cooperating witness spoke by phone with lawyers for Nike "during which Avenatti stated, with respect to his demands for payment of milions of dollars, that if those demands were not met 'I'll go take ten billion dollars off your client's market cap ... I'm not f---ing around.' "

Nike had no immediate comment.

This message has been edited. Last edited by: sdy,

He has certainly had a stormy career.

And so it begins...

What a dirtbag.

Sooner or later I knew he would yank the wrong tail.....

Have fun, fuck face.

Oh, and just a bit of advice for ya, Mikey- you'll need a lawyer, but if you want any chance of winning, don't represent yourself, genius.

Meanwhile, President Trump is celebrating a victory, and you- well you, Mike, you're getting strip-searched. Have fun, laughing boy.

One of the charges must be attempted theft.

Trying to steal Jesse Jackson's and Al Sharpton's playbook.

I wonder what effect this will have on his Presidential bid.

Jim

Maybe that whore- what's her name- Bumpy Landings- maybe she can save you like you saved her, shit head. Give her a call. You never know...

Michael Avenatti seems desperate. He's twice divorced and broke.

I hope it gets much worse for him.

quote:

Originally posted by parabellum:
I hope it gets much worse for him.

Voila. Looks like you'll have to take a number and wait your turn to arrest him today...



Attorney Michael Avenatti Arrested On Federal Wire, Bank Fraud Charges

LOS ANGELES (CBSLA) – Attorney Michael Avenatti has been arrested on federal wire and bank fraud charges, authorities announced Monday.

The charges were announced by the U.S. Attorney’s Office Central District of California.

Avenatti, 48, of Century City, was arrested Monday on a two-count felony complaint alleged wire fraud and bank fraud, according to U.S. Attorney Nicola Hanna. Avenatti also was arrested in a separate federal case filed in New York.

According to prosecutors, Avenatti negotiated a settlement which called for $1.6 million in settlement money to be paid on January 10, 2018, but then gave the client a bogus settlement agreement with a false payment date of March 10, 2018.

The criminal complaint alleges Avenatti misappropriated his client’s settlement money and used it to pay expenses for his coffee business, Global Baristas US LLC, which operated Tully’s Coffee stores in California and Washington state, as well as for his own expenses.

When the fake March 2018 deadline passed and the client inquired about the funds, Avenatti continued to conceal that the payment had already been received, court documents alleged.

Prosecutors say Avenatti also allegedly defrauded a bank in Mississippi by submitting to the lender false tax returns in order to obtain three loans totaling $4.1 million for his law firm and coffee business in 2014.

According to the affidavit, Avenatti obtained the loans by submitting fabricated individual income tax returns (Forms 1040) for 2011, 2012, and 2013, reporting substantial income even though he had never filed any such returns with the Internal Revenue Service. The phony returns stated that he earned $4,562,881 in adjusted gross income in 2011, $5,423,099 in 2012, and $4,082,803 in 2013, according to the affidavit. Avenatti allegedly also claimed he paid $1.6 million in estimated tax payments to the IRS in 2012 and paid $1.25 million in 2013. In reality, Avenatti never filed personal income tax returns for 2011, 2012 and 2013 and did not make any estimated tax payments in 2012 and 2013. Instead of the millions of dollars he claimed to have paid in taxes, Avenatti still owed the IRS $850,438 in unpaid personal income tax plus interest and penalties for the tax years 2009 and 2010, court papers state. The affidavit also alleges that, as part of his loan applications, Avenatti also submitted a fictitious partnership tax return for his law firm.

More details were expected at a scheduled 11 a.m. news conference.

https://losangeles.cbslocal.co...ested-fraud-charges/

So, the Creepy Porn/Shakedown Lawyer, then?

Call the ho. She'll save him.

quote:

In reality, Avenatti never filed personal income tax returns for 2011, 2012 and 2013

How the hell does someone do this, and we let them walk around? I mean all the above story is whackadoo and looks like he's going down finally, but WTF?

Better call Saul

He's also facing federal charges in California for bank fraud.

This is amazing. A tsunami of good news!

He’ll probably be the next mayor of Los Angeles.

+

quote:

Originally posted by Georgeair:

quote:

In reality, Avenatti never filed personal income tax returns for 2011, 2012 and 2013

How the hell does someone do this, and we let them walk around? I mean all the above story is whackadoo and looks like he's going down finally, but WTF?

How do you mean? I knew a lady who didn't file a return for like ten years. Just didn't know better. Then when she finally realized she she should be, she filed all her back returns and ended up getting back a crapload of money.

Anyway, if you thought Trump was in a good mood before...haha

This is the most beautiful thing I've read in some time. Made my day. Crash and burn creep.