Michael Avenatti Charged with Extortion and Fraud in Separate Cases

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Could the fall of Michael Avenatti be at hand? For those who have been in the crosshairs of this manic, headline-addicted lawyer, it would be a welcome moment. Early yesterday afternoon, Avenatti, best-known for having represented Stormy Daniels in her civil lawsuits against President Donald Trump and Trump’s ex-personal attorney, Michael Cohen, was charged in Manhattan and Los Angeles federal courts with crimes that could land him up to 97 years in prison. In Manhattan, where he was arrested, Avenatti allegedly had tried to extort over $20 million from Nike Inc. in return for a promise not to savage the company’s reputation. In Los Angeles, he faces separate fraud charges of diverting funds from a client settlement to his personal use and of grossly overstating his income to obtain a bank loan. He is now free on $300,000 bond with travel restrictions.

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