It would take a man with a heart of stone not to dunk on creepy porn lawyer Michael Avenatti.
After all, here was a man who swore he had the goods to take down President Donald Trump. Well, it looks like Avenatti will be the one taken down, as he was indicted not once, but twice on federal charges today:
Michael Avenatti, the attorney who shot to national fame for representing adult film actress Stormy Daniels in her case against President Donald Trump, was arrested Monday in two separate cases of alleged financial crimes on both coasts.
New York prosecutors accused Avenatti of trying to extract more than $20 million from Nike Inc. by threatening to inflict financial and reputational harm on the company. Avenatti, a frequent attacker of Trump who flirted with a 2020 presidential bid, is also facing separate bank and wire fraud charges in Los Angeles, authorities said.
The feds claim Avenatti told Nike’s lawyers if they didn’t pay him between $15 million and $25 million he would hold a news conference on the eve of Nike’s quarterly earnings call and the start of March Madness and announce allegations of misconduct by employees at the shoe company.
According to the complaint, Avenatti demanded Nike hire him to conduct an internal investigation for the enormous salary.
The U.S. Attorney for the Southern District of New York says Avenatti was representing a client who was the coach of an AAU Youth Club basketball team.
Prosecutors say Avenatti gave Nike an option … don’t hire him but pay $22.5 million to resolve the dispute and buy his silence.
The complaint says Avenatti claimed the AAU coach had evidence that one or more Nike employees had funded payments to the families of top high school basketball players and attempted to conceal those payments.
According to prosecutors, there was a call on March 20 between Avenatti and Nike during which Avenatti said, “I’m not f**king around with this, and I’m not continuing to play games … you guys know enough now to know you’ve got a serious problem … So if you guys think that you know, we’re gonna negotiate a million five, and you’re gonna hire us to do an internal investigation, but it’s gonna be capped at 3 or 5 or 7 million dollars, like let’s just be done.”
Prosecutors say then Avenatti makes a threat … “I’ll go and I’ll go take 10 billion dollars off your client’s market cap. But I’m not f**king around.”
The U.S. Attorney says the call was recorded and there’s video of a meeting between Avenatti and Nike attorneys on March 21. In that meeting, Avenatti allegedly said, “If [Nike] wants to have one confidential settlement and we’re done, they can buy that for $22.5 million and we’re done.”
As for the wire fraud charge:
Avenatti sought loans from The Peoples Bank on behalf of Global Baristas and his law firms. As Avenatti pursued the loans, the complaint states, he provided false financial documents, including fake IRS filings and incorrect corporate financial material.
In or around December 2014, for example, Avenatti allegedly provided a 2012 IRS Form 1040 claiming that he made $4 million in 2013 and paid $1.3 million in taxes; according to IRS records, Avenatti did not file an IRS Form 1040 for 2013, nor did he pay any taxes to the IRS that year. Avenatti failed to file personal federal income taxes from 2011 to 2017, though he “generated substantial income and lived lavishly,” according to the complaint.
Upon receiving the apparently fake IRS form, The Peoples Bank wired $494,500 to a bank account associated with Avenatti’s law firm.
The complaint also alleges Avenatti defrauded a client of his law firm, using the client’s portion of a $1.6 million settlement toward his own purposes. According to the complaint, Avenatti used $1.6 million transferred into one of his accounts related to the settlement for payment such as to Tully’s vendors, a lawyer who represented Global Baristas, and a bank account under the name of “Michael Avenatti, Esq.”
Wait, Avenatti “failed to file personal federal income taxes from 2011 to 2017?” No wonder Uncle Sam is pissed.
Remember, this is the guy who made 108 appearances on CNN and MSNBC in a two month period.
It’s okay. I saved that deleted tweet of CNN hosts partying it up with Avenatti. Why would such a thing need to be deleted? pic.twitter.com/iutCtnwaxi
— Stephen Miller (@redsteeze) May 17, 2018
Also charged as a co-conspirator: CNN legal analyst Mark Geragos, attorney for Jussie Smollett and Colin Kaepernick. (If you tried to put this a novel, your editor would have rejected it as too heavy-handed.) Or I should say former CNN legal analyst, as the dwindling cable news network cut ties with him after the news broke.
Remember when Senate Democrats believed that Avenatti’s wild, baseless charges against Brett Kavanaugh were somehow credible? Democrats let this grifter become one of the faces of #TheResistance™, and now he, not Trump, is one who is probably going to end up in prison. The only question is whether Democrats are even capable of feeling shame over how their Trump Derangement Syndrome led them to put even the tiniest amount of faith into this guy.
Some day Avenatti’s life is going to be made into a great opera. (Tentative title: Basta!)
The last few days have been nonstop kicks in the teeth for “Russian Collusion truthers.” First the Mueller Report says no collusion or obstruction, now their favorite creepy porn lawyer is looking at serious prison time. If, as some technophilosophers believe, we are in fact living in a computer simulation, it would appear to be a computer simulation designed to allow Donald Trump to live his best possible life…
(Caveat: Innocent until proven guilty, yadda yadda yadda. And even though it appears that Avenatti did indeed commit extortion, it wouldn’t surprise me at all if the underlying charges against Nike turned out to be true…)
Tags: Colin Kaepernick, Crime, Democrats, FBI, fraud, IRS, Jussie Smollett, Mark Geragos, Michael Avenatti, Nike
If Avenatti and Geragos actually had anything on Nike, it’s going to get buried by this story. Which is actually kind of a shame.
I don’t trust either of those two as far as I can sling a piano, but given what’s already been going on with Adidas, I would be genuinely shocked if Nike wasn’t up to their eyeballs in the same sort of corruption. This is the kind of thing that could take down college basketball and the NCAA.
Monday – Jussie Smolletts lawyer caught up in charges of attempted extortion
Tuesday – charges dropped against Jussie Smollett
Doesn’t pass the sniff test.