U.S. prosecutors claim Avenatti was more than $15 million in debt during alleged Nike extortion

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Stormy Daniels’ former lawyer calls claims ‘bogus’

Prosecutors say California attorney Michael Avenatti was more than $15 million in debt when he allegedly attempted to extort Nike for $25 million.California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald Trump, was more than $15 million in debt when he allegedly tried to extort as much as $25 million from Nike Inc, U.S. prosecutors claimed.

In a statement to Reuters late on Wednesday, Avenatti denied those claims and dismissed them as “bogus”.“Any claim that I was $15 million in debt is completely bogus, ludicrous and absurd. I can’t wait for the trial in this case, at which point the TRUTH and FACTS will come out and I will be fully exonerated,” Avenatti said in an emailed statement.

The celebrity lawyer is accused by prosecutors of demanding money from the athletic wear company in exchange for agreeing to scrap a threatened news conference to discuss Nike’s alleged improper payments to elite college basketball recruits. Since his March 25 arrest in the Nike case, Avenatti has defended himself against a variety of criminal charges.

 

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I'm surprised that CNN & MSNBC did not help their star put of his jam. They even thought he could be President.

Yes, the virtues of a shrewd businessman who claims to know the law. Do not really believe knowledge of the law was meant to be profitable. Then again, a guy was executed a long time ago for accusing those who knew the law of not living or following the law. ..................

Avenatti is not someone I can feel sorry for...He is the ultimate manifestation of everything that is wrong in the current year...

'Don't worry, I know what I'm doing... don't worry, I know what I'm doing...'

Lol this guy sucks

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