Ex-Stormy Daniels Lawyer Michael Avenatti Has Been Arrested For Attempting To Extort Nike

Famous attorney Michael Avenatti announced early on Monday that he will be holding a press conference on Tuesday to reveal a “major” scandal involving big names in Nike and college basketball...

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Not long after that announcement, he was arrested for attempting to extort...

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Per CNN...

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Federal prosecutors in Manhattan on Monday charged lawyer Michael Avenatti for attempting to extort more than $20 million from Nike.

According to the criminal complaint, Avenatti met in March 2019 with attorney for Nike and threatened to release damaging information about the company if Nike didn’t make millions in payment to himself and an unnamed co-conspirator. Avenatti also allegedly demanded that Nike pay $1.5 million to an individual he claimed to represent.

“I’ll go take $10 billion dollars off your client’s market cap…I’m not f***ing around,” Avenatti said, according to the complaint.

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(The Spun)