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Michael Avenatti Charged Over Nike Extortion Attempt By New York Federal Prosecutors

WorldNews Monday, 25 March 2019
Michael Avenatti Charged Over Nike Extortion Attempt By New York Federal ProsecutorsFederal prosecutors in Manhattan announced they were charging lawyer Michael Avenatti for attempting to extort more than $20 million from Nike, according to The Washington Post. The criminal complaint alleges Avenatti met with an attorney for Nike earlier this month and threatened to release damaging information about the company if they did not pay Avenatti and unnamed co-conspirator millions of dollars. The celebrity lawyer also demanded 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 during a phone call, according to the complaint. Avenatti tweeted earlier on Monday he...
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News video: Federal law enforcement officials discuss new cases against Michael Avenatti

Federal law enforcement officials discuss new cases against Michael Avenatti 19:43

Michael Avenatti was charged in two separate federal cases Monday with wire fraud, bank fraud and extortion. Federal law enforcement officials discus the cases against him.

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