NEW YORK (CBSNewYork/AP) — Michael Avenatti, a lawyer who gained fame by representing a porn star in lawsuits against President Donald Trump, was convicted Friday of trying to extort sportswear giant Nike. The verdict was returned Friday by a Manhattan federal jury after it deliberated charges of attempted extortion and honest services fraud in what prosecutors say was an attempt by Avenatti to extort up to $25 million from Nike with threats to otherwise harm it. The charges carry a combined potential penalty of 42 years in prison. Sentencing is set for June 17. “The verdict speaks volumes. We thank the jurors for their time and service which is the bedrock of the American judicial system,” Nike said in a statement. “Today a unanimous jury found Michael Avenatti guilty of misusing his client’s information in an effort to extort tens of millions of dollars from the athletic apparel company Nike. While the defendant may have tried to hide behind legal terms and a suit and tie, the jury clearly saw the defendant’s scheme for what it was – an old fashioned shakedown,” said U.S. Attorney Geoffrey Berman. Avenatti, 48, became prominent during frequent cable television program appearances in 2018 and… Read full this story
- Michael Avenatti labels Alyssa Milano a 'disgusting hypocrite' in a response to her eight-month-old tweet about his 'domestic violence' arrest in November
- Michael Avenatti is hit with new fraud charge after being accused of attempting to extort $20MILLION from Nike by threatening to publicize claim that firm 'secretly paid college basketball stars'
- Michael Avenatti indicted on charges of defrauding ex-client Stormy Daniels, identity theft
Attorney Michael Avenatti Convicted Of Trying To Extort Nike have 263 words, post on newyork.cbslocal.com at February 14, 2020. This is cached page on GameMax. If you want remove this page, please contact us.