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Michael Avenatti accused of trying to extort Nike for up to $25M, feds say
Michael Avenatti, the former attorney for adult-film star Stormy Daniels, was accused Monday by federal prosecutors in New York of operating "an old-fashioned shakedown" by trying to extort between $15 and $25 million from sports apparel giant Nike, part of a string of bombshell claims against the celebrity lawyer.
Avenatti, who briefly considered a bid for the 2020 Democratic presidential nomination, also was charged with wire fraud and bank fraud in a separate case out of California. He was taken into custody and expected to appear in court later Monday in New York City.
Prosecutors said Avenatti tried to extort Nike "by threatening to use his ability to garner publicity to inflict substantial financial and reputational harm on the company if his demands were not met."
A suspected co-conspirator working alongside Avenatti was identified Monday afternoon by The Associated Press and The Wall Street Journal as Mark Geragos, who has represented celebrities including Michael Jackson and -- more recently -- "Empire" star Jussie Smollett. Geragos also was a CNN contributor.
In case you need a reminder who this CHUMP is:
Flashback: Michael Avenatti Made 108 Appearances on CNN, MSNBC in Two-Month Period
Buh-bye creepy porn lawyer, buh-bye.
Michael Avenatti, the former attorney for adult-film star Stormy Daniels, was accused Monday by federal prosecutors in New York of operating "an old-fashioned shakedown" by trying to extort between $15 and $25 million from sports apparel giant Nike, part of a string of bombshell claims against the celebrity lawyer.
Avenatti, who briefly considered a bid for the 2020 Democratic presidential nomination, also was charged with wire fraud and bank fraud in a separate case out of California. He was taken into custody and expected to appear in court later Monday in New York City.
Prosecutors said Avenatti tried to extort Nike "by threatening to use his ability to garner publicity to inflict substantial financial and reputational harm on the company if his demands were not met."
A suspected co-conspirator working alongside Avenatti was identified Monday afternoon by The Associated Press and The Wall Street Journal as Mark Geragos, who has represented celebrities including Michael Jackson and -- more recently -- "Empire" star Jussie Smollett. Geragos also was a CNN contributor.
In case you need a reminder who this CHUMP is:
Flashback: Michael Avenatti Made 108 Appearances on CNN, MSNBC in Two-Month Period
Buh-bye creepy porn lawyer, buh-bye.