If you had to bet on who is going down first, Michael Avenatii or NIKE, who would you bet on?
My money would be on Avenatti being in jail well before anything happens to NIKE.
TMZ’s obtained the indictment and it’s pretty damming. He’s being indicted on 36 counts of fraud, perjury, failure to pay taxes and other financial crimes. According to docs … Avenatti allegedly stole millions from a mentally ill paraplegic on disability who had scored a $4M settlement from L.A. County. The money had been wired to Avenatti in January 2015 and he allegedly hid the dough for years.
Avenatti’s also accused of using $2.75 million in proceeds from another client’s legal settlement to buy a private jet. Avenatti allegedly concealed that settlement too. The infamous lawyer is also accused of owing millions of dollars in back taxes and making false statements to the IRS.
A federal grand jury in California handed up the indictment Thursday, and if 36 charges sound like a lot … it is. He faces up to 335 years in prison if convicted!!!
Avenatti says he intends to fully fight all charges and plead not guilty. He added, “I look forward to the entire truth being known as opposed to a one-sided version meant to sideline me.”
That is now three separate federal cases against Avenatti.
Good luck on fighting all that. Flip the pages for him Tweeting about NIKE and video of the Feds calling him a scammer.