BREAKING: Attorney Michael Avenatti criminally charged with four counts of extortion and related conspiracy counts.— Adam Klasfeld (@KlasfeldReports) March 25, 2019
Press conference at 2:30 pm. pic.twitter.com/dXUXqITQMZ
NEW: SDNY is charging Michael Avenatti for "attempting to extract more than $20M in payments from a publicly traded company by threatening to use his ability to garner publicity to inflict substantial financial & reputational harm on the company if his demands were not met."— erica orden (@eorden) March 25, 2019
There are more Avenatti charges coming:— Shimon Prokupecz (@ShimonPro) March 25, 2019
Federal prosecutors in LA will also announce charges of wire fraud and bank fraud against Avenatti at 2p ET. These charges are separate from the charges in SDNY that were announced at roughly the same time.
Tmrw at 11 am ET, we will be holding a press conference to disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered. This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball.— Michael Avenatti (@MichaelAvenatti) March 25, 2019
Amazing. Avenatti, speaking directly with Nike's lawyers, allegedly threatened to extort the company. The lawyers immediately called up the Justice Department and set up a recorded sting of Avenatti reiterating his allegedly criminal demands pic.twitter.com/6PkOUjsH7F— Lachlan Markay (@lachlan) March 25, 2019