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Michael Avenatti arrested on federal charges of wire fraud and extortion

Michael Avenatti arrested on federal charges of wire fraud and extortion | 25 March 2019 | Attorney Michael Avenatti, who came to national prominence as the lawyer for adult film star Stormy Daniels, was arrested on federal charges in two separate cases in California and New York, federal prosecutors said Monday. The U.S. attorney for the Southern District of New York charged Avenatti for allegedly trying to extort Nike for about $20 million. Prosecutors said he and another attorney threatened to release damaging information about the company if it did not meet his demands. The U.S. attorney in Los Angeles separately announced Avenatti faces bank and wire fraud charges for allegedly embezzling money from a client and defrauding a bank through fake tax returns.