Avenatti Arrested For Alleged $20 Million Extortion Attempt Against Nike

Avenatti arrested for allegedly trying to extort $20 million from Nike.

Attorney Michael Avenatti was arrested today for an alleged $20 million extortion plot against clothing manufacturer Nike and is charged with committing bank and wire fraud charges surrounding the scheme.

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CNBC:

Celebrity lawyer Michael Avenatti has been arrested on charges related to an alleged $20 million extortion of the athletic apparel company Nike, federal authorities said Monday.

A press conference is scheduled to discuss the charges against Avenatti in Los Angeles on Monday afternoon. Avenatti is due to be presented in federal court on Monday.

Avenatti, 48, had represented porn star Stormy Daniels in her lawsuit against President Donald Trump and his former lawyer Michael Cohen related to a non-disclosure agreement she had signed on the eve of the 2016 presidential election to keep quiet about her alleged affair with Trump in exchange for a $130,000 payment. More

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