Kirsters Baish| It has been reported that creepy porn lawyer Michael Avenatti, who represented porn star Stormy Daniels in her case against President Donald Trump, has been indicted on 36 counts by a California grand jury.

His charges include “embezzlement, wire fraud, tax evasion, bankruptcy fraud and bank fraud connected to his alleged theft of tens of millions of dollars from five clients, one a paraplegic,” according to CNN.

Prosecutors disclosed the 61-page-long indictment on Thursday, which shows “years of alleged deception and an array of false statements to both federal and bank officials by a man who, over the course of the past year, has become one of the highest profile attorneys in the country,” CNN reports.

It was just two weeks ago that Avenatti was charged by Manhattan and Los Angeles federal prosecutors.

CNN explains, “In the New York case, Avenatti is accused of attempting to extort more than $20 million from sportswear company Nike.”

During a Thursday news conference in LA, United States Attorney for the Central District of California, Nick Hanna, stated that  a lot of the misconduct on Avenatti’s part was related.
“Money generated from one set of crimes was used to further other crimes, typically in the form of payments designed to string along victims, so as to prevent Mr. Avenatti’s financial house of cards from collapsing,” Hanna stated.
Hanna also stated that on Wednesday, federal authorities seized a $5 million jet that is co-owned by Avenatti.
CNN reports:
Beginning in 2015, Avenatti executed a scheme to defraud five clients, according to the indictment, one of whom was a paraplegic from whom Avenatti allegedly withheld a settlement payment of $4 million.
After Avenatti negotiated settlements for the clients that required payment to go to them, he would lie to the clients about the terms of the settlements, instead depositing the funds to attorney trust accounts he controlled, the indictment says. He would then embezzle and misappropriate those funds, according to the indictment, and to prevent discovery of his scheme, would tell clients the settlement proceeds hadn’t yet been paid, among other tactics.
In the case of the paraplegic client, for example, Avenatti, after having pocketed the client’s $4 million settlement from a lawsuit against the county of Los Angeles, directed a small portion of what the client was owed, $124,000, to be paid to the client and made some payments to assisted living facilities to cover the client’s rent, according to the indictment. But Avenatti denied to the client that the total settlement had already been paid, the indictment reads.
As a result, that client was unable to purchase a house he sought. The client was also denied disability benefits in February 2019 after Avenatti failed to respond to the Social Security Administration on the client’s behalf, allegedly fearing that disclosure of information the administration sought would expose Avenatti’s scheme.
“As it turns out, within months of receiving the settlement proceeds in 2015, Mr. Avenatti had drained the entire $4 million payment from his trust account, using significant portions of these funds to finance his coffee business, his auto-racing enterprise and his own personal lifestyle,” Hanna stated on Thursday.
Avenatti tweeted on Thursday following the indictment, “For 20 years, I have represented Davids vs. Goliaths and relied on due process and our system of justice. Along the way, I have made many powerful enemies. I am entitled to a FULL presumption of innocence and am confident that justice will be done once ALL of the facts are known.”
He later wrote, “Any claim that any monies due clients were mishandled is bogus nonsense.”
Avenatti was charged with delivering a false testimony in the bankruptcy case of his law firm Eagan Avenatti LLP.
ABC7 says the disgraced attorney is facing more than 300 years in prison if convicted on all counts.

Mark Siidney

Father, Husband, Son. Mark is just a regular guy from a blue color family who writes opinion articles. Mark has Economics & Political Science degrees from Rutgers University.

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