Michael Avenatti Indicted For Allegedly Stealing Paraplegic Client's Settlement Money
Apr 12, 2019, 01:57
High-profile attorney Michael Avenatti is facing a raft of new charges after a federal grand jury indicted him on 36 counts of stealing millions of dollars from clients, bank fraud, tax evasion, and perjury in bankruptcy proceedings.
A statement from prosecutors to news outlets says details of the case will be released Thursday morning by U.S. Attorney Nick Hanna and the Internal Revenue Service in Los Angeles.
Avenatti tweeted Thursday that he intends to fight all of the charges and says he looks forward to the truth being known, as opposed to what he characterizes as a "one-sided version".
Avenatti, 48, was arrested March 25 in NY on the Nike charge and federal prosecutors at the time announced he also faced single counts of wire and bank fraud in Southern California, where he lives and practices law.
The attorney best known for representing adult film star Stormy Daniels in her legal battle with U.S. President Donald Trump said Thursday that he will plead not guilty.
The indictment said Avenatti stole millions of dollars from five clients through a group of shell companies and bank accounts to make it more hard to track.
That same day in Los Angeles, prosecutors claimed that Avenatti misused a client settlements to fund his coffee business, and also used the money to pay personal expenses.
The most glaring example of deception and fraud was described in the indictment as scheming Avenatti allegedly did to deprive clients of money they were due from court settlements, legal negotiations or sales of stock and actions he took to cover his tracks.
Prosecutors also accuse Avenatti of filing fraudulent applications to a bank in MS, to obtain $4.1 million in loans and making false statements when his firm was facing bankruptcy proceedings.
"Avenatti concealed the receipt of the settlement from Client 1 and instead gave him periodic "advances" of no more than $1,900 and paid the rent for his assisted living facility", the statement said.
Federal agents confirmed with Fox News that they had seized a Honda HA-420 twin-engine jet-worth $4.5 million-on April 10 after a federal judge issued a warrant.
The victims in the case include a mentally ill paraplegic who won a $4 million settlement against Los Angeles County.
A vocal critic of President Donald Trump whose presence on cable television past year made him a national figure, Avenatti now finds himself buried in legal travails on both coasts.
Avenatti allegedly tried to hide the scheme by derailing the client's attempt to buy a house and lying to the Social Security Administration about the settlement, resulting in the client losing his Social Security benefits in February, according to the indictment. But when Johnson was in escrow to purchase the property, Avenatti falsely said he had not received the settlement funds, the indictment said.
In all, Avenatti has been charged with 10 counts of wire fraud, 19 tax-related offenses, two counts of bank fraud, and four counts of bankruptcy fraud, while he remains free on the $300,000 bond he posted last month.
Kudlow, the Director of the National Economic Council, cautioned that the president has not made any final decisions . One auto industry analyst estimates that a shut down could halt auto production in most US factories within a week.
Elsewhere, Real's La Liga rivals Barcelona have ambitious plans of their own to rejuvenate their 99,000 Nou Camp stadium, in a development that will increase the arena's capacity to 105,000 in time for the 2023/24 season.
Guterres had been in the capital this week to help organize a national reconciliation conference planned for later this month. Fighting has been reported near the former global airport, which the LNA claims now to control.
Alex Capecelatro, who was chief executive of At the Pool before it shut down around 2014, did not respond to requests to comment. Facebook is grappling with another startling data leak with 540 million records found in plain sight on a public Amazon server.
Brady, who turns 42 in August, has addressed the subject of retirement before, saying he hopes to play until he is 45. And yes, Patriots fans and media members had a lot of thoughts and feelings about the tweet.
Kodak Black is right now facing heavy backlash for his comments on London just a week after Nipsey Hussle's death. While both men had gang affiliations, the motive for the shooting does not appear to be gang-related.
Foxx then called Chicago Police Superintendent Eddie Johnson to ask him to let the FBI investigate the alleged attack. Tina Glandian, one of his defense lawyers, told NBC News on Thursday that she was not concerned by the review.
But a Game Of Thrones promo released on Monday showed Jon Snow and Arya Stark reunited finally in the Godswood of Winterfell. Last month, Sophie Turner , who plays Sansa Stark, revealed she ruined the show's ending for her fiancé Joe Jonas.
Hardline Brexiteers and those ministers pushing for a softer Brexter are both threatening to resign if they don't get their way. This indicates a change from Labour toward staying in the single market, accepting free movement of citizens across borders.
Yet after Woods played out sideways and knocked his third from 205 yards to 25 feet, McIlroy hit an bad second shot. Woods won back-to-back holes with birdies at the fifth and sixth as McIlroy's putting frailties began to show.
"The system is full" - Trump tells migrants
Trump visited the California border city of Calexico, where he toured a section of the new border wall being constructed. Families, many traveling from Central American countries, made up more than half of those numbers, CBP said .
After Brexit, EU Will Allow UK Citizens To Visit Without A Visa
Chancellor Philip Hammond, a senior member of May's Cabinet, said Parliament should vote on whether to hold a second referendum . He said: "I've spoken out against a customs union , but I do want to see an outcome from these talks that can deliver Brexit".
Mueller’s report gets layers of interpretation on ‘SNL’ cold open
Added Bryant's Barr: "Most of it provided on live television by the president himself". " Russia , if you're watching, go to bed". We'll have to see if this was De Niro's last appearance on the show as Mueller, now that the report has wrapped up in real life .
Alexandria Ocasio-Cortez, queen of annoying
Lamar Alexander said on the Senate floor Monday. "This is about our constituents and all of our lives", said Ocasio-Cortez. King, who caucuses with Democrats, joined three other Democrats who voted with the Republican majority.