Friday, February 14, 2020

"Michael Avenatti Guilty on All Counts in Nike Extortion Trial"

From NBC New York:
Avenatti represented porn star Stormy Daniels in her case against President Donald Trump

  • A jury reached a guilty verdict in Michael Avenatti's Nike extortion trial
  • Prosecutors maintained Avenatti threatened to use his fame to stage a news conference and deliver claims that Nike executives were corrupting college basketball
  • Avenatti first gained fame as the lawyer representing porn star Stormy Daniels in lawsuits against President Donald Trump
A jury convicted lawyer Michael Avenatti on all counts in his Nike extortion trial on Friday.
Prosecutors maintained Avenatti threatened to use his fame to stage a news conference and deliver claims that Nike executives were corrupting college basketball by funding payments to elite young players and their families, unless he was paid millions of dollars to conduct the internal probe.
At the time, prosecutors say, Avenatti faced at least $11 million in debts. His former law firm office manager testified that finances were so desperate last March that his several employees had been evicted from their $50,000-a-month offices and were working from their homes....
....MORE
our introduction to 2013's "How to Spot a Hedge Fund Fraudster":
Bombast. In my experience they are all bombastic.
And stripper poles. You would not believe the number of stripper poles that crooks collect....
Previously:
Avenatti Charged In 36 Count Indictment, Facing 331 Years In Prison, Channels The Black Knight
See: 
                              Black Knight:   "It's just a flesh wound!" 
 
                              King Arthur:       "Look, you stupid bastard, you've got no arms left!"
          Black Knight:    "I am invincible! 
          King Arthur:      "You're a loony!" 
          Black Knight:     "The Black Knights always triumph!"