Avenatti expects imminent indictment in Nike extortion case

Combined Shape

NEW YORK (AP) — Attorney Michael Avenatti said Tuesday he expects to be indicted in the coming days in New York, following his March arrest on charges he tried to extort millions of dollars from Nike.

Avenatti posted a Twitter message saying he intends to fight the “legally baseless allegations” and vowed to clear his name. He said he expects the indictment to be handed up within the next 48 hours.

The U.S. Attorney’s Office in Manhattan declined to comment.

Avenatti, 48, was arrested in March after federal prosecutors said he threatened to expose that Nike improperly paid high school basketball players unless the company paid him up to $25 million.

He has denied those allegations and separate charges of tax, wire and bank fraud in California. Prosecutors there say Avenatti embezzled settlement funds and proceeds from other matters he handled for several clients.

Trending:
Report: Four Texas Counties React to Horror on the Border as Local Judge Declares 'This Is an Act of War'

Avenatti described the New York indictment as “the formal charging document that usually follows a criminal complaint, which is what was issued in connection with my arrest.”

He said he intends to plead not guilty to the charges.

“I look forward to the trial where I can begin to clear my name,” he wrote on Twitter.

Avenatti rose to fame representing porn actress Stormy Daniels in her legal battles against President Donald Trump.

Prosecutors haven’t said whether they believe Avenatti’s information about Nike was accurate, but they say he crossed a line by trying to enrich himself with threats.

The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service from The Western Journal.

Truth and Accuracy

Submit a Correction →






We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:
The Associated Press is an independent, not-for-profit news cooperative headquartered in New York City. Their teams in over 100 countries tell the world’s stories, from breaking news to investigative reporting. They provide content and services to help engage audiences worldwide, working with companies of all types, from broadcasters to brands.
The Associated Press was the first private sector organization in the U.S. to operate on a national scale. Over the past 170 years, they have been first to inform the world of many of history's most important moments, from the assassination of Abraham Lincoln and the bombing of Pearl Harbor to the fall of the Shah of Iran and the death of Pope John Paul.

Today, they operate in 263 locations in more than 100 countries relaying breaking news, covering war and conflict and producing enterprise reports that tell the world's stories.
Location
New York City




Conversation