BREAKING: Michael Avenatti Found Guilty in Extortion Trial
As CNBC reports:
Disgraced lawyer Michael Avenatti was convicted Friday by a jury of all three charges related to his efforts to extort up to $25 million from athletic apparel giant Nike.
The verdict in U.S. District Court in Manhattan came two years after Avenatti gained widespread notoriety for his representation of porn star Stormy Daniels in her legal disputes with President Donald Trump.
Avenatti, who was ordered jailed last month for bond violations, faces upcoming trials in two other federal criminal cases.
One of those cases, in New York, is for charges that he swindled Daniels out of $300,000 in proceeds for a book she wrote.
Avenatti also faces an additional pending case against him in California, on charges of defrauding clients out of millions of dollars.