Michael Avenatti Found Guilty for Extortion of Nike

Former Attorney for pornstar Stormy Daniels in her legal dispute with President Trump, has been found guilty on three counts related to efforts to extort athletic apparel giant, Nike, of up to $25M.

According to CNBC:

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. The lawyer had briefly flirted with running for president.

Avenatti, 48, was accused in the Nike case of trying to shake down the company by threatening to expose alleged evidence of bribing amateur basketball players and their families unless the company paid up.

Prosecutors said Avenatti’s audacious bid was spurred by a desperate need to get out from crushing debt of more than $10 million.

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