Tuesday 14 June 2022 12:07 AM Michael Avenatti will plead guilty to stealing $10m from celebrity clients in ... trends now
Michael Avenatti, the twice-convicted lawyer who represented porn star Stormy Daniels in her case against former President Donald Trump, will plead guilty in California to stealing $10 million from clients.
In a June 12 court filing, the disgraced lawyer said that he wants to admit his crime so that he can 'be accountable; accept responsibility; avoid his former clients being further burdened; save the court and the government significant resources; and save his family further embarrassment.'
California federal prosecutors in 2019 hit the brash lawyer with 36 counts of fraud, perjury, tax evasion embezzlement and other crimes related to pocketing millions in client settlements, including keeping $4 million from a mentally ill paraplegic.
'Mr. Avenatti received money on behalf of clients and simply took the money to finance his businesses and his personal expenses,' California U.S. Attorney Nick Hanna said at the unsealing of the indictment.
The once high-flying Avenatti was sentenced to four years in federal prison in New York for diverting $300,000 in book proceeds from Daniels.
He received two and a half years behind bars for a 2021 conviction on charges he tried to extort Nike out of $25 million. Those sentences are running concurrently.
Michael Avenatti has been trying to strike a deal with the feds on the California for more than a year on his 36-count indictment
Avenatti tried to justify taking some book proceeds by citing other legal quests he took on for Daniels as he was litigating lawsuits brought on her behalf to negate the effects of a $130,000 payment she said she received in 2016 from Donald Trump's personal lawyer to remain silent about a tryst a decade earlier that Trump has denied
Avenatti has been trying to strike a deal with the feds on the California for some time.
'Despite repeated efforts over the last year by Mr. Avenatti and his counsel, including substantial efforts made in the last 30 days, defendant has been unable to reach a plea agreement with the government,' according to a request filed by H. Dean Steward, Avenatti's advisory counsel.
The media-hungry lawyer is charged in part with taking $4 million that Geoffery Ernest Johnson won against Los Angeles County over his incarceration in the Twin Towers jail.
Johnson attempted suicide by jumping off the upper floor of the lockup twice, injuring himself to the point he cannot use his legs.
Avenatti took the settlement and funneled it through bank accounts and laundered it in shell companies, including his race car team and Seattle coffee company, Global Baristas, to hide the money, prosecutors charge.
Avenatti is accused of hiding the settlement cash from Geoffery Ernest Johnson (pictured), pretending the money couldn't be paid out. When he realized his alleged fraud would be exposed, he rushed over to Johnson and made him sign a glowing testimonial about his services to cover himself
Beauty vlogger Michelle Tran, pictured, lost $4 million in stock sales to Michael Avenatti
The attorney is accused of taking a $2.75 million settlement from NBA player Hassan Whiteside (right) that was meant for Avenatti's client, the baller's ex Alexis Gardner (left), and spending most of it on a 2016 Honda Jet
Within five months, Avenatti had burned through the $4 million, but told Johnson that the
