Associated Press
- Prosecutors say California attorney Michael Avenatti was over $15 million in debt when he tried to extort up to $25 million from Nike, while Avenatti's lawyers say the money he legally requested to conduct an internal probe of the sportswear giant was a bargain.
- Criminal charges against him in other cases include allegations in New York that he defrauded ex-client porn star Stormy Daniels out of proceeds of a book deal and charges in Los Angeles that he defrauded clients of millions of dollars.
- In their submission, federal prosecutors said they plan to show the jury that Avenatti owed "conservatively, in excess of $15 million.
- Visit Business Insider's homepage for more stories.
NEW YORK (AP) — Prosecutors say California attorney Michael Avenatti was over $15 million in debt when he tried to extort up to $25 million from Nike, while Avenatti's lawyers say the money he legally requested to conduct an internal probe of the sportswear giant was a bargain.
Both sides made the assertions in court papers filed late Tuesday in advance of a Jan. 22 criminal trial in Manhattan, giving US District Judge Paul G. Gardephe time to decide what the jury will be allowed to hear and see.
See the rest of the story at Business Insider
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