Michael avenatti has just been sentenced to 30 months in his Nike extortion case.
Avenatti appeared in court on Thursday in New York where the sentence was handed down, in addition to the 30 months he will also have 3 years of supervised release.
As we reported … Avenatti was arrested and charged trying to extort $ 20 million from Nike. The federal government had claimed that the infamous lawyer told Nike’s legal team that if they did not pay him between $ 15 million and $ 25 million, he would hold a press conference and allege misconduct by employees at Nike. shoe company.
According to the criminal complaint … Avenatti had asked Nike to hire him to conduct an internal investigation into the huge salary. Prosecutors said Avenatti was blaming a client who coached an AAU basketball team. They said Avenatti gave Nike the option not to hire him but to pay $ 22.5 million to resolve the dispute and buy his silence.
Prosecutors will later allege that the Nike program took place a few days ago in March 2019. Prosecutors said Avenatti replaced an AUA coach whose team had just lost a Nike sponsorship from one year to the next. worth $ 72,000 per year.
The coach claimed that Nike had made payments to the families of some HS basketball players… and Avenatti allegedly demanded payment from the shoe giant to silence him.
Avenatti was eventually arrested where he was supposed to meet with Nike executives… presumably to strike a deal or keep the conversation going.
Prosecutors also have conversations and videotapes … in which they allege Avenatti made threats. Avenatti also reportedly told Nike he was holding them by “the balls”.
Avenatti also faces fraud charges after California prosecutors claimed he embezzled his clients’ money to cover his coffee company’s expenses. He also allegedly committed bank fraud by submitting false tax returns to obtain $ 4.1 million in loans.
He was also charged with allegedly to steal money of his former client, Stormy Daniels.
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