REPORT: Prosecutors Say Michael Avenatti Was $15 Million In Debt When He Allegedly Tried To Extort Nike

Michael Avenatti is back in the news and once again, it is not for a good reason. 

He was apparently deep in debt when he allegedly tried to extort Nike for millions.

Can you believe CNN and other liberal outlets were actually floating this guy as a possible presidential candidate just months ago?

 

Breitbart reports:

Prosecutors: Michael Avenatti was $15 Million in Debt During Nike Extortion Plot

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 U.S. District Judge Paul G. Gardephe time to decide what the jury will be allowed to hear and see.

For Avenatti, it is the first of three scheduled trials in the next five months. He has denied all charges.

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.” Those debts were owed to former clients, one of more former law partners, both of his former spouses for child and spousal support in arrears and a lawyer the government has identified only as “Attorney-1,” they said.

Here’s the sad part. This guy is still tweeting about politics, as if anyone is interested:  

He’s got much bigger things to worry about.