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Avenatti Charged With Embezzlement, Fraud, Cheating On Taxes

United States attorney Michael Avenatti has been charged in a 36-count federal indictment, alleging he stole millions of dollars from clients, did not pay his taxes, committed bank fraud and lied in bankruptcy proceedings, federal prosecutors in California said yesterday.


Avenatti, 48, was indicted late Wednesday by a Southern California grand jury, on a raft of additional charges following his arrest last month in New York, on two related counts and for allegedly trying to shake down Nike for up to $25 million.

 

A jet co-owned by Avenatti was also seized on Wednesday as part of the ongoing investigation, officials said.