Michael Avenatti, the attorney famous for representing porn star Stormy Daniels, has been arrested on charges of extortion and wire fraud in two separate cases in New York and California.
According to CBS News, Avenatti is facing charges in New York for allegedly trying to extort Nike for $20 million. In a separate announcement the U.S. attorney in Los Angeles has charged Avenatti with bank and wire fraud charges stemming from allegations the 48-year-old embezzled money from a client and defrauded a bank through fake tax returns.
Avenatti was arrested in New York and appeared in federal court in Manhattan before being released on a $300,000 personal recognizance bond.
According to Fox News, Avenatti, if convicted, could face up to 47-years in jail on the New York charges. However, the news outlet is reporting the California case could pose his greatest legal threat citing a “much longer-running investigation involving a lengthier paper trail.” If convicted in California, Avenatti could face up to 50-years in jail.
Emerging from federal court on Monday, Avenatti told reporters, “As all of you know, for the entirety of my career I have fought against the powerful, powerful people and powerful corporations. I will never stop fighting that good fight. I am highly confident that when all of the evidence is laid bare in connection with these cases, when it is all known, when due process occurs, that I will be fully exonerated and justice will be done.”