Post by nighttimer on Apr 11, 2019 18:07:23 GMT -5
Mar 26, 2019 9:44:31 GMT -5 @cassandraw said:
But looking into the weeds, it looks like the extortion lies in Avenatti wanting to be hired to do an internal investigation, which wouldn't make any sense. And that's what he wanted the big bucks for (more than $20 million), while his client (if he/she exists) was going to get a pittance ($1.5 million) compared to what Avenatti was asking for himself. That appears to be the nub of this case. Fascinated to see how it proceeds...
I'll certainly be following this, with plenty of popcorn at the ready.Federal prosecutors charged prominent celebrity lawyer Michael Avenatti with embezzling nearly $4 million from a settlement issued to a client with disabilities— and using the money for his business ventures.
Avenatti was charged by a grand jury in the Central District of California on 10 counts of wire fraud, 19 counts of tax fraud, four counts of bankruptcy fraud, and two counts of bank fraud.
Prosecutors allege that Avenatti embezzled over $3 million from a $4 million settlement one his clients received from Los Angeles County, and repeatedly lied to his client about the status of the settlement.
The indictment also alleges that the client also lost his government disability benefits after Avenatti failed to respond to the Social Security Administration's inquiries about his client's disability status out of fear it would expose his alleged embezzlement.
Avenatti, who has denied the charges, faces up to 335 years in prison if convicted.
As part of a 36-count indictment issued Thursday, federal prosecutors accused prominent celebrity lawyer Michael Avenatti of embezzling nearly $4 million from a settlement issued to a client with paraplegia — and then using the money for his business ventures.
Avenatti was charged by a grand jury in the Central District of California on a slew of financial crimes including 10 counts of wire fraud related to his alleged embezzling of his clients' money, 19 counts of tax fraud, four counts of bankruptcy fraud, and two counts of bank fraud.
Avenatti was charged by a grand jury in the Central District of California on a slew of financial crimes including 10 counts of wire fraud related to his alleged embezzling of his clients' money, 19 counts of tax fraud, four counts of bankruptcy fraud, and two counts of bank fraud.
The indictment alleges that Avenatti committed wire fraud in embezzling $12 million from financial settlements and legal judgments won by four of his clients, often lying to clients about how much money they had received or falsely claiming their judgments would be paid out over the course of several months.
I know prosecutors love to overcharge defendants (hello, Jussie Smollett), but 335 years? What do you plea deal that down to? 150? Hell, if Michael Avenatti were to die and be reincarnated, a cop would show up by his crib and handcuff him.
"C'mon. Let's go. You know what you did. You got a lot more time to do."
Any attorney who would cheat and steal from a quadriplegic deserves to go to the Iron Bar Hotel for a nice long time and stuffed in a hole so deep sunlight has to be piped down to them. If I were to run into Avenatti before he joins Michael Cohen as a fellow jailbird, I'd have one question for him. How in the HELL did you think you would get away with this when you were fucking with Donald J. Trump and more importantly, Donald J. Trump's Justice Department? You should have known they were going to be up your ass like a proctologist. Speaking of being up your ass, you might want to ask Cassandra if you could get some of that butter that ain't butter. Lubrication, ya feel me? You big dummy.
BYE, FELICIA!
