Avenatti’s Arrest Goes from Bad to Worse as His Alleged Co-Conspirator Is Revealed to Be Well-Known CNN Commentator

New broke today that Michael Avenatti had been arrested in New York for a 25 million extortion plot against Nike.

From CNBC:

Celebrity lawyer Michael Avenatti was arrested Monday in New York City on charges of trying to extort up to $25 million from Nike by threatening to reveal claims that company employees authorized payments to the families of top high school basketball players.

But that wasn’t all. It gets better.

Avenatti also was separately charged in a second federal case in Los Angeles with embezzling a client’s money “in order to pay his own expenses and debts” and those of his law firm and coffee company, and of “defrauding a bank in Mississippi,” prosecutors said.

And if that wasn’t enough, there’s more.

According to the Wall Street Journal is reporting that Avenatti’s alleged co-conspirator in the extortion scheme is celebrity lawyer Mark Geragos, who represents Colin Kaepernick and Jussie Smollett, among others. He’s also a CNN legal commentator.

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CNN reportedly fired Geragos as a contributor after the news broke. It should be noted that Geragos has not been charged or arrested.

And Stormy Daniels who parted ways with Avenatti about a month ago is weighing in.

From Axios:

“Knowing what I know now about Michael Avenatti, I am saddened but not shocked by news reports that he has been criminally charged today. I made the decision more than a month ago to terminate Michael’s services after discovering that he had dealt with me extremely dishonestly and there will be more announcements to come. I ask that the media respect my decision to withhold further public comment regarding Mr. Avenatti at this time.”



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