Michael Avenatti, charged with federal crimes in New York and Los Angeles, will be released on a $300,000 bond. He will also have to give up his passport.
Attorney Michael Avenatti will be released this evening on a $300,000 bond.
He was also ordered to give up his passport and cease contact with an unnamed witness. Avenatti will only be allowed to travel to New York and California.Attorney Mark Geragos is the unnamed co-conspirator in the Avenatti criminal complaintAttorney Mark Geragos is the unnamed co-conspirator referred to in the Southern District of New York's criminal complaint against Michael Avenatti, a source familiar confirms to CNN.
A Nike lawyer, who cooperated with the investigation and is referred to as"Attorney-1" in in the charges, is Boies Schiller Flexner LLP partner Scott Wilson, according to a person familiar with the matter.Nike released a statement today after prosecutors in New York announced charges against attorney Michael Avenatti for attempting to extort more than $20 million from the company."Nike will not be extorted or hide information that is relevant to a government investigation.
Avenatti met with Nike again the next day, and he continued to make what Berman described as"graphic threats." According to the timeline, Avenatti made the initial threats to Nike on March 19. Shortly afterward, Nike informed federal prosecutors in New York of the threats. If convicted on both charges of wire fraud and bank fraud in California, attorney Michael Avenatti will face a statutory maximum sentence of 50 years in federal prison, said US attorney Nick Hanna at a press conference Monday afternoon.US Attorney Nick Hanna said that while the California case against attorney Michael Avenatti is"completely separate" from the New York case, officials coordinated his arrest today.
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