Avenatti charged with fraud as he testified in related case

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Even before federal prosecutors unsealed charges against Michael Avenatti, the lawyer best known for representing porn actress Stormy Daniels in legal battles against U.S. President Donald Trump was facing legal scrutiny for his business practices.

Brian Melley and Amy Taxin, The Associated PressLOS ANGELES -- Even before federal prosecutors unsealed charges against Michael Avenatti, the lawyer best known for representing porn actress Stormy Daniels in legal battles against President Donald Trump was facing legal scrutiny for his business practices.

He claimed on Twitter that Nike funneled "large sums" of money to elite student-athletes bound for top colleges and said the corruption reached the highest levels at the company. Jason Frank, who was an independent contractor for the now-bankrupt firm of Eagan Avenatti, has been seeking compensation he claims he's owed for work done before he resigned in 2016, according to federal court filings.

Most of a nearly $1.4 million payment sent to Eagan Avenatti as part of a settlement with the NFL was funneled to an account for personal expenses such as rent on a luxury apartment and monthly payments on a Ferrari, Frank's lawyers said. "He has repeatedly thanked me for my dedication to his case and the ethics I have employed," Avenatti wrote.

 

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So we could say he did win the booby prize?

Pay up pal.

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