The verdict was returned Friday by a Manhattan federal jury after it deliberated charges of attempted extortion and honest services fraud in what prosecutors say was an attempt by Avenatti to extort up to $25 million from Nike with threats to otherwise harm it. The charges carry a combined potential penalty of 42 years in prison.
Avenatti did not testify, but his lawyers said he was following the wishes of Franklin and an entertainment executive who advised him to be aggressive to force Nike to fire corrupt executives and fix its culture.
Besides the extortion trial, Avenatti also faces an April trial in New York on charges that he defrauded Daniels of book proceeds and a May trial in Los Angeles on charges that he defrauded clients and others of millions of dollars.
Avenatti’s twitter and website are still functioning though his bail got revoked and got locked up because of additional allegations against him
His website has some now amusing quotes that rotate through.
Article submitted by, A Non Ymous.
