He still has a shot at the Democratic 2020 primary if he plays his cards right. Michael Avenatti has been hit with a 36-count indictment including wire fraud, tax fraud, bank fraud and bankruptcy fraud. It's even alleged that he screwed a paraplegic client out of millions because, let's face it, he's an upwardly mobile Democrat scumcrumpet.
The DOJ document filed in federal district court in California includes counts of fraud, perjury, failure to pay taxes, embezzlement and other financial crimes, the Los Angeles Times reported.
The development comes less than two weeks after federal prosecutors charged the possible 2020 Democratic hopeful with wire and bank fraud charges in California, relating to a failure to inform the quadriplegic client he had received a $1.6 million settlement. The DOJ accused the 48-year-old lawyer of appropriating those funds for his personal galavanting around and appearing on CNN.
That same day, U.S. attorneys in New York indicted the former lawyer for sex performer Stormy Daniels for allegedly seeking to extort up to $25 million from Nike.
In a news release on Thursday, the Department of Justice said of the latest court filing, “The criminal charges in the indictment address four areas of wrongdoing: the embezzlement of millions of dollars that should have been paid to clients, the failure to file income tax returns and failure to pay the IRS millions of dollars in taxes, the submission of fraudulent loan applications that included tax returns never filed with the IRS, and the concealment of assets from the Bankruptcy Court.”
The creep could get as much as 300 years in prison and is likely to die there unless he works out in the slammer gym and eats the right foods.
In the release, U.S. Attorney Nick Hanna said that all of the crimes Avenatti is now charged with were interconnected.
CNN has not spoken about this situation for some strange reason and Brian Stelter could not be found for questioning as to whether he still believes Avenatti has a shot at the 2020 primaries.
“These four areas of criminal conduct alleged in the indictment are all linked to one another because money generated from one set of crimes appears in other sets — typically in the form of payments to lull victims and to prevent Mr. Avenatti’s financial house of cards from collapsing,” Hanna said.
Acting Special Agent in Charge Ryan L. Korner, with the Los Angeles IRS Criminal Investigation addressed the tax-related charges brought against Avenatti. Korner said Avenatti had other priorities, including sports car racing screwing and a coffee shop chain. Avenatti said of the chain, "It kept me awake at night."
“The financial investigation conducted by the IRS details a man who allegedly failed to meet his obligations to the government, stole from his clients, and used his ill-gotten gains to support his racing team, the ownership of Tully’s coffee shops, and a private jet,” Korner said in the release.
Avenatti is accused of using a $2.75 million settlement payment from a client to help purchase a share in a private jet valued at $5 million. Federal authorities
seized the jet on Wednesday but his wife said that he has a spare.
In all, the indictment alleges wrongdoing against five clients. Among them is a paraplegic man Avenatti represented against the County of Los Angeles. So far as we know, this is the lowest the POS has sunk.
“The county paid a $4 million settlement in January 2015, but within months Avenatti had drained the entire settlement payment from his law firms’ trust account and used portions of the settlement to finance his coffee business or pay personal expenses,” according to the Justice Department.
In a Twitter post that has now apparently been deleted, Avenatti responded by proclaiming his innocence and further stating the move is meant to “sideline” him because he is the only one who can beat Trump.
“I intend to fully fight all charges and plead NOT GUILTY! I look forward to the entire truth being known as opposed to a one-sided version meant to sideline me,” he wrote.
In another tweet, which is still active, he characterized the allegations that he mishandled clients’ funds as “bogus nonsense,” which, of course, it probably isn't.
And in a third, which was also deleted, he said his career has been standing up for the powerless and predicted he would be exonerated. Yes, he is just a freaking Superman fighting for truth, justice and the American way.
"Look up in the sky . . . it's a bird . . . it's a plane . . . oh my God, it's Michael Avenatti laughing while he's crapping on us!"
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