Michael Avenatti’s remaining charges likely to be dropped following guilty plea to wire, tax fraud

Date:

Share post:


NEWYou can now listen to Fox News articles!

Michael Avenatti, the disgraced lawyer who famously represented porn star Stormy Daniels, will likely have additional charges against him dropped after he pleaded guilty last week to wire and tax fraud. 

In a court filing Tuesday, federal prosecutors in Southern California said they expect “to move to dismiss the remaining counts of the Indictment after sentence is imposed.”

FILE: Michael Avenatti speaks to members of the media after leaving federal court on Feb. 4, 2022, in New York.

FILE: Michael Avenatti speaks to members of the media after leaving federal court on Feb. 4, 2022, in New York.
(AP Photo/John Minchillo, File)

Avenatti, 51, pleaded guilty on Thursday to multiple counts of wire fraud for swindling his clients out of settlement funds they were owed. He is scheduled to be sentenced on those charges on Sept. 19.

Prosecutors said those guilty pleas “will allow the Court to impose a sentence … that addresses the full scope of the defendant’s criminal conduct,” and that such a sentence makes further trial proceeding unnecessary. 

DEMOCRATIC REP: ELAINE LURIA ‘OK’ IF SERVICE ON JAN. 6 COMMITTEE COSTS HER RE-ELECTION IN NOVEMBER

Avenatti was indicted in 2019 on 36 counts, including bank and bankruptcy fraud. Prosecutors said Tuesday they aren’t planning to try Avenatti on six of the remaining charges and asked the court to delay trial on 25 other charges until next year.

Authorities said Avenatti cheated clients by negotiating and collecting settlement payments on their behalf and funneling the money to accounts he controlled. They said he owes his clients $9 million in restitution, but Avenatti said he disagrees with the estimate and the amount is much lower. 

CLICK HERE TO GET THE FOX NEWS APP

Avenatti — who is suspended from practicing law in California — is currently serving five years in prison for convictions in two cases in New York. He was convicted of stealing book proceeds from Stormy Daniels, the porn actor who catapulted Avenatti to fame as he represented her during her legal battles with then-President Donald Trump. He also was convicted of trying to extort Nike if the shoemaker didn’t pay him up to $25 million.

The Associated Press contributed to this report



Source link

spot_img

Related articles

Landon Barker & MGK’s Performance Amid Travis Barker Hospitalization – Hollywood Life

View gallery Landon Barker, 18, was a special guest performer at Machine Gun Kelly’s massive Madison Square Garden concert...

Biden ramps up US military deployments across Europe

NEWYou can now listen to Fox News articles! President Joe Biden is ramping up U.S. military...

Pelicans rookie Dyson Daniels’ mom reacts to NBA Draft ‘mayhem’ over her appearance

NEWYou can now listen to Fox News articles! Before Dyson Daniels was taken No. 8 overall...

How to make the most of your money during interest hikes

Interest hikes are making it more expensive to take out a loan, but there are moves you...
%d bloggers like this: