Michael Avenatti was at least $15M in debt during Nike extortion case, prosecutors say

By Madison Dibble

Published December 26, 2019 1:31pm ET

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Michael Avenatti was at least $15M in debt during Nike extortion case, prosecutors say — Attorney Michael Avenatti was completely underwater with personal debt in the time frame during which he was accused by Nike of trying to extort $25 million. Avenatti, 48, has been accused of trying to extort Nike by demanding $25 million for him and his client in exchange for his silence about alleged illegal branding deals. […]

Attorney Michael Avenatti was completely underwater with personal debt in the time frame during which he was accused by Nike of trying to extort $25 million.

Avenatti, 48, has been accused of trying to extort Nike by demanding $25 million for him and his client in exchange for his silence about alleged illegal branding deals. Nike maintains that there were no such deals taking place and turned Avenatti in to the authorities for attempted extortion.

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Fashion Law Michael Avenatti New York