Attorney Michael Avenatti is scheduled to be in Santa Ana federal court Monday for an initial appearance in connection with the charges of bank and wire fraud that he faces.

Avenatti, 48, is accused by federal prosecutors of embezzling a client’s money to pay off his own expenses and debts, including his coffee business.

Avenatti is facing another federal case in New York for allegedly extorting Nike, the world’s largest supplier of athletic shoes and apparel. Avenatti had tweeted receipts and other information he alleges shows corruption on the part of Nike, which he charged following his arrest has been recruiting young athletes.

In the Orange County case, Avenatti is accused of misappropriating funds due to a client arising out of a $1.6 million settlement, prosecutors said. Avenatti allegedly used some of the money to pay expenses for Global Baristas US LLC, which had Tully’s Coffee stores in California and Washington state, prosecutors said.

Avenatti also is accused of defrauding a bank in Mississippi to get three loans for a total of $4.1 million for his law firm by submitting bogus income tax returns for 2011, 2012 and 2013, years in which he did not file tax returns, prosecutors allege.

Avenatti is expected to enter a plea at a future hearing.

Avenatti is best known for representing the adult film actress known as Stormy Daniels, who became embroiled in a legal battle with President Donald Trump over hush money in an alleged affair between the two.

`Knowing what I know now about Michael Avenatti, I am saddened but not shocked by news reports that he has been criminally charged Monday,” Daniels, whose legal name is Stephanie Clifford, tweeted last Monday.

“I made the decision more than a month ago to terminate Michael’s services after discovering that he had dealt with me extremely dishonestly.”

Leave a comment

Your email address will not be published.