NY - Michael Avenatti arrested for extortion of millions of dollars from Nike

Discussion in 'Trials' started by Curious Guy, Mar 25, 2019.

  1. Curious Guy

    Curious Guy Well-Known Member

    Messages:
    527
    Likes Received:
    876
    Trophy Points:
    93


  2. BetteDavisEyes

    BetteDavisEyes All the boys think she's a spy...

    Messages:
    27,198
    Likes Received:
    25,956
    Trophy Points:
    113
    LaborDayRN, Tripod, CarolAnn and 11 others like this.
  3. human

    human Well-Known Member

    Messages:
    23,521
    Likes Received:
    27,096
    Trophy Points:
    113
    Seems like it is a popular activity among the rich and privileged
     
    neesaki, LaborDayRN, mspepper and 8 others like this.
  4. MorbidGateway

    MorbidGateway Active Member

    Messages:
    102
    Likes Received:
    204
    Trophy Points:
    43
  5. Herat

    Herat Well-Known Member

    Messages:
    5,439
    Likes Received:
    32,203
    Trophy Points:
    113
    Well, this is all very interesting, isn't it?
     
    neesaki, LaborDayRN, mspepper and 9 others like this.
  6. Gardenista

    Gardenista Well-Known Member

    Messages:
    10,935
    Likes Received:
    67,188
    Trophy Points:
    113
    Here is what he tweeted less than an hour before he was arrested

    [​IMG]Michael Avenatti‏Verified account @MichaelAvenatti
    Tmrw at 11 am ET, we will be holding a press conference to disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered. This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball.
     
    neesaki, LaborDayRN, Tripod and 13 others like this.
  7. Inthedetails

    Inthedetails Well-Known Member

    Messages:
    16,757
    Likes Received:
    60,192
    Trophy Points:
    113
    The love of money is the root of all evil. Not money itself, but the love of it.

    Yuck.
     
    LaborDayRN, Tripod, Tillicum and 10 others like this.
  8. Tighthead

    Tighthead Well-Known Member

    Messages:
    476
    Likes Received:
    1,059
    Trophy Points:
    93
    I don’t mention this in defence of Avenatti, but there is an ongoing scandal/FBI investigation involving college assistant coaches.

    He may well have uncovered something scandalous, but tried to shake down Nike, overplaying his hand.

    I remember Gloria Allred getting a client paid out when Tiger Woods had his scandal.

    Is it extortion if it’s a threat, but legal if you just say “hey my client is issuing a statement tomorrow, call me if you wish to discuss...”?
     
    j_in_c, human, Mountaingazer and 3 others like this.
  9. Herat

    Herat Well-Known Member

    Messages:
    5,439
    Likes Received:
    32,203
    Trophy Points:
    113
    Wow. That and the recording the FBI has certainly does sound like extortion
     
    neesaki, LaborDayRN, mspepper and 8 others like this.
  10. Curious Guy

    Curious Guy Well-Known Member

    Messages:
    527
    Likes Received:
    876
    Trophy Points:
    93
    Nah, he's busted. The Nike lawyers recorded a phone call with Avenatti extorting with his usual false bravado and bluster. Also just read that Mark Gerragos is being named as a co conspirator.
     
  11. Gardenista

    Gardenista Well-Known Member

    Messages:
    10,935
    Likes Received:
    67,188
    Trophy Points:
    113
    LaborDayRN, Tripod, Tillicum and 8 others like this.
  12. Tighthead

    Tighthead Well-Known Member

    Messages:
    476
    Likes Received:
    1,059
    Trophy Points:
    93
    At no point was I suggesting he didn’t commit extortion.

    I was asking for the distinguishing features of Gloria Allred selling silence.
     
    coffeeandacig likes this.
  13. CrimeDawg123

    CrimeDawg123 Well-Known Member

    Messages:
    1,488
    Likes Received:
    10,600
    Trophy Points:
    113
    I'm really confused here. So was Avenatti going to disclose a scandal at the same time he was trying to get Nike to pay him off not to disclose it? I don't get it.

    Is there a scandal? No scandal? Huh?

    ETA twitter comments are hilarious!
     
    Last edited: Mar 25, 2019
    LaborDayRN, mspepper, Tripod and 6 others like this.
  14. Inthedetails

    Inthedetails Well-Known Member

    Messages:
    16,757
    Likes Received:
    60,192
    Trophy Points:
    113
    Allred was likely advocating aggressively as a representative of her client. She was working on her client's behalf. Sounds like Avenatti was aggressive for his own benefit.

    It is ugly all around.

    Jmo
     
    neesaki, LaborDayRN, Tillicum and 5 others like this.
  15. Inthedetails

    Inthedetails Well-Known Member

    Messages:
    16,757
    Likes Received:
    60,192
    Trophy Points:
    113
    The scandal of college sports does exist. I think Avenatti had more dirt on top of old dirt and he wanted money to be quiet. I think....

    Jmo

    Edited to add: I think the new dirt was about sports before college - high school and community teams
     
  16. BayouBelle_LA

    BayouBelle_LA Well-Known Member

    Messages:
    3,142
    Likes Received:
    7,003
    Trophy Points:
    113
    Avenatti’s arrest in Manhattan came just hours after a meeting with Nike lawyers that federal prosecutors recorded as part of a sting operation to capture him trying to extort millions from the company, according to Geoffrey S. Berman, the U.S. attorney for the Southern District of New York.

    In a tweet sent shortly before he was arrested, Avenatti had threatened to go public with claims that Nike officials were paying the families of top high school basketball players.

    “A suit and tie does not mask the fact that, at its core, this was an old-fashioned shakedown,” Berman said during a news conference in Manhattan on Monday afternoon.

    Lawyer Michael Avenatti, accused of fraud and attempts to extort Nike, is arrested
     
    neesaki, LaborDayRN, Tillicum and 6 others like this.
  17. Gardenista

    Gardenista Well-Known Member

    Messages:
    10,935
    Likes Received:
    67,188
    Trophy Points:
    113
    Yes, that's how I understand it. He (and Geragos) tried to extort Nike by saying they would not spill the beans on Nike if Nike paid them millions. So Nike called the Feds.

    Oh, and they also threatened to do it right before Nike's earnings announcement so that they would lose money in their market cap
     
    neesaki, LaborDayRN, Tripod and 9 others like this.
  18. CrimeDawg123

    CrimeDawg123 Well-Known Member

    Messages:
    1,488
    Likes Received:
    10,600
    Trophy Points:
    113
    Stormy Daniels on Twitter
    [​IMG]

    I don't give the porn industry much thought in general, but I have to say IMO Stormy Daniels has acted fairly respectably during this whole crazy debacle.
     
  19. Herat

    Herat Well-Known Member

    Messages:
    5,439
    Likes Received:
    32,203
    Trophy Points:
    113
    Wow. He didnt file or pay any taxes in 2011, 2012, 2013 and yet he sent fake tax documents to a Mississippi company for multiple loans.

    What a mess.
     
    Last edited: Mar 25, 2019
  20. Herat

    Herat Well-Known Member

    Messages:
    5,439
    Likes Received:
    32,203
    Trophy Points:
    113
    The more I read about "Stormy Daniels" the more I am impressed with her smarts.
     

Share This Page



  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice