Convicted fraudster and celebrity lawyer Michael Avenatti has more legal troubles ahead after pleading guilty to stealing money from his clients.
The former attorney for Stormy Daniels is facing up to 83 years in prison after copping to wire fraud and tax charges, the Daily Mail reported.
Avenatti faces 83 years in prison
Avenatti pled guilty to felony offenses for embezzling money from four of his clients and impeding the collection of unpaid payroll taxes. A sentencing hearing is scheduled for September 19.
The indictment accuses him of “receiving money on behalf of clients into client trust accounts, misappropriating the money, and lying to the clients about receiving the money or, in one case, claiming that the money had already been sent to the client.”
One of Avenatti’s victims was a mentally ill paraplegic man who Avenatti hid a $4 million settlement from, then pressured to sign a testimonial praising Avenatti’s legal services, the Daily Mail reported previously. Avenatti then used the testimonial to counteract fraud charges when he was indicted in 2019.
In court Thursday, Avenatti admitted to stealing from clients but said the amount was less than the $9 million the government claimed. Avenatti made the plea without a deal from the government, saying he wanted to spare his family embarrassment.
He is currently serving a five-year sentence for cheating porn actor Stormy Daniels out of the profits of a book deal and attempting to extort Nike.
Avenatti has been disbarred in California. The government will still decide whether to press ahead with the other charges in a 36-count indictment for cheating clients, as well as bank and bankruptcy fraud, ABC reported.
“Michael Avenatti finally admitted what the IRS criminal investigation and the U.S. attorney’s office has been saying for several years now: that he committed audacious acts to steal money from his clients to line his own pockets,” Assistant U.S. Attorney Brett Sagel told reporters.
Avenatti became famous in 2018 for representing Daniels. He was one of the more unsavory characters in the mainstream media’s unrelenting campaign against former president Donald Trump, who denied Daniels’ claims that he slept with her.
Avenatti’s turn as hero to the anti-Trump #Resistance even led him to briefly flirt with presidential ambitions before his downfall.
The left should be ashamed that they ever supported this bottom feeder.