This morning, at about 8:15 AM, Michael Avenatti posted this to his Twitter...
This has not been a good day for Avenatti. He was arrested by Federal officials in California for wire fraud and bank fraud (separately).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.— Michael Avenatti (@MichaelAvenatti) March 25, 2019
And today's announcement has been answered with Nike filing criminal charges against Avenatti in New York for at least a $20 million extortion scheme against them, involving three days of threats by Avenatti that if they didn't pay him, what you see reported in the tweet would be loosed.
Needless to say, the imminent nature of the announcement within 24 hours forced law enforcement's hand in the actions against Avenatti.
My guess? Frankly...
I think he's got something. But he's gone about it wrong, and will pay.
Famed lawyer Mark Geragos is an unindicted co-conspirator in the Nike situation, deemed by prosecutors in New York as an "old-fashioned shakedown", according to CNN.
As I've said on a number of subjects lately -- stay tuned.
But, Mr. Avenatti, being on the President's "Enemies List" never works out for you.
Just ask "Lion of the Left"/probable pedophile Bernie Ward, formerly of KGO Radio.
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