Feds Hit Michael Avenatti With 36-Count Indictment

The Associated Press report:

Federal prosecutors said Thursday that attorney Michael Avenatti has been charged in a 36-count federal indictment in Southern California. Details of the case were scheduled to be made public at a midmorning news conference by U.S. Attorney Nick Hanna and the Internal Revenue Service, Hanna’s office said in a statement to news outlets.

The indictment alleges he stole millions of dollars from clients, didn’t pay his taxes, committed bank fraud and lied in bankruptcy proceedings.

The new charges follow Avenatti’s arrest in New York last month for allegedly trying to shake down Nike for up to $25 million and on two counts of wire and bank fraud from Southern California, where his firm is based. Avenatti has said he expects to be cleared.