Avenatti Pleads Guilty To Stealing Millions From Clients

CNN reports:

Disgraced attorney Michael Avenatti pleaded guilty Thursday to embezzling millions of dollars from four of his clients, taking another step closer toward resolving a flurry of federal charges against him.

Judge James Selna set Avenatti’s sentencing for September 19. Avenatti faces a statutory maximum of 83 years in prison, although his sentence would likely fall below the maximum.

He is currently serving a five-year prison term after being convicted in two separate trials in New York for attempting to extort millions of dollars from Nike and stealing nearly $300,000 from a book advance from his then-client Stormy Daniels.

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