Michael Avenatti was arrested in New York City on charges of trying to extort up to $25 million from Nike by threatening to reveal claims that company employees had authorized payments to the families of top high school basketball players.
Avenatti also was charged in a second federal case in Los Angeles with embezzling a client's money and "defrauding a bank in Mississippi," prosecutors said.
Avenatti gained widespread notoriety for representing porn star Stormy Daniel's $130,000 hush money. He was in the News all the time.
Embraced by the Democrats, Avenatti announced that he was considering running for president as he was embraced by Democrats .
Daniels, in a statement, "Knowing what I know now about Michael, I'm saddened but not shocked regarding his arrest."
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