NEW YORK POST:
Michael Avenatti ripped off five clients — one of whom is a paraplegic man — and scammed bank loans, evaded taxes and lied during bankruptcy proceedings to prevent the collapse of his “financial house of cards,” federal authorities in California said Thursday.
The disgraced lawyer allegedly used millions of dollars generated by the overlapping schemes to pay for a lavish lifestyle that included a home in Laguna Beach and a $5 million private jet.
Avenatti, 48, sold the house for $12 million, but the feds seized the jet on Wednesday, officials said during a news conference in Los Angeles.
Avenatti, who shot to fame last year representing porn star Stormy Daniels, is charged in a 36-count indictment that could result in a maximum 333-year prison sentence, Los Angeles US Attorney Nick Hanna said.
The charges are separate from the case filed against him in Manhattan, where federal prosecutors last month accused him of trying to shake down Nike for more than $20 million.