Michael Avenatti to plead guilty to stealing $5 million from clients
https://www.cnn.com/2022/06/12/politics/michael-avenatti-guilty-plea/index.html
In 2019, Avenatti was indicted on multiple charges of defrauding his clients.
According to the indictment, beginning in 2015, Avenatti executed a scheme to defraud five clients, one of whom was a paraplegic from whom Avenatti allegedly withheld a settlement payment of $4 million.
After Avenatti negotiated settlements for the clients that required payment to go to them, he would lie to the clients about the terms of the settlements, instead depositing the funds into attorney trust accounts he controlled, the indictment says. He would then embezzle and misappropriate those funds, according to the indictment, and to prevent discovery of his scheme, he would tell clients the settlement proceeds hadn't yet been paid, among other tactics.
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This wasn’t a matter of fame going to his head. He was a crook from day one.
I’m starting to think that he might not be the best choice for the Democratic presidential nomination, and that we might reluctantly have to look elsewhere.
