(LA Times)
Michael Finnegan and Mark Z. Barabak Mar 27, 2019 3:00 AM
Long before he was Stormy Daniels’ lawyer, well before he was accused of trying to shake down Nike for millions of dollars, Michael Avenatti was an Orange County plaintiff’s attorney living a luxe life adorned with fast cars, high-end properties and expensive jewelry.
He flew in a private jet, lived in a mansion overlooking the Pacific and rang up six-figure receipts at Neiman Marcus and other sumptuous retailers.
That his wealth might in fact be illusory, built on a flimsy and teetering financial foundation, slowly grew clear to some who knew Avenatti and hounded him for years in Bankruptcy Court and other venues in search of money he owed.
Suddenly, with his arrest Monday in Manhattan for allegedly scheming to extort $20 million from the sportswear giant, the rest of the world got a glimpse into the tangled life of the pugnacious litigator and, prosecutors assert, his reckless venality.
But as startling as the Nike allegations may be — attempting to strong-arm one of the most recognizable companies on the planet — the federal fraud charges simultaneously unsealed in California may be more revealing and could pose greater jeopardy to Avenatti and his freedom.
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