Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion

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Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion
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California attorney Michael Avenatti, known for representing porn actress Stormy...

- California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald Trump, was more than $15 million in debt when he allegedly tried to extort as much as $25 million from Nike Inc , U.S. prosecutors claimed.

In a statement to Reuters late on Wednesday, Avenatti denied those claims and dismissed them as “bogus”. The celebrity lawyer is accused by prosecutors of demanding money from the athletic wear company in exchange for agreeing to scrap a threatened news conference to discuss Nike’s alleged improper payments to elite college basketball recruits.

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