Michael Avenatti faces 36-count federal indictment

Michael Avenatti's jet which was seized at Santa Barbara Airport on Wednesday

Michael Avenatti charged in 36-count federal indictment

"The breadth of Avenatti's alleged crimes is clear in the maximum sentence he would face if convicted on all counts: 335 years in prison", the Times reported.

The alleged crimes "are all linked to one another because money generated from one set of crimes appears in the other sets - typically in the form of payments to lull victims and to prevent Mr. Avenatti's financial house of cards from collapsing", said Hanna.

Robbins says he's never seen a defendant tweet incriminating evidence on the day they were indicted.

Avenatti has waived his right to a preliminary hearing.

Specifically, Avenatti faces 10 counts of wire fraud for taking more than $12 million won by clients and failing to provide them what they were owed.

Andrew Stolper, who represents Frank, says Avenatti would have faced questions about money he's charged with stealing from clients.

On Thursday, following the grand jury indictments in California, Avenatti declared that he plans "to fully fight all charges and plead NOT GUILTY".

A jet co-owned by Avenatti was seized Wednesday as part of the ongoing investigation, officials said.

The grand jury also accused Avenatti of lying to the IRS about his pocketing of almost $2.4 million in taxes withheld from the paychecks of employees of Global Baristas U.S., which operated Tully's coffee stores in Washington and California.

In recent months, Avenatti has attached himself to other controversial matters, representing a woman who claimed misconduct by US Supreme Court Justice Brett Kavanaugh while he was in high school and several parties connected to a case against musician R. Kelly.

They also claim he used fraudulent documents to obtain $4.1 million in loans from a MS bank. In California, it was alleged that Avenatti committed wire fraud and bank fraud to embezzle a client's money for the goal of paying off his own debts.

Avenatti shot to overnight fame past year as the counsel for Stormy Daniels, the adult film actress who claims to have had sexual relations with President Donald Trump, and his bulldog approach to taking on the president and his legal team helped garner him endless spots on cable TV news shows.

The indictment also said Avenatti lied to the IRS about his taxes.

Embattled California attorney Michael Avenatti will be named in an indictment at noon EST on Thursday.

"More than four years later, Client 1 is still waiting to receive his portion of the settlement", U.S. Attorney Nick Hanna said at a press conference in Los Angeles.

Thursday's indictment from a grand jury comes two weeks after federal prosecutors in Manhattan and Los Angeles charged Avenatti, who became a household name during his representation of adult-film actress Stephanie Clifford, known professionally as Stormy Daniels, almost simultaneously in two criminal cases, unsealing complaints that alleged he attempted to extort more than $20 million from sportswear company Nike and that he committed wire and bank fraud. Trump has denied having an affair with Daniels.

In New York, Avenatti said last month that the case was pushed by Nike in an attempt to distract attention from what he called its crimes.

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